Sumsub, a global leader in identity verification, today announced the appointment of Kat Cloud as Head of Government Relations. A recognised leader in fintech policy and regulatory affairs, Cloud will spearhead Sumsub’s global government engagement.

Coop is owned by 57 independent cooperatives with a combined membership base of over 2.3 million individuals. Each member is required by law to make a membership deposit when joining a cooperative, and may also make voluntary deposits which earn interest. These accounts are a cornerstone of Coop’s member offering, and the new core banking system will ensure they are managed with security, transparency, and scalability.

With over half a million UK students expected to head1 to university for the first time this Autumn, a Visa study reveals that more than a third (39%) of current UK university students say managing bills is the hardest part of adulting* at university. This ranks higher than other struggles including eating healthy meals (31%), maintaining a clean home (29%) and doing laundry (26%). 

Digests is the first feature powered by Robinhood Cortex, our AI-powered investing assistant. It uses generative AI to quickly review breaking news, analyst reports, technicals and Robinhood's proprietary data to summarise why a particular stock may be moving in plain English.

SyFu, a pioneering project in the DePIN (Decentralised Physical Infrastructure Network) × GameFi space, has partnered with Salt Edge, a leading global open banking platform, to integrate card payment data from more than 5,000 banks in over 50 countries directly into the SyFu app – transforming users’ real-world spending into digital assets.

FNZ, the global wealth management platform, has today announced the global launch of FNZ Advisor AI, a generative AI solution embedded directly into FNZ’s market leading wealth management platform. The solution will help financial advisors enhance productivity, deliver more personalized advice and serve more clients at scale.

The modern advisor’s context

Cashflows, the platform that makes it easy for businesses to accept payments, has achieved a surge in demand for its flexible, pre-approved business funding product, Cashflows Advance. The product has delivered millions in funding to small and medium-sized enterprises (SMEs) in less than 18 months.

Achieve, the leader in digital personal finance, announces the Aug. 14 close of a $266 million, AAA-rated securitization backed by newly originated home equity lines of credit (HELOCs).