Financial IT’s Tawney Kruger sat down with Abacum COO Jorge Lluch to discuss the company’s recent $60 million Series B raise, its journey from inception to today, and the evolving role of financial planning in the age of AI.

MoneyGram, a leading global payments network for consumers, businesses and communities, and Plaid, the data network powering the fintech tools millions of people rely on to lead a healthier financial life, today announced the expansion of their pay-by-bank partnership to Europe.

The European Central Bank (ECB) has concluded a framework agreement in ranking with Feedzai, the world's leading RiskOps platform for financial crime prevention, as the first-ranked tenderer, to provide the central fraud detection and prevention mechanism for the digital euro.

Mesh, the leading crypto payments network, today unveiled the future of agentic commerce during a live demo at TOKEN2049, demonstrating an AI agent completing a crypto transaction. The demonstration highlighted how an AI agent can seamlessly complete a real world ecommerce purchase using stablecoins, in this case finishing a purchase of dog food from a retailer.

Nium, the leading global infrastructure for real-time cross-border payments, and Emirates NBD, a leading banking group in the Middle East, North Africa and Türkiye (MENAT) region, announced significant progress in their strategic partnership first unveiled in 2024.

EVERTEC, Inc. today announced that the Company has closed the previously announced transaction to acquire a controlling stake in Tecnobank Tecnologia Bancária S.A. (“Tecnobank”), a leading fintech vendor in Brazil’s digital vehicle financing contract registration sector, through its wholly-owned subsidiary Evertec Brasil Informática S.A.

iDenfy, a Lithuania-based identity verification, fraud prevention, and compliance company, announced the launch of its Criminal Background Check tool. The solution will help enhance KYC/KYB and AML compliance by accessing up-to-date international criminal databases from all US states, pulling and extracting data on all individuals who are being screened. The solution will help save time and automatically generate reports with all data found in a single PDF file, enabling faster red flag detection and identification of high-risk individuals.

Teylor, one of Europe’s leading technology-driven SME financing platforms, has secured €150 million in new financing from Fasanara Capital, a leading fintech-focused structured credit asset manager. The facility will be used to scale Teylor’s factoring business across seven European countries.

Kanastra, a financial technology company providing technology infrastructure and services for private credit funds and securitizations, today announced a $30 million Series B round led by F-Prime, with contributions from the International Finance Corporation (IFC), the World Bank's investment arm, as well as follow-on investments from current investors Kaszek, Valor Capital, Quona Capital and Itaú, Latin America's largest bank.  The new capital will be used to accelerate product development, deepen automation across the