U.S. Bancorp Comments On Dodd‑Frank Act Stress Test Results
- 1 year 2 weeks ago
- Banking
U.S. Bancorp commented on the results of the Federal Reserve’s Dodd-Frank Act Stress Test (DFAST) conducted in accordance with the Dodd-Frank Wall Street Reform and Consumer Protection Act.
Lendbuzz Completes $266 Million Asset‑Backed Securitization
- 1 year 2 weeks ago
- Fundraising News
Lendbuzz, an AI-based fintech company that helps consumers obtain better access to credit when purchasing a vehicle, announced today that it has closed a $266 million securitization (“LBZZ 2025-2”) collateralized by a pool of auto loans made to obligors and secured by new and used automobiles, light duty trucks, and vans.
AFS And Mawarid Finance Launch UAE Fintech Enablement Hub
- 1 year 2 weeks ago
- Infrastructure
In a pioneering move set to reshape fintech innovation in the UAE, Mawarid Finance and Arab Financial Services (AFS) today signed a strategic agreement to launch an integrated Fintech Enablement Hub, a unified platform designed to empower fintechs with seamless access to regulated infrastructure and next-generation digital capabilities.
Jaja Finance Becomes The First Credit Card Provider To Partner With Plain Numbers
- 1 year 2 weeks ago
- Credit Cards
Jaja Finance, the digital lender, has become the UK’s first credit card provider to partner with Plain Numbers, to help its customers better understand their credit card bills and make informed spending decisions at a time when they need it most. It is estimated that just under half of working-age adults in the UK have numeracy skills at or below the level expected of an 11-year-old, with about 20 million people in Britain having poor numeracy...
Remark Raises $16M Series A To Humanize AI In Online Shopping
- 1 year 2 weeks ago
- Fundraising News
Remark, the company building human-trained AI product experts for commerce, today announced a $16 million Series A funding round. The round was led by Inspired Capital, with participation from Stripe, Neo, Spero Ventures, Shine Capital, and Visible Ventures, bringing the company’s total funding to $27 million.
Santander To Acquire TSB From Sabadell For £2.65 Billion
- 1 year 2 weeks ago
- Banking
Santander announces that it has reached an agreement to acquire 100% of TSB Banking Group plc (TSB) from Banco de Sabadell, S.A. (Sabadell), with a valuation of £2.65 billion (approximately €3.1 billion) in an all-cash transaction. Strengthened customer proposition
B2B Payments: monday.com Boosts High Order Value in Brazil With Cash And Installment Payments Through EBANX
- 1 year 2 weeks ago
- Payments
EBANX, a global technology company specializing in payment services for emerging markets, shared new data on how monday.com, the global software company that transforms how businesses run, is optimizing payments for its customers in Brazil with EBANX’s payment solutions. Supported by a payment strategy focused on local solutions, monday.com elevated the average ticket in the country to above the USD 9,000 mark.
Ripple And OpenPayd Partner To Deliver Enterprise Ready Stablecoin And Payment Infrastructure
- 1 year 2 weeks ago
- Cryptocurrencies
OpenPayd, a leading provider of financial infrastructure, has announced a strategic partnership with Ripple, the leading provider of digital asset infrastructure for financial institutions, bringing together two infrastructure leaders with deep expertise across blockchain and traditional finance to deliver compliant, efficient and scalable payment solutions for enterprise clients.
Ecobank Group And Google Cloud Announce Partnership To Accelerate Financial Inclusion And Innovation Across Africa
- 1 year 2 weeks ago
- Cloud
Ecobank, a leading pan-African financial services group, and Google Cloud today announced a groundbreaking collaboration aimed at transforming financial services with advanced analytics and AI and driving digital empowerment across Africa. Through this collaboration, Ecobank plans to leverage Google Cloud's cutting-edge technology to deliver innovative payment and remittance solutions that are frictionless, secure, and universally accessible,...
A Borderless Account: Ivy Partners With Circle To Offer Stablecoin Access To Their Customers
- 1 year 2 weeks ago
- Cryptocurrencies
Ivy, the default global, default instant payments platform, has entered into a strategic partnership with Circle, a leading financial technology firm and issuer of USDC and EURC. This integration enables Ivy's customers to access, convert, and transact with stablecoins in real-time, 24/7/365.
Napier AI Appoints Kenneth Paqvalén As Chief Financial Officer
- 1 year 2 weeks ago
- Infrastructure
Napier AI, the financial crime compliance RegTech, has appointed Kenneth Paqvalén as Chief Financial Officer to scale its global AI-powered AML solutions as the company expands its business to serve an increasingly international customer base.
Mastercard Steps Up Fraud Prevention Efforts With Launch Of Account Intelligence Reissuance Service In EEMEA
- 1 year 2 weeks ago
- Fraud Detection
Mastercard has introduced Account Intelligence Reissuance, an advanced fraud prevention service to efficiently manage the card reissuance process, in the Eastern Europe, Middle East and Africa (EEMEA) region. The product leverages Mastercard’s proprietary Artificial Intelligence (AI) technology and network purview to assess the level of risk associated with a card and provide AI-driven actionable recommendations about which cards need to be...
Total Economic Impact Study Finds Sumsub’s AML Transaction Monitoring Delivered A 272% ROI
- 1 year 2 weeks ago
- AML and KYC
Sumsub, a global full-cycle verification platform, today announced the release of its commissioned Total Economic Impact™ (TEI) study conducted by Forrester Consulting. The study aims to examine the potential return on investment (ROI) enterprises may realize by deploying Sumsub's Anti-Money Laundering (AML) Transaction Monitoring.
Hokkoku Financial Holdings And Soft Space To Launch The World’s First SoftPOS Solution Supporting Stablecoin Payments
- 1 year 2 weeks ago
- Payments
Hokkoku Financial Holdings (Hokkoku FHD) and Soft Space are proud to announce the upcoming launch of a next-generation SoftPOS solution that enables merchants to accept both contactless card payments and, for the first time, regulated stablecoin payments — using only a smartphone or tablet.
Lloyds Banking Group Partners With UnlikelyAI To Test Groundbreaking AI Technology
- 1 year 2 weeks ago
- Banking
Lloyds Banking Group is testing UnlikelyAI’s platform within its innovation sandbox, exploring how the technology could be used to supercharge customer experience in the future. Lloyds Banking Group has announced it is partnering with UnlikelyAI to explore how cutting-edge artificial intelligence can support innovation and enhance customer experience.
