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Dezerv Raises ₹350 Crore in Series C Funding

Dezerv, a technology-driven wealth management platform, today announced ₹350 crore in Series C funding, bringing its total capital raised to over ₹850 crore. The all-primary round was backed entirely by Dezerv’s existing marquee investors — co-led by Premji Invest and Accel’s Global Growth Fund, with continued participation from Elevation Capital and Z47-underscoring their deep conviction in the company’s long-term vision.

Friday, October 17, 2025 - 13:32
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Financial IT
Aboon Raises $17.5M to Launch AI-Powered 401(k) Platform for Financial Advisors

Aboon, an AI-powered platform that transforms how financial advisors help their business owner clients launch and manage 401(k) plans, today announced $17.5 million in seed funding.

Friday, October 17, 2025 - 13:28
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Financial IT
Parlay Finance and First Internet Bank Join Forces to Modernize SBA Lending

Parlay Finance announced today a partnership with First Internet Bank to deploy its AI-native Loan Intelligence System (LIS). The move allows the bank's Small Business Administration (SBA) lending operations team to eliminate manual tasks and gain deeper insights for loan decisioning.

Friday, October 17, 2025 - 13:10
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Financial IT
Chubb Appoints Brian Church to Lead International Property and Casualty Division

Chubb today announced that Brian Church has been appointed Division President, Property and Casualty, for Chubb Overseas General Insurance (COG), the company's international general insurance operations, effective immediately.

Friday, October 17, 2025 - 13:07
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/news/people-moves/chubb-appoints-brian-church-lead-international-property-and-casualty-division
Financial IT
Creditstar Group Signs $10 Million Funding Limit Agreement with Kilde to Drive European Expansion

Creditstar Group has announced the signing of a $10 million (approximately €9.3 million) funding limit agreement with Kilde, a private credit investment platform headquartered in Singapore.

This partnership represents another significant milestone in Creditstar’s mission to help customers “Live Your Best Financial Life.”

Friday, October 17, 2025 - 11:57
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/news/fundraising-news/creditstar-group-signs-10-million-funding-limit-agreement-kilde-drive-european
Financial IT
Dollarize Selects Flagright to Power Real-Time Transaction Monitoring and Risk-Based AML

Flagright, the AI‑native, no‑code platform for transaction monitoring and AML compliance, is pleased to welcome Dollarize as a client. Dollarize will use Flagright’s real‑time transaction monitoring, dynamic risk scoring, and case management to strengthen financial crime controls as the company scales.

Friday, October 17, 2025 - 11:47
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/news/aml-and-kyc/dollarize-selects-flagright-power-real-time-transaction-monitoring-and-risk-based
Financial IT
Fraud Concerns Escalate Sharply Across UK Financial Sector, with 2 in 3 Firms More Worried Than 18 Months Ago

Concerns over fraud have escalated sharply across the UK financial sector, with 68% of firms saying they are more worried about it today than 18 months ago, according to a new report from Dun & Bradstreet¹. 82% of UK financial services organisations say they are “concerned” about fraud risk, and among those concerned, 72% have increased investment in fraud mitigation over the past 18 months.  

Friday, October 17, 2025 - 10:53
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Financial IT
UBS Appoints Chief AI Officer to Drive Its AI Strategy

UBS today announced the appointment of Daniele Magazzeni as Chief Artificial Intelligence Officer to further advance the firm’s AI strategy, boost innovation and increase adoption of new technologies.

Friday, October 17, 2025 - 10:43
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/news/people-moves/ubs-appoints-chief-ai-officer-drive-its-ai-strategy
Financial IT
Affirm and Fanatics Partner to Offer Transparent, Flexible Payment Options to Millions of Sports Fans

Affirm, the payment network that empowers consumers and helps merchants drive growth, has announced a partnership with digital sports platform, Fanatics. As the sports calendar heats up and fans get ready for holiday shopping, they can now choose Affirm’s flexible payment options at checkout. The partnership will soon expand to more than 180 additional team and league stores across the Fanatics network, including select partner shops in the UK and Canada.

Friday, October 17, 2025 - 10:03
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/news/payments/affirm-and-fanatics-partner-offer-transparent-flexible-payment-options-millions-sports
Financial IT
NCR Atleos Unveils New White Paper on Utility ATM Networks

NCR Atleos Corporation, a leader in expanding self-service financial access for financial institutions, retailers and consumers, today announced the release of a new thought leadership paper, “Cash in the Digital Age: How Utility ATM Networks Sustain Financial Access Worldwide.” The white paper explores the critical role utility ATM networks play in maintaining cash access and financial inclusion across diverse global markets.

Friday, October 17, 2025 - 09:58
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Financial IT

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