Fenergo, the leading provider of AI-powered solutions for Know Your Customer (KYC), Anti-money laundering (AML) transaction monitoring and Client Lifecycle Management (CLM), today announced the appointment of financial crime veteran Michael Shepard to its Growth Advisory Board. Shepard will leverage his extensive expertise to support Fenergo’s continued U.S. expansion, enhance global AML and financial crime compliance strategies and provide strategic guidance to support growth.

Tenity's Climate Fintech Report 2024 highlights Estonia as a global leader in climate fintech, showcasing remarkable growth, innovation, and resilience in a rapidly evolving sector. The report reveals Estonia's standout performance, with the country leading on several key metrics, including climate fintechs per capita and the rate of female founders.

Duck Creek Technologies, the intelligent solutions provider defining the future of property and casualty (P&C) insurance, today announced it has acquired Risk Control Technologies, Inc. (“RCT”), a Toronto-based provider of risk management and loss control solutions. This strategic investment is set to transform how insurance carriers prevent loss and manage risk, enabling deployment of advanced AI and machine learning capabilities at the forefront. 

FinVolution Group, a leading fintech company, officially announced the launch of Daira, its new fintech platform in Pakistan, on October 10. This launch marks a significant milestone in the company's global expansion strategy, with the platform offering localized and secure digital fintech services tailored for the Pakistani market.

America First Credit Union has partnered with technology leader Diebold Nixdorf (NYSE: DBD) to modernize and improve its

Valley Bank announces it has been selected by Datos Insights, a global advisory firm in the Financial Services industry, as the winner of the 2024 Impact Award in Commercial Banking for Operational Efficiency. This is in recognition of Valley’s implementation of a new proof of concept platform, powered by NayaOne, that accelerates the evaluation of new financial products and services in a secure environment.

iDenfy, a Lithuania-based RegTech leader in AI-powered KYC/AML solutions, has partnered with a prominent Czech-based crypto exchange platform, GlolinkOTC. iDenfy will be responsible for ensuring a smooth transition to a fully automated approach to compliance, helping GlolinkOTC build a seamless verification process with extra features like adverse media screening, PEPs and sanctions checks, as well as other compliance-related measures that help assess risks and ensure ongoing due diligence. 

Klarna, the AI-powered global payments network and shopping assistant, has released data on its launch of cashback. In the six weeks since launch:

Alchemy Pay, a leading fiat-to-crypto payment gateway, has announced another new update to its Virtual Card service, now featuring integration with Samsung Pay on one of its virtual cards. Alchemy Pay's Virtual Card holders can now experience fast, secure transactions by linking their cards to Samsung Pay. Whether shopping online or in-store, spending crypto has never been easier.