Alix, a first-of-its-kind wealth transfer platform, today announced a $20 million Series A funding round from Acrew Capital, Charles Schwab and Edward Jones Ventures*. Existing investors Initialized Capital, Scribble, Magnify, Ziegler Link•age Funds, and Cameron Ventures also participated in the oversubscribed Series A round. This additional funding will support the company’s growth strategy, bringing the power of AI-enabled estate settlement to more families in need.

While online fraud for companies has long been synonymous with payment fraud and account takeovers, a new wave of threats is gaining ground led by first-party chargeback fraud, refund abuse, and, increasingly, AI-powered attacks.  

Nearly half of merchants (47%) now report a rise in fraud perpetrated by known customers.

Nasdaq Verafin today announced the launch of the Agentic AI Workforce, a suite of digital workers that will deliver a step change in the way banks conduct anti-money laundering (AML) compliance by automating low-value, high-volume compliance processes. Building on the successful adoption of its GenAI Entity Research Copilot, Nasdaq Verafin’s Agentic AI Workforce is made up of digital workers that can be deployed by banks to execute complex tasks, including decisioning, with minimal supervision.

American Airlines and Mastercard today announced an extension of their decades-long partnership, reinforcing a shared commitment to delivering more rewarding travel experiences and value through advanced payments technology and services.

UniCredit has been awarded the prestigious title of Europe's Best Bank 2025 at the Euromoney Awards for Excellence, in recognition of the outstanding results achieved by the bank in 2024 through the "UniCredit Unlocked" industrial transformation plan. The award was presented at the Euromoney Awards for Excellence ceremony in London on 17 July.

The Bank of England (Bank) co-operates with the Financial Conduct Authority (FCA) to supervise financial market infrastructure (FMI).

Unit21, a global risk and compliance technology leader that proactively mitigates risks tied to fraud, money laundering, and other financial crimes, has announced its new 

Mercurity Fintech Holding Inc., a blockchain-powered fintech group, today announced it has entered into a $200 million Equity Line of Credit Agreement with Solana Ventures Ltd., to launch the Company’s Solana-based digital asset treasury strategy.

This initiative positions MFH as a long-term institutional participant in the Solana ecosystem, expanding beyond fintech infrastructure into high-performance, on-chain treasury deployment and protocol engagement.

SanuPay, a rising card technology firm in East Africa, is partnering with OpenWay, a global provider of digital payment software, to introduce Ethiopia’s first domestic credit card. This rollout will signal a significant step in the country's shift toward formalised, digital financial infrastructure.