Appian Connected Servicing provides complete visibility into servicing clients, allowing both internal constituents and their clients to view, identify, request and monitor the state of request. This solution addresses account management challenges and more, orchestrating and automating tasks throughout the request lifecycle, integrating systems and data, and providing a complete view of account history and changes. 

Connected KYC is a pre-built solution to automate Know Your Customer (KYC) investigations, improve accuracy, and minimize regulatory risk. Connected KYC creates a unified visible experience and provides continuous monitoring, frictionless servicing, and clear task management in reducing risk of regulatory fines through a robust rules engine, task management, flexible risk assessment, and automated data integrations.

Connected Onboarding unifies people, processes and data to reduce the risk of onboarding, accelerate the time to revenue, improve the user experience and empower business users with complete control of the onboarding journey. The solution provides complete visibility, automation and management of a guided onboarding experience, allowing both internal stakeholders of the financial services organization and its clients to understand the state of onboarding and outstanding tasks.

Numerix, a global leader in capital markets risk management technology, is pleased to announce the acquisition of PolyPaths, a renowned provider of analytics and risk management solutions for financial institutions.

Payoneer, the financial technology company empowering the world’s small and medium-sized businesses (SMBs) to transact, do business, and grow globally, today announced the asset acquisition of Israel-based 

Credit card and financial technology company Petal announced today that it has closed a committed $200 million debt facility from Victory Park Capital (“VPC”), a global alternative investment firm specializing in private credit.

Knot, the platform that enables card issuers to automatically switch saved payment methods at the request of their users, announced today a $10 million Series A raise led by Nava Ventures, with participation from Amex Ventures, Plaid, and 20+ world-leading CEOs and founders. The funding will be used to scale Knot’s services and accelerate the expansion of its merchant support.

Pockit has raised $10 million in a growth round from some new partners, Puma Private Equity, and The North East Development Capital Fund, managed by Maven Capital Partners and supported by the European Regional Development Fund.

Functional Finance, a software platform that integrates and automates data and reporting functions for insurance companies, announced today that it has secured $8 million in seed capital, plus $2 million in SAFE notes for future equity investments, which will go towards product development and client relationships. The fundraising round was led by venture capital and growth equity firms New Enterprise Associates, Inc.

iDenfy, a global identity verification, fraud prevention, and compliance tool platform, announced joining forces with Payout, a Slovakia-based financial company, providing innovative automated payment workflow solutions.