Twitter is one of the most used social media apps worldwide, mainly in the US. Still, after Elon Musk decided to buy the platform, things took a wrong turn for regular users, and now the app is a totally different environment than before. For example, a new platform update won’t allow you to block people anymore, while annoying paid subscriptions were introduced for typical features. Indeed, Musk wants to make X the “everything app,” but for now, it’s an app that does nothing for its users. 

When it comes to managing anti-money laundering (AML) obligations many challenger banks turn to basic or unproven in-house risk management solutions. Although these solutions can in some ways be quite innovative, they are often built quickly and lack thorough experienced testing, leading to potential vulnerabilities.

72 projects applied to take part in the "Artificial Intelligence Business Incubator": the international incubation program fostered by Banca Sella and implemented by dpixel – the Sella group Venture Incubator – with the support of the Fintech District, aiming to assist in the initial phase (pre-seed) of startups, researchers, entrepreneurial teams, university spin-offs, companies and the most innovative artificial intelligence projects applied to finance.

Prove Identity, Inc. ("Prove"), a global leader in digital identity solutions, has announced a $40 million funding round led by MassMutual Ventures and Capital One Ventures.

Fenergo, the leading provider of digital solutions for Know Your Customer (KYC), Transaction Monitoring and Client Lifecycle Management (CLM), today announced that Generali Investments Holding – holding company of Generali Investments’ ecosystem of asset management firms, with more than €504bn in assets under management (AUM) – is deploying Fenergo’s software-as-a-service (SaaS) CLM to enhance its anti-money laundering (AML) compliance processes.

Global B2B payments and invoicing network TreviPay today announced the launch of the Financial Partner Gateway, a new suite of APIs for financial institutions looking to expand commercial offerings.

Globacap, has today announced the successful completion of a $21m Series B round of funding as the firm ramps up its drive to digitise and automate the world’s private capital markets. 

Investors include capital markets heavyweights Moore Strategic Ventures, LLC, Cboe Global Markets, Inc., and the Johannesburg Stock Exchange (JSE), as well as GABI Ventures and leading Asia-focused investment firm, QBN Capital. 

Open wealth platform Flanks has secured $8 million in a Series A round led by Earlybird Venture Capital, and followed by the existing investors JME Ventures and 4Founders Capital.