Online Banking

Abrigo bets on AI to cut CECL workload for banks

Abrigo bets on AI to cut CECL workload for banks

Abrigo, a North Carolina-based provider of risk management software for financial institutions, has launched an AI-powered tool designed to reduce the manual work involved...
Eclipse Bank picks Lumin Digital for banking upgrade

Eclipse Bank picks Lumin Digital for banking upgrade

Lumin Digital, the Compounding Growth Platform for banks and credit unions, has been named as the new digital banking provider for Eclipse Bank, the...
Revolut clears US hurdle on path to national bank

Revolut clears US hurdle on path to national bank

Revolut has taken a major step towards establishing a banking presence in the US after securing conditional approval from the Office of the Comptroller...

Slice reportedly raises $100m as valuation hits $450m

India-based Slice has reportedly raised $100m in a funding round that puts its valuation at $450m.  Neo Wealth served as the lead investor, with contributions...
CIB-backed yomo clears first hurdle for digital bank launch

CIB-backed yomo clears first hurdle for digital bank launch

Commercial International Bank (CIB) has secured preliminary approval from the Central Bank of Egypt to launch yomo, a digital banking platform targeting consumers and...
Stash taps Capitalize to tackle forgotten 401(k) savings

Stash taps Capitalize to tackle forgotten 401(k) savings

Stash is embedding Capitalize’s rollover technology into its app, giving eligible US customers a way to locate and consolidate old 401(k) accounts without leaving...
PayPal and Venmo expand into US tuition payments

PayPal and Venmo expand into US tuition payments

PayPal, a global digital payments platform, and Venmo, its peer-to-peer payments app, are expanding into higher education by enabling students and families to pay...
Strata Credit Union taps Alkami for digital banking

Strata Credit Union taps Alkami for digital banking

Alkami Technology, a digital sales and service platform provider for financial institutions in the US, has partnered with Strata Credit Union, a full-service community...
Revolut expands into APAC with Australian bank licence

Revolut expands into APAC with Australian bank licence

Revolut, the global financial services platform serving over 75 million customers, has been awarded a full Authorised Deposit-taking Institution (ADI) licence in Australia, becoming...

Nubank to acquire Banco Porto Real for banking licence

Nubank, the leading digital financial institution in Latin America, has agreed to purchase Banco Porto Real de Investimentos S/A in a move that adds...

News Stories

Smaller deals dominated this week's FinTech deal scene, with $541m raised across 15 deals

Smaller deals dominated this week’s FinTech deal scene, with $541m raised across 15 deals

It was a week for smaller funding rounds in the FinTech sector, with a total of $541m raised across 15 deals.  It marked a significant...
Personalization has become table stakes, so what's next?

Personalisation has become table stakes, so what’s next?

Personalisation has been a major trend in wealth management for many years to the point it is now seen an expectation, rather than as...
Duna: deterministic rules are the key to bank-grade AI

Duna: deterministic rules are the key to bank-grade AI

Financial institutions racing to embed AI into their compliance operations face a stubborn problem: the technology does not always give the same answer twice....
Prometeia platform gives AfDB central grip on model risk

Prometeia platform gives AfDB central grip on model risk

Prometeia, the Italian risk management and advisory specialist, has completed the implementation of its Prometeia Model Journey (PMJ) platform at the African Development Bank...
Exante warns inflation risks put bond investors on edge

Exante: hawkish Fed sends US yields soaring as bonds suffer

September proved another punishing month for fixed income investors, according to the latest Fixed Income Briefing from Exante, as a hawkish Federal Reserve, resilient...

120,000+ FinTech leaders get exclusive industry stories delivered every week