Tag: Banking
Verituity secures $18.8m to enhance verified payout solutions
Verituity, a innovator in the realm of intelligent, verified payouts, has successfully closed a significant funding round of $18.8m.
How AI is set to transform client services and profitability in...
Citi has unveiled a new report, AI & Finance: Bot, Bank & Beyond, exploring the transformative potential of AI in the banking sector.
Aim Security, pioneering GenAI security, raises $18m in Series A
Aim Security, a leader in GenAI security solutions, announced today that it has secured $18m in Series A funding.
Canadian FinTech startup Chexy raises $4.1m to expand renter rewards platform
Chexy, Canada’s pioneering rent rewards and payments platform, today announced a seed round raise of $4.1m CAD.
London-based Finbourne raises £55m for investment data management expansion
Finbourne Technology, a prominent London-based investment data management firm, has successfully secured £55m in a Series B raise.
How KYB regulations shape the future of banking and FinTech
Know Your Business (KYB) is a crucial process for verifying business entities during the onboarding phase, aimed at understanding risk factors, financial health, creditworthiness, and beneficial ownership.
US banks are surpassing European counterparts in AI talent growth
In the past six months, the world's foremost banks have expanded their AI talent by 9%, a rate that doubles their overall headcount growth, according to a survey from Evident.
Unit21 unleashes cutting-edge ACH features to combat financial fraud
Unit21, a leading player in the FinTech space, has announced the rollout of its latest innovations aimed at revolutionising ACH (Automated Clearing House) transactions and bolstering fraud prevention measures.
Standard Chartered partners with Visa B2B Connect for streamlined cross-border payments
Standard Chartered has joined forces with Visa B2B Connect to expand its existing suite of payment solutions.
Global InsurTech seed deal activity halves in Q1 2024 YoY
Key Global InsurTech seed deal investment stats in Q1 2024:
• InsurTech seed deal activity reached 25 deals in Q1 2024, a 52% reduction from...