ICYMI fintech funding round-up: Statement, iink, Finzly and more
A handy round-up of the recent funding endeavours of fintech companies across the globe.
Data & Analytics
Bud Financial bolsters leadership team with two new senior hires
Rachel Fairhurst joins as VP of credit risk and client success and Jakub Piotrowski as VP of product.
ID verification specialist Prove Identity bags $40m to fuel global expansion
The company currently counts more than 1,000 businesses as clients, including nine of the top ten banks in the USA.
Video: ComplyAdvantage at Sibos 2023 – Financial crime risk management
We chat with Andrew Davies of ComplyAdvantage about what’s shaping the financial crime landscape in banking.
Nova Credit raises $45m in Series C round to expand product suite
The round was led by Canapi Ventures and builds upon the company’s $50m Series B from 2020.
Storytelling through numbers: how compelling narratives drive ESG investment choices
The challenge lies not only in presenting ESG data, but doing so in a manner that resonates, educates, and inspires.
What the FinTech? | S.4 Episode 17 | Open banking innovation
In this episode of the podcast, we’re joined by Arthur Ribakovs, Director of Financial Partnerships at Ecommpay.
AI-powered decisioning is crucial to maximise customer lifetime value
The right decisioning platform that is all-encompassing is key to long-term success, growth, and profitability.
Can banks connect the dots in their pursuit of sustainability?
As ESG transitions towards a matter of law and compliance, a lack of focus could have very serious consequences.
Video: Genpact at FinovateFall 2023 – Generative AI across the banking value chain
We chat with Anu Sachdeva of Genpact about the key use cases and benefits of generative AI in banking.
FinTech Futures: Top five stories of the week – 13 October 2023
Here’s our pick of five of the top news stories from the world of finance and tech this week.
Republic Bank of Arizona taps Biz2X for business lending platform
The bank wants to “make it easy for Arizona businesses to get the capital they require for growth”.
Video: Genesys at FinovateFall 2023 – Modernising the customer experience in banking
At FinovateFall 2023, we spoke with David Porter of Genesys about how banks can enhance their customer experience.
Al Etihad Payments partners India’s NPCI to develop UAE’s first domestic card scheme
Al Etihad Payments is a wholly-owned subsidiary of the Central Bank of the UAE.
Video: DTCC at Sibos 2023 – Cybersecurity and the evolving threat landscape
We speak with Jason Harrell of DTCC about the emerging cyber threats financial institutions should be prepared for.
Paytech Medius taps acquired Expensya talent for two new senior appointments
Medius announced its acquisition of the expense management software company Expensya back in June.
Banking Tech Awards USA 2024 nominations are now open!
Nominations for the Banking Tech Awards USA 2024 are open until 9 February.
SaaS fintech Earnix appoints Be’eri Mart as chief product officer
Mart initially joined the fintech in August 2020, just before it landed its unicorn status.
ICYMI fintech funding round-up: Mantle, SaaScada, Rainforest and more
Our weekly fintech round-up for you to get the latest funding news from around the world.
Can core modernisation give your bank new legs?
For banks, core replacement is not the only game in town, with core modernisation being a far less risky option.
Video: BNY Mellon at Sibos 2023 – The growth of embedded finance
At Sibos 2023, we sat down with Joon Kim of BNY Mellon to discuss the key areas of development in embedded finance.
Video: Anaconda at FinovateFall 2023 – Python in Excel
We chat with Albert Gashi and Timothy Hewitt of Anaconda about the firm’s partnership with Microsoft.
Digital transformations: give yourself permission to start again
If your digital transformation is failing, sometimes you just have to hit the reset button.
AI: Will it help or hinder compliance?
AI can’t replicate human nuance nor can it fully comprehend the human motivations for committing fraud.
Webinar | 5 October 2023: Four must-haves for data governance in financial services
Join our webinar on Thursday 5 October where we’ll uncover the essential elements for effective data governance.
GenAI: friend or foe in fraud risk management?
While tech advancements are made with the best intentions to improve our lives, criminals can also use it to their own benefit.
AlphaSense lands $150m Series E funding at $2.5bn valuation
The latest fundraise comes months after AlphaSense secured $100m in Series D funding led by Alphabet’s CapitalG.
DigitalAPICraft signs as Google Cloud vendor and appoints Marco Tedone as CTO
Marco Tedone, the firm’s new CTO, spent almost 12 years leading API strategy for HSBC.
UK fintech Traydstream lands $21m in Series B funding round
With the new funding, Traydstream plans to double down on its growth and enhance its AI-led platform.
PortX raises $16.5m in Series B funding round
The investment follows one year after PortX raised $10 million in its Series A funding round.
US Treasury Department enlists JP Morgan for account validation services
The department claims to have suffered $247 billion in financial losses last year due to “improper payments”.
Atom Bank taps climate tech firm Kamma to evaluate mortgage book emissions
Kamma’s tech will provide a “deep review” of the climate impact of Atom’s mortgage and lending activities.
GoTyme Bank taps Nice Actimize to fight financial crime
The bank aims to leverage Nice Actimize’s AI and analytics solutions in order to prevent financial crime and fraud.
PayTech Awards USA 2023 winners announced
Celebrating exceptional achievements and talent in the US payments industry.
Standard Chartered strikes corporate multibank connectivity through Starfish Digital partnership
The bank’s new service seeks to benefit its corporate clients’ inter-bank connectivity and cash management processes.
Bright Money lands $62m debt and equity funding
The round consists of $50 million in debt funding and $12 million in equity.
Report: Business resilience and continuity in financial services
How to establish a rapid and robust response to risks with access to the right tools.
Fairer Finance appoints Tim Hogg as director to strengthen Consumer Duty expertise
Hogg describes Consumer Duty compliance as “a comprehensive, multifaceted obligation that demands a nuanced approach”.
Why fintechs can’t afford to swipe left on ESG
Fintech companies are uniquely positioned to lead the way in integrating ESG.
Fujitsu launches joint trials with Hokuhoku Financial Group to explore generative AI use cases
The trials are being held with two subsidiaries of Hokuhoku Financial Group – Hokuriku Bank and Hokkaido Bank.
