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.
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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.
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
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.
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
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.
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.
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.
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.
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.