FloQast hires nCino exec Josh Glover as president and CRO
Glover has served as CRO of nCino since 2019, and became its president in 2021.
Artificial Intelligence/AI
Franklin Templeton partners Microsoft to build “advanced financial AI platform”
The firm will leverage Microsoft’s Azure AI services, including its AI Search and AI Document Intelligence functions.
Vatic AI hires former Mastercard exec Dilip Krishnan as CEO and president
Krishnan will also serve as a member of Vatic AI’s board of directors and will remain situated in Singapore.
State of play: the future of credit
Alternative data sources will be key to ensuring the future of credit is affordable, inclusive, and accessible.
White paper: Redefining banking for the digital future
Learn how to harness digital-first, on-demand banking to increase bottom lines.
Finalists announced for PayTech Awards 2024
We are delighted to share with you the shortlist for FinTech Futures’ PayTech Awards 2024.
Traydstream hires Microsoft’s Stephan Hufnagl as new CTO
Hufnagl boasts over 20 years of cloud architecture, business strategy and engineering experience.
Indian fintech Aurionpro bolsters AI portfolio with $16.5m takeover of Arya.ai
Arya.ai offers a cloud-based PaaS that enables enterprises to develop their own AI solutions.
UK regtech ComplyAdvantage snaps up Golden to strengthen financial crime intelligence offering
The deal will also see VC firm Andreessen Horowitz become a shareholder in ComplyAdvantage.
Cartoon: Spring fever
The market appears to be investing in anything that moves with the letters “AI” in it.
Temenos: empowering banks through core modernisation
William Moroney, Temenos: “Banks need business agility at a whole new level to keep up with market trends.”
ICYMI fintech funding round-up: Toku, Tabs, Kamina, Lemon and more
A handy round-up of the recent funding endeavours of fintech companies across the globe.
Wells Fargo to integrate AI into trade finance operations with TradeSun
The San Francisco-based bank will utilise the fintech’s TradeSun Intelligence V4 solution.
Ramp secures $150m in Series D-2 funding round at $7.65bn valuation
The round adds to the $300m Ramp raised in its Series D round in August 2023 at a valuation of $5.8bn.
FinTech Founders Video: how to forge successful fintech partnerships
Three fintech founders discuss the best ways to assess a potential partner in financial services.
Myanmar’s KBZ Bank taps FinbotsAI for credit risk management solution
KBZ Bank is to deploy FinbotsAI’s credit modelling solution, CreditX.
Innovate Finance flies the flag for the UK’s fintech sector in return of global summit
IFGS 2024 is taking place in London this week, with fintech regulation and innovation high on the agenda.
ICYMI fintech funding round-up: Mimo, TransferGo, Smartpay, Adro and more
A handy round-up of the recent funding endeavours of fintech companies across the globe.
FloQast lands $100m Series E funding at $1.6bn valuation
FloQast claims its flagship offering, the Accounting Operations platform, serves over 2,600 accounting teams worldwide.
Mastercard to realign organisational structure with three new divisions
Mastercard’s three new units are Core Payments, Commercial and New Payment Flows, and Services.
Video: Symend at Fintech Meetup 2024 – Putting an end to “zombie engagement”
Symend’s Hanif Joshaghani discusses how firms can enhance their digital communication with customers.
Google Cloud to develop quantitative research and genAI capabilities for three new industry takers
The deals were revealed during the Google Cloud Next event in Las Vegas this week.
Empower Finance strikes deal to buy Petal with Cashalo acquisition completed
The deal for Petal is expected to close later this quarter for an undisclosed sum.
US start-up Parafin lands $125m warehouse facility from SVB and Trinity Capital
Parafin previously raised $60 million in a Series B funding round led by Singapore’s GIC in 2022.
Opus CEO Praveen TM on driving AI transformation in banking and payments
Praveen TM, CEO of Opus Technologies: “Innovation is the only way to survive in this competitive market.”
French fintech Linedata acquires AI software developer DreamQuark
Linedata says the purchase will extend its reach to the “critical sectors” of asset management, insurance and credit.
ICYMI fintech funding round-up: Zeepay, Coadjute, Hello Alice, CertifID and more
A handy round-up of the recent funding endeavours of fintech companies across the globe.
First Abu Dhabi Bank partners Microsoft to develop new AI-powered banking capabilities
Banking-as-a-Service and Risk-as-a-Service have been cited as two “potential areas of collaboration”.
Banking Technology Magazine April 2024 issue out now
Core story: GOLD GETTERS – The Olympics and fintech make the perfect team.
Australian banking software vendor Constantinople bags $33m in Series A round
The new cash injection adds to the $20 million Constantinople previously raised via its May 2022 seed round.
Human connection in the age of AI
Even in the age of an AI arms race, we can still reclaim what is uniquely human: our empathy.
US wealthtech NewRetirement lands $20m in Series A funding
NewRetirement says it will use the funds to scale its enterprise financial planning product.
Missouri’s Central Bank taps Personetics for AI-powered money management solution
The bank is looking to expand its digital financial wellness offerings for its retail customers.
Denmark’s Danske Bank enters multi-year cloud partnership with AWS
Danske Bank will migrate selected legacy applications, data, and infrastructure to the AWS cloud.
US investment management platform FundGuard bags $100m Series C funding
Founded in 2018, this latest capital injection takes its total funding to $155 million to date.
ICYMI fintech funding round-up: Marco, Zone, Copilot, Flowpay and more
A handy round-up of the recent funding endeavours of fintech companies across the globe.
FinTech Futures: Top five news stories of the week – 22 March 2024
Our pick of the top fintech news stories this week includes Nuvei, Silverbird, nCino and more.
Video: Quinte at Fintech Meetup 2024 – Hyperautomation in banking
At Fintech Meetup, we spoke with Quinte Financial Technologies about the benefits of hyperautomation for banks.
BNY Mellon deploys AI supercomputer from Nvidia
BNY Mellon has deployed Nvidia’s supercomputer, DGX SuperPOD with DGX H100 systems.
Video: FinovateEurope 2024 – What’s hot and what’s not in fintech
We ask three industry professionals what’s hot and what’s not in the fintech sector this year.
