Novobanco taps Feedzai for fraud protection and enhanced CX
Novobanco will deploy Feedzai’s Digital Trust (DT) and Transaction Fraud for Banking (TFB) solutions.
Risk Management
PE firm Flexpoint Ford acquires loan origination fintech Baker Hill
The transaction is expected to close soon following customary regulatory approvals.
Google Cloud launches AI-powered AML offering for financial institutions
Google Cloud claims its AML AI solution helps increase risk detection and lower operational cost.
Okoora launches integrated payments, banking and risk management platform
To facilitate its expansion, the start-up has submitted licence applications in multiple European countries.
CFIT appoints Stephen Ingledew and Alex Marsh as independent non-executive directors
Stephen Ingledew is chairman of FinTech Scotland and Alex Marsh is the former head of Klarna UK.
Video: Loqate at FinovateSpring 2023 – Powering global address verification
Loqate’s Justin Duling discusses how the firm’s address verification solution helps customers boost conversion rates.
Mediobanca’s Compass acquires HeidiPay Switzerland
The acquisition will enable Compass to become a consumer credit operator in the Swiss market.
US risk intelligence firm Blackbird.AI lands $20m Series B
Blackbird.AI helps organisations detect and respond to threats that can cause reputational and financial harm.
Webinar: Unlocking efficiency – cloud-native observability for financial services
Join FinTech Futures and Chronosphere on 19 July for am informative discussion on cloud native observability.
Nasdaq to acquire software firm Adenza for $10.5bn
The transaction, subject to regulatory approvals, is expected to close within six to nine months.
FinTech Futures Jobs: Why early-career workers no longer see tech giants as a safe bet
Explore thousands of open roles on the FinTech Futures Job Board today.
Regtech start-up Consilient names Jeremy Kedziora director of data science
Consilient, a US-based regtech, aims “to transform how the industry prevents financial crime”.
Bank and payment data fintech Ribbit acquires regtech ValidiFI
Ribbit CEO Greg Rable says bringing together the two companies is a “win-win” for both customers and Ribbit.
FinTech Futures Jobs: Three ways generative AI is being used in financial services
Explore thousands of open roles on the FinTech Futures Job Board today.
Swiss fintech Teylor lands €275m debt funding
With the funding, Teylor plans to facilitate its growth and enable it to meet the financing needs of SMEs.
Cambodia’s Sathapana Bank taps Finbots.ai for enhanced credit risk management
CreditX will enable Sathapana Bank to build “high quality” credit risk scorecards and accelerate client onboarding.
Akuvo inks partnerships with seven credit unions in the US
Together, these credit unions serve 747,388 members and represent $20 billion in assets.
ICYMI fintech funding round-up: Ballerine, Trébol & more
A handy round-up of the recent funding endeavours of fintech companies across the globe.
Payment orchestration platform Paydock raises £25m Series A
Paydock claims its platform “substantially” reduces costs, risks and efforts in a merchant’s payment experience.
Swedish paytech Trustly strengthens risk management with new hires
Anna Bjurefeldt joins Trustly as head of internal audit and Mia Bjurkell as director of risk and compliance.
Intapp acquires employee compliance software firm Paragon Data Labs
Intapp says the acquisition will augment its risk management and compliance offering.
NewDay partners ClearScore’s D One for open banking credit assessments
D One’s approach opens credit to those with limited credit histories and supports responsible lending.
Bank of Valletta taps Resistant AI for fraud prevention solution
The bank will adopt Resistant AI’s Transaction Forensics solution to help detect suspicious transactions.
Swissquote taps NetGuardians for fraud prevention tech
The bank will utilise NetGuardians’ financial crime solutions to tackle growing issues such as APP fraud.
Axoni raises $20m in equity funding round led by EJF Ventures
The funding will be used to advance Axoni’s technology and support its global expansion plans.
UK regtech Facctum appoints two senior executives
Onkar Inamdar joins as head of engineering and Syam Chintapenta as chief development officer.
Jack Henry signs three new US clients for its core banking tech
Michigan’s First Community Bank, Florida’s Sunrise Bank, and Arkansas’ Today’s Bank have selected Jack Henry’s tech.
EU crypto “travel” regulations pass European Parliament vote
MiCA will ensure crypto transfers can be traced and suspicious transactions blocked.
Leek Building Society taps Jade ThirdEye to enhance AML and CTF controls
Leek Building Society will use Jade ThirdEye’s Customer Screening and Transaction Monitoring SaaS solution.
Former CIO of TSB Bank fined £81k by PRA over 2018 IT disruption
The PRA says Carlos Abarca breached its senior manager conduct rules.
FinTech Futures Jobs: Five of the best fintech career paths, and what you can earn
Explore thousands of open roles on the FinTech Futures Job Board today.
Very Good Security names former Visa exec Chuck Yu as CEO
At Visa, Yu led teams across the business, including business development, sales, finance, and operations.
Webinar: How to power risk decisions faster than the competition
Hear from Allica Bank and tbi bank on mitigate risk, grow revenue, and improve the banking experience.
Chargeback Gurus appoints board member Tim Tynan as new CEO
Tynan has served on the firm’s board since August 2021 and has previously held roles at BofA and Citigroup.
BNP Paribas deploys Worldline solution to tackle SEPA direct debit fraud
BNP Paribas Cash Management will deploy Worldline’s Account Validation solution.
Quantexa raises $129m Series E funding at $1.8bn valuation
The company will use the new capital to expand its global presence and hire more engineering staff.
Compliance regtech Fourthline secures €50m in fresh funding
Finch Capital increased its stake in the company after having led Fourthline’s previous funding round.
US fintech funding round-up: StellarFi, Stratyfy, Beam and more
A handy round-up of the recent funding endeavours of fintech companies across the US.
Fraud and risk detection start-up Oscilar launches from stealth
The start-up has been self-funded by its co-founders, with $20 million in capital.
Blockchain-based BaaS provider Scallop partners tell.money for open banking compliance
Scallop will utilise tell.money’s gateway service to ensure PSD2 open banking compliance.
