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Investors Back Irys Insurtech with $12.5 Million to Reinvent Insurance Software

Irys, the company rebuilding insurance infrastructure from the ground up, today announced a $12.5 million seed round led by Markd, with participation from Deepwork Capital, Florida Opportunity Fund, Ansay & Associates, HICO Ventures, and JMG Capital.

Monday, October 13, 2025 - 17:36
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/news/insurtech/investors-back-irys-insurtech-125-million-reinvent-insurance-software
Financial IT
Mastercard Payment Optimization Platform Uses the Power of Data to Drive More Approvals

Mastercard today unveiled a new service, the Payment Optimization Platform (POP), which is designed to improve approval rates for merchants using data to make intelligent decisions about transactions. Early pilot results show a 9% to 15% increase in conversions.

Mastercard has developed POP—a network-based service leveraging Mastercard data to enrich authorization messages and boost merchant approval rates—with cutting-edge AI capabilities to be integrated shortly after pilot.

Monday, October 13, 2025 - 17:32
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/news/payments/mastercard-payment-optimization-platform-uses-power-data-drive-more-approvals
Financial IT
TerraPay at Sibos 2025: Swift-to-Wallet Interoperability & Real-Time Inclusion
Monday, October 13, 2025 - 16:26
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/content/terrapay-sibos-2025-swift-wallet-interoperability-real-time-inclusion
Financial IT
Diebold Nixdorf Names Myers as Chief Revenue Officer, Radigan as Chief Administrative Officer

Diebold Nixdorf, a global leader in transforming the way people bank and shop, today announced it is appointing two current members of its executive leadership team to new roles to further accelerate growth, innovation and efficiency in the company's sales and administrative functions worldwide.

Monday, October 13, 2025 - 13:05
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/news/people-moves/diebold-nixdorf-names-myers-chief-revenue-officer-radigan-chief-administrative
Financial IT
Toqio and Deloitte Spain Announce Strategic Partnership to Accelerate Embedded Finance Adoption

In a market where the demand for integrated financial services is growing rapidly, Deloitte Spain and Toqio have established a strategic alliance to help large companies boost embedded finance.

Monday, October 13, 2025 - 12:40
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/news/infrastructure/toqio-and-deloitte-spain-announce-strategic-partnership-accelerate-embedded
Financial IT
XS.com Continues Strategic Expansion and Secures Prestigious UAE’s SCA License

XS.com, the global multi-asset fintech and financial services provider, is proud to announce it has secured a highly sought-after regulatory license from the Securities & Commodities Authority (SCA) of the United Arab Emirates (UAE). This achievement marks a landmark moment in the group’s global growth journey and significantly strengthens its presence in UAE – the leading global financial hub.

Monday, October 13, 2025 - 11:46
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/news/infrastructure/xscom-continues-strategic-expansion-and-secures-prestigious-uaes-sca-license
Financial IT
Resistant AI Raises $25 Million in Series B Funding to Empower AI Agents to Fight Fraud and Fincrime

Resistant AI, the leading provider of a native artificial intelligence models for financial crime and fraud prevention, today announced a $25 million Series B funding round. The round was led by DTCP, with strong participation from existing investors including Experian, GV, and Notion Capital who are doubling down on their investment.

Monday, October 13, 2025 - 11:44
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/news/fundraising-news/resistant-ai-raises-25-million-series-b-funding-empower-ai-agents-fight-fraud
Financial IT
Tabby Invests in NVIDIA HGX Systems to Power Advanced AI Infrastructure

Tabby, the financial services app, today announced it is deploying NVIDIA HGX systems to begin developing and testing its AI capabilities to better serve a growing base of customers and merchants. The investment establishes local AI factory infrastructure that supports innovation while ensuring data is managed responsibly on local soil.

By hosting its AI infrastructure locally, Tabby will accelerate the development of AI applications across millions of daily interactions:

Monday, October 13, 2025 - 11:12
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/news/investment/tabby-invests-nvidia-hgx-systems-power-advanced-ai-infrastructure
Financial IT
Half of UK Gen Alpha Teens Already Hold £1,000+ in Savings

As the UK’s youngest consumer group approaches 16 in 2026 - new research from leading consumer insights platform Attest, finds Gen Alpha teens are already displaying advanced financial habits. Dubbed by Attest as the “Autonomous Generation” for their independence, digital fluency and self-directed choices, the UK’s youngest consumers are managing significant savings. 

Monday, October 13, 2025 - 11:08
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/news/personal-finance/half-uk-gen-alpha-teens-already-hold-ps1000-savings
Financial IT
Keyrails Chooses Flagright to Power Real-Time Transaction Monitoring and AML Screening

Flagright, the AI‑native, no‑code platform for transaction monitoring and AML compliance, is pleased to welcome Keyrails as a client. Keyrails will use Flagright for real‑time transaction monitoring, watchlist screening of banks,senders and beneficiaries, risk scoring, case management, and AI forensics as it expands fiat capabilities alongside its stablecoin‑powered rails.

Monday, October 13, 2025 - 10:53
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/news/aml-and-kyc/keyrails-chooses-flagright-power-real-time-transaction-monitoring-and-aml-screening
Financial IT

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