Spanish neobank Rebellion Pay taps Sentinels for AML and risk management
Madrid-based Rebellion Pay claims more than 280,000 customers across Spain.
Machine Learning
Marlette secures $225m Series E to grow Best Egg financial platform
The round was led by the Healthcare of Ontario Pension Plan (HOOPP).
Disrupting the status quo: how low-code process automation can accelerate hyperautomation
Hyperautomation allows employees to focus on core business processes that provide more value.
India’s CredAvenue hits unicorn status with $137m Series B round
CredAvenue will use the cash to invest in artificial intelligence, machine learning and data analytics.
A new world: Mission Lane on helping the underbanked build credit
FinTech Futures discusses financial inclusion in the US with Mission Lane CEO Shane Holdaway.
Why instant loans are catching fire with fraudsters
Fraudsters are now increasingly finding clever ways to exploit this innovative form of financing.
Driving innovation in finance through trustworthy AI
Artificial intelligence (AI) is fast becoming an essential tool for the financial services industry.
AI-first infrastructure provider SeMI Technologies closes $16m Series A
“We represent a third wave in database technology,” says CEO Bob Van Luijt.
U.S. Bank partners Microsoft for cloud banking tech upgrade
Microsoft says financial services organisations need to become more digital to meet customer demands.
Squirro signs European Central Bank, buys open.exchange, raises $4m
Zurich-based Squirro has raised $4m in equity funding from capital investment firm BuildGroup.
FinTech Futures Jobs: Three companies that are hiring this spring
Exciting open vacancies at Hazy, Starling Bank and Monzo. Apply today!
Standard Chartered’s SC Ventures launches supply chain finance platform
SC Ventures says TASConnect will unlock “significant value” for organisations.
Former Google Cloud product lead Amir Hermelin joins FICO as CTO
At Google, Hermelin was in charge of planning and executing the tech giant’s cloud platform strategy.
Finding illicit financial transactions by ignoring them
Firms can utilise AI and ML to create analysis models that can better detect suspicious activity.
Nationwide partners ID fintech Jumio for customer onboarding upgrade
Jumio leverages AI, biometrics, machine learning, liveness detection and automation to verify identity.
The proliferation of digital transformation: from ‘nice to have’ to a necessity for success
Digital transformation has become the benchmark for survival in the financial market.
Fintech start-ups Altpay and Finz Money launch in UK
Both companies are now open for new customers to register.
Technology holds the key to solving the Covid loan repayment crisis
The adoption of new tech by governments can help SMEs access the cash needed to repay their Covid loans.
ING spin-out fintech Katana Labs shuts down
“I regret to announce that Katana Labs will cease to operate as of January 31, 2022,” founder says.
Digital twins in the metaverse
As we rush headlong into virtual worlds in the metaverse, the concept of digital twins will become more conspicuous.
SaaS tech start-up financing platform Arc lands $161m investment
“We’re on a mission to help start-ups grow,” says Arc co-founder and CEO Don Muir.
AI-focused fintech Qraft Technologies secures $146m SoftBank investment
Qraft’s US CEO says investment management is “ripe for disruption” thanks to AI.
From viral fun to financial fraud: How deepfake technology is threatening financial services
As deepfake technology becomes more prolific, the threat posed to financial services is becoming very real.
The state of the API economy
The has been a significant shift away from viewing APIs merely as developer-led internal bits of technology.
MoneyLion acquires embedded finance marketplace Even Financial for $440m
The acquision is expected to add $90m of revenue for MoneyLion.
Unlocking the digital potential of financial services through predictive analytics
Integrating the best of human and machine intelligence allows organisations to be better prepared.
UK SME lender OakNorth acquires cashflow forecasting solution Fluidly
Since its launch in September 2015, OakNorth Bank has lent over £6.5 billion to SMEs.
Growing a backbone: Will AI empower accountants or undermine them?
By working with AI rather than against it, accountants can leverage its assistance to elevate their roles.
Bridging the gap between banking and digital accessibility
In a digital by default world, banks need to be champions of ensuring everyone has access to financial services.
Revolut monitors regulatory landscape with CUBE platform
The platform uses AI for identifying regulatory announcements and events across the globe.
New fintech start-up Arbo Works gains seed funding ahead of launch
Set up by ex-Google execs earlier this year, the firm is embarking on a major recruitment drive.
Hong Kong-based Qupital raises $150m to boost expansion plans
Partners in Series B include Citi, GBA Homeland and Nordstar.
ID verification firm Socure valued at $4.5bn following $450m Series E round
The fintech plans to use the cash to develop new products, enter new markets and hire more staff.
Biometric bias in the transgender and non-binary community
Organisations have a responsibility to recognise bias in their technologies and work to adapt models.
Digital trade finance platform Drip raises $175m in equity and debt funding
Drip provides SMEs across India, Mexico and the US access to collateral-free credit.
Video: fintech news pick of the week – Stripe, M1 Finance, HSBC & more
Our top pick of news from the world of finance and tech in bitesize video format, every week.
Swiss fintech start-up Yokoy raises $26m in Series A round
The Swiss fintech plans to invest in tech development and global expansion.
Clearco CGO: “Talent and ambition exist everywhere, but opportunity does not”
FinTech Futures speaks with Clearco’s Ruma Bose and Sarah Clark to discuss democratising access to funding.
Updraft secures £72m investment in NatWest-led funding round
The financial wellness platform hopes to wean users away from high-interest borrowing.
UK neolender Proportunity raises £105m to expand workforce and boost loans
The ‘proptech’ utilises machine learning to reduce lending risk.
