All content with RSS

Compass Plus Technologies Unveils FraudAxis: AI-Powered, Real-Time Fraud Management Solution for Financial Institutions

Compass Plus Technologies, a global provider of retail banking and payments software, today announced the launch of FraudAxis, its next-generation fraud management platform designed to help financial institutions detect, prevent, and predict fraud in real time across all payment channels.

Wednesday, September 17, 2025 - 09:39
67235
/news/fraud-detection/compass-plus-technologies-unveils-fraudaxis-ai-powered-real-time-fraud
Financial IT
Tuum Powers Bank CenterCredit’s Digital Transformation, Setting a Blueprint for BaaS and Core Modernization in Global Banking

Tuum, the leading next-generation core banking provider, today announced it has been selected by Bank CenterCredit (BCC), Kazakhstan’s third-largest bank, to power its new Banking as a Service (BaaS) proposition. This landmark partnership establishes a strategic model for incumbent banks globally to innovate at speed, compete with digital challengers, and unlock new revenue streams through embedded finance.

Wednesday, September 17, 2025 - 08:59
67234
/news/banking/tuum-powers-bank-centercredits-digital-transformation-setting-blueprint-baas-and-core
Financial IT
Time-Strapped Small Business Owners Prioritise AI Among Strategies

Time pressures are limiting the ability of small businesses to focus on growth, according to new American Express research, with over two-fifths (43%) of small businesses looking to AI to help tackle this challenge. 

Wednesday, September 17, 2025 - 08:56
67233
/news/infrastructure/time-strapped-small-business-owners-prioritise-ai-among-strategies
Financial IT
WorkFusion Raises $45 Million in Funding to Fuel Growth for Agentic AI for Financial Crime Compliance

WorkFusion, a pioneer in AI agents for financial crime compliance (FCC), today announced it raised $45 million in funding. The round was led by Georgian, a growth-stage B2B investor helping companies scale faster via its AI Lab. The new investment furthers the company’s focus on delivering agentic AI to the burgeoning $155 billion FCC operations industry.

Wednesday, September 17, 2025 - 08:36
67232
/news/fundraising-news/workfusion-raises-45-million-funding-fuel-growth-agentic-ai-financial-crime
Financial IT
Over Half of Brits Lack Retirement Confidence as Cost-of-Living Bites

New research from PensionBee, a leader in the consumer retirement market, reveals that September is a pinch point for household budgets, with rising bills leading many to reconsider their long-term savings.

A nationally representative survey of 1,000 UK adults found that utilities and energy bills (26%) and food (20%) top the list of September money worries, followed by back-to-school costs (16%) and rent or mortgage payments (15%).

Wednesday, September 17, 2025 - 08:31
67231
/news/personal-finance/over-half-brits-lack-retirement-confidence-cost-living-bites
Financial IT
Qasemi Islamic Microfinance Bank and TerraPay Partner to Enable Real-Time Inbound Payments to South Yemen Accounts and Wallets
Qasemi Islamic Microfinance Bank (QIMB) and TerraPay, a global money movement company, today announced a strategic partnership at Money2020 Middle East. The partnership is to enable digital payouts in USD and SAR to all bank accounts and mobile wallets across South Yemen.
 
Wednesday, September 17, 2025 - 08:29
67230
/news/payments/qasemi-islamic-microfinance-bank-and-terrapay-partner-enable-real-time-inbound
Financial IT
Yuno Launches NOVA, AI Agents to Turn Payment Friction Into Growth; Merchants Recover Up to 75 Percent of Failed Transactions

Yuno, the global payment orchestration platform, today announced the launch of NOVA, a series of AI agents that turns payment friction into growth for merchants. NOVA turns card declines, abandoned checkouts, and missed payments into AI-powered customer conversations via phone and WhatsApp that recover revenue and surface additional data signals from customers in the process.

Wednesday, September 17, 2025 - 08:20
67229
/news/artificial-intelligence/yuno-launches-nova-ai-agents-turn-payment-friction-growth-merchants
Financial IT
MANTL Clients Raise Over $3 Billion in Deposits From Existing Banking Relationships in Six Months

MANTL, an Alkami solution team and leading provider of loan and deposit account opening technology, today announced that its clients raised over $3B in deposits with existing banking relationships in the first half of 2025. This achievement highlights the significant opportunity financial institutions have to achieve low-cost, sustainable growth by strengthening customer and member relationships and driving banking primacy with omnichannel account opening technology.

Wednesday, September 17, 2025 - 08:16
67228
/news/banking/mantl-clients-raise-over-3-billion-deposits-existing-banking-relationships-six-months
Financial IT
MiniPay Turns Two With 10 Million Wallets and 270 Million Transactions Pointing to Stablecoins Leading Web3

Opera Limited , a leading global browser and AI agent company, today announced that MiniPay has reached 10 million activated wallets. Two years ago MiniPay set out to make digital dollars feel effortless. Today, the wallet marks its second anniversary with proof that everyday stablecoin money is no longer a theory. Since launch, MiniPay users have activated 10 million MiniPay wallets, showing 500% YoY growth, and completed 271 million transactions moving over $270 million on-chain.

Wednesday, September 17, 2025 - 08:13
67227
/news/cryptocurrencies/minipay-turns-two-10-million-wallets-and-270-million-transactions-pointing
Financial IT
Capitolis Appoints Fintech and Capital Markets Executive Melanie Carucci as Global Head of Sales

Capitolis, the financial technology company, announced the appointment of Melanie Carucci as Global Head of Sales, effective September 15. Reporting to Gil Mandelzis, Founder and Chief Executive Officer of Capitolis, Carucci will be responsible for leading the company’s global sales strategy and execution, overseeing commercial growth, and deepening strategic client relationships.

Tuesday, September 16, 2025 - 15:12
67226
/news/people-moves/capitolis-appoints-fintech-and-capital-markets-executive-melanie-carucci-global
Financial IT

Pages