LexisNexis® Risk Solutions announced that it ranks 11^th in the 2022 Chartis Research RiskTech100®, rising six spots since last year in the most comprehensive independent study of the world’s major players in risk and compliance technology. LexisNexis Risk Solutions has also been selected by Chartis Research as the category winner for Financial Crime - Data for the fourth consecutive year.

 Alternative Investment Exchange (AIX), an alternative investment technology firm that makes it easier for wealth managers and fund sponsors to do business in alternatives, announced the development of a direct data connection with 

London-based FinTech Plum on Friday (Oct. 15) announced the close of a 12 million euro ($13.9 million) Series A funding round, part of an anticipated 20.7 million euro ($24 million) effort that will be used to expand the company and increase interest in its money management app. 

• BCR also provides progress updates on Public Commitments from Pool A, B, C and D Capability and Innovation Fund recipients

BCR Annual Report

Blockchain technology is transforming nearly every industry, whether it be banking,  government, fashion or logistics. The benefits of using blockchain are substantial - businesses can lower transaction costs, free up capital, speed up processes, and enhance security and trust. So it’s no surprise that more and more companies and developers are interested in working with the technology and leveraging its potential than ever before.

Scienaptic announced today a collaboration with the Dakota Credit Union Association (DakCU) enabling the company to offer its AI-based credit underwriting technology to credit unions throughout North and South Dakota.

Two in five Brits are confused about credit scores, 62% are anxious about interest or fees and nearly half are concerned about how credit card debt or credit checks will impact their future

Today, we announce that multinational group Prytek Holdings Pte. Ltd. (“Prytek” or the “Group”) has secured a $107 million committed investment from certain affiliates of Davidson Kempner Capital Management LP (“Davidson Kempner”), as it continues its rapid growth trajectory.  A representative of Davidson Kempner will join Prytek’s Board of Directors and Investment Committee.

The 1741 Group have reaffirmed their longstanding partnership with NeoXam, a leading financial software provider, by becoming one of the first customers to move across to the latest software generation of NeoXam’s fund accounting software GP4.

According to Yolt, one in ten UK adults anticipate having to borrow money to cover essential costs and 17% of people - a staggering 8.7m - are financially stretched.