Tag: digital banking

Avaloq strengthens Arab Bank Switzerland partnership

Avaloq, a banking software and services provider, and Aladdin Wealth, BlackRock's wealth technology platform, have deepened their partnership with Arab Bank Switzerland, a Swiss...

OakNorth acquires Monite to boost business banking tools

OakNorth, the digital bank for entrepreneurs, has completed a strategic transaction with Monite, an all-in-one financial management platform for businesses, to enhance its business...

Uzbekistan FinTech Uzum lands $130m strategic investment

Uzbekistan’s leading digital ecosystem, Uzum, has secured a strategic investment exceeding $130m in a deal that underscores growing international confidence in the country’s rapidly...

SpareBank 1 and Tieto Banktech transform digital mortgages

SpareBank 1, Norway's leading mobile banking provider, and Tieto Banktech, a specialist banking technology firm, have announced a multi-year partnership aimed at transforming the...

Asian FinTech investments dropped by 16% as deals over $100m declined...

Key Asian FinTech investment stats in 2025: Asian FinTech funding dropped by 16% in 2025 Deals over $100m declined by 92% amid market uncertainty ...

UK FinTech Allica Bank raises $155m Series D

Allica Bank, a UK-based digital bank focused on serving established small and medium-sized businesses (SMBs), has secured fresh capital of $155m.  The company has raised...

Real-time AML: Stopping scams before money vanishes

The speed of modern finance has transformed convenience for consumers, but it has also reshaped the fraud landscape. Instant bank transfers and crypto transactions...

Backbase and Plaid partner to power AI banking

Backbase, an AI-powered banking platform provider, has partnered with Plaid, a data network serving as the analytics layer for financial services, to tackle data...

Exponential data vs linear compliance: the crunch

The mathematics of exponential data growth is colliding head-on with legacy compliance architecture. Across FinTech and digital banking, two powerful forces are reshaping operational...

Monzo AML fine signals scalable compliance era

In July 2025, the Financial Conduct Authority (FCA) fined Monzo Bank £21m for serious anti-money laundering (AML) control failings, marking one of the most...

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