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Light Raises $30M Series A To Replace Legacy Finance Systems With AI-Native Platform

Light, the AI-native finance platform that processes 280 million records in under a second, today announced $30 million in Series A funding led by Balderton Capital. The investment comes as the company reports 30x growth over the past 12 months, with customers reducing finance operations time by 84% after switching from legacy ERPs.

Monday, September 29, 2025 - 14:26
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/news/fundraising-news/light-raises-30m-series-replace-legacy-finance-systems-ai-native-platform
Financial IT
iDenfy Launches A New AI Generated Report Feature On Its Know Your Business (KYB) Platform

iDenfy, a leading Lithuanian RegTech company specializing in identity verification and fraud prevention solutions, recently announced the launch of its latest AI feature, which is a unique KYB Company Report that automatically summarizes the most important data about the company that’s being verified. A new tool embedded within its innovative compliance dashboard should help analysts quickly assess risks, verify legal company data, and spot potential red flags, simplifying Know Your Business (KYB) compliance challenges.

Monday, September 29, 2025 - 14:01
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/news/digital-identity/idenfy-launches-new-ai-generated-report-feature-its-know-your-business-kyb
Financial IT
Duco Launches Next-Gen AI Automation At SIBOS

As regulatory deadlines accelerate and data volumes explode, Duco is arming financial institutions with smarter, faster and easier ways to automate. Today Duco introduces AI-powered rules that anyone can build, automated ingestion for any file format, and real time assurance for T+1 settlement readiness in the UK/EU.

Agentic Rule Builder

Monday, September 29, 2025 - 13:56
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/news/artificial-intelligence/duco-launches-next-gen-ai-automation-sibos
Financial IT
Coconut Launches Industry First Partnership With Zempler Bank To Support Millions Set To Be Impacted By Government’s MTD Deadline

North West-based Accounting software fintech Coconut has announced a first-of-its-kind integration with digital business bank Zempler to support the millions of sole traders and landlords affected by the upcoming Making Tax Digital for Income Tax (MTD IT) deadline. The joint offering will simplify and streamline tax preparation - completely free of charge. 

Monday, September 29, 2025 - 13:38
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/news/banking/coconut-launches-industry-first-partnership-zempler-bank-support-millions-set-be
Financial IT
Solaris Selects ACI Connetic To Future-Proof Payments Infrastructure

ACI Worldwide, an original innovator in global payments technology, today announced that Solaris SE, Europe’s leading embedded finance platform, has selected ACI Connetic to consolidate all SEPA instant payments onto 

Monday, September 29, 2025 - 13:30
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/news/payments/solaris-selects-aci-connetic-future-proof-payments-infrastructure
Financial IT
Oracle Achieves Swift Compatible Application For Payments 2025

Oracle Financial Services today announced that Oracle Banking Payments has been validated as a Swift Compatible Application. With this achievement, financial institutions can feel confident in leveraging Oracle's solutions to help meet Swift standards for payment security, interoperability, and regulatory compliance, while benefitting from modern, AI-enabled payment messaging processing.

Monday, September 29, 2025 - 13:27
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/news/payments/oracle-achieves-swift-compatible-application-payments-2025
Financial IT
Chubb And Endeavor Forge Global Partnership To Empower Entrepreneurs And Support Emerging Market Economic Growth

Chubb Limited and Endeavor today announced a unique global partnership that supports and advances high-impact entrepreneurs. This partnership underscores Chubb and Endeavor's shared commitment to foster innovation, cultivate the start-up culture and contribute to economic growth in emerging markets globally.

Monday, September 29, 2025 - 13:25
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/news/infrastructure/chubb-and-endeavor-forge-global-partnership-empower-entrepreneurs-and-support
Financial IT
Swift To Add Blockchain-Based Ledger To Its Infrastructure Stack In Groundbreaking Move To Accelerate And Scale Benefits Of Digital Finance Across More Than 200 Countries And Territories Worldwide

Swift today announces that it will add a blockchain-based shared ledger to its technology infrastructure, a pivotal step for global finance that promises to make instant, always-on cross-border transactions possible at unprecedented scale.

Monday, September 29, 2025 - 12:37
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/news/blockchain/swift-add-blockchain-based-ledger-its-infrastructure-stack-groundbreaking-move
Financial IT
CGI Partners With Barclays To Integrate Multi-Bank Trade Finance Platform

CGI, one of the largest independent IT and business consulting services firms in the world, today announced its partnership with Barclays to integrate CGI Trade360, CGI’s global trade finance solution, with Konsole from Komgo, the largest multi-bank trade finance platform.

Monday, September 29, 2025 - 12:33
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/news/banking/cgi-partners-barclays-integrate-multi-bank-trade-finance-platform
Financial IT
Embedded Finance In A Single Sprint: Worldpay Launches Embedded Lending, Banking And Card Issuing For Platforms Partners

Worldpay® has launched the Embedded Finance Engine, a new suite of best-in-class financial service products that its software platform partners can quickly integrate to drive higher retention and revenue growth while streamlining their tech stacks and ecosystems.

Monday, September 29, 2025 - 12:09
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/news/lending/embedded-finance-single-sprint-worldpay-launches-embedded-lending-banking-and-card
Financial IT

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