audax Financial Technology, a provider of end-to-end digital banking technology, has revealed that its platform is behind Amanah Pro, a new digital Shariah banking service rolled out by Maybank Indonesia Syariah and Muslim Pro. The launch sees Islamic financial services built directly into Muslim Pro, a Muslim lifestyle platform that has been downloaded more than 190 million times around the...

Mangopay, a leading global wallet infrastructure provider, has broadened its Virtual Accounts product, more than tripling its currency coverage from seven currencies to 24. With the enhancement, enterprise platforms can now take in payments across a wider range of currencies while keeping a separate dedicated wallet and account for each one. The company said this proprietary structure makes reconciliation more...

Machhapuchchhre Bank Limited (MBL), one of Nepal's foremost commercial lenders, has picked ZIGRAM's Complete AML System in a move to bolster its defences against money laundering and wider financial crime. The platform brings together a set of applications spanning sanctions screening, customer risk management, transaction monitoring and fraud risk management, giving the bank a single framework for tackling illicit financial...

Aria, the Paris-based embedded invoice financing platform, has secured a €7m Series A extension alongside a new €240m debt facility as it looks to expand its financing capacity and combat the late payments crisis affecting businesses across Europe. The equity injection was headed by 115K, La Banque Postale's venture capital arm, alongside existing backer 13books Capital, taking the company's overall...

Cornerstone First Mortgage, a San Diego-headquartered full-service mortgage bank, has moved to nCino's Mortgage Point of Sale as it looks to improve the experience it offers borrowers and continue its expansion across the US. The lender, which has twice doubled in size during the last three years, now runs roughly 130 branches spanning 49 states, with dozens of local brands...

DUAL North America, a specialty programme administrator, has widened its relationship with InsurTech firm ZestyAI, the Risk and Decision Intelligence Platform for the insurance industry, to underpin wildfire underwriting for a newly launched homeowners programme in California. Under the enlarged agreement, DUAL will deploy Z-FIRE™, ZestyAI's wildfire model, to gauge exposure at the level of individual properties, enabling measured expansion...

Kord, a UK-headquartered FinTech offering a single platform for client onboarding, identity checks and payments, has closed a £6.4m Series A round to tackle AI-enabled fraud and streamline transactions across regulated sectors. Guinness Ventures headed the investment, which also drew backing from Beringea, SFC Capital and a group of angel investors. The raise lifts Kord's cumulative funding to £9m, with...

Applied Systems, an insurance software provider, has launched a submissionless commercial insurance quoting capability with The Travelers Companies as its first carrier partner, using agentic AI to streamline the renewal process. The technology is powered by Cytora, the AI platform for insurance carriers acquired by Applied Systems in 2025, and enables participating insurers to send renewal quotes directly into Applied...

Tangos AI, an autonomous AI platform for financial crime investigations, has secured $20m in seed funding as it looks to tackle one of compliance's most stubborn bottlenecks. Red Dot Capital Partners led the round, joined by Leaders Fund, Clarim, Venture Israel, Signal Fire, Clutch Capital and Selah Ventures, alongside a strategic cheque from Bright Data. The raise arrives against a stark...

Vertafore, a Denver-based insurance technology provider, has launched an AI-powered submission processing agent designed to help managing general agents (MGAs) reduce manual intake processes and accelerate underwriting decisions. Vertafore provides technology solutions for insurance agencies, MGAs and carriers, including platforms supporting distribution, compliance and workflow management. The Velocity AI Submission Processing Agent is built on Vertafore’s Velocity AI Platform and integrates...