Finastra today announced that Cache Valley Bank, a community bank with $2.9 billion in assets serving Utah and Southern Idaho, has expanded its collaboration with the financial software provider, gaining increased flexibility and agility through its cloud-based solutions.

Lendscape, the market-leading provider of commercial finance technology, today announced the launch of Lendscape CONNECT, a revolutionary solution designed to widen access to invoice finance by removing the traditional barriers involved for lenders and their clients.

During the days of Seamless 2024 exhibition in Dubai, the fintech application barq and TerraPay, a global money movement company signed a strategic partnership. This collaboration aims to provide fast and secure international money transfer services.

Today, Evervault, the pioneering data security company, launched into the payments space with an independent payments security platform. The modular platform gives fintechs, banks, and merchants total control over their payment stack, without sacrificing compliance or security. This enhanced flexibility empowers companies to accelerate their business growth, geographic expansion, and product development.

A primary concern for financial institutions today is managing market risks while at the same time ensuring the institution’s profitability and regulatory compliance. There is a high level of risk exposure that banks have been imposed to, due to the significant fluctuations In interest rates over the past 12-18 months.

Money20/20, the world’s leading fintech show and the place where money does business, concluded three industry-changing days of fintech conversations, networking and impactful industry nights on April 23rd- 25th at the Queen Sirikit National Convention Center (QSNCC) in Bangkok, Thailand. 

Over 3m people across the UK admit they have been forced to borrow from illegal lenders in the last 12 months, reveals research from responsible lender Creditspring.

A third (31%) of people in the UK say they currently feel stuck and that there is nothing they can do to improve their financial situation** – this has led to almost one in twelve (6%) UK adults to borrow from an illegal lender in the past 12 months.

Cover Genius, the leading insurtech for embedded protection, today announced its $80 million Series E funding round. Despite the tech funding slowdown, the round was led by Spark Capital with support from existing investors, including Dawn Capital, King River Capital and G Squared.