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Unlimint launches Banking as a Service API Solution

London-based global fintech Unlimint, has today announced the launch of its Banking as a Service (BaaS) product,

Tuesday, August 23, 2022 - 10:42
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/news/apis/unlimint-launches-banking-service-api-solution
Financial IT
Sumsub Expands to the US, Bringing New Services to Local Customers

Sumsub, a regtech company that helps businesses stay compliant and fight digital fraud, establishes its first US office in Miami, Florida, launching new services available only for US customers. Now local clients can add Social Security Number (SSN) checks to verify users through Social Security records. SSN verification also enables background checks, which can immediately spot customer red flags, including bankruptcies, liens, criminal records, etc.

Tuesday, August 23, 2022 - 10:38
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/news/regtech/sumsub-expands-us-bringing-new-services-local-customers
Financial IT
Standard Chartered Joins Chekk’s Multi-Million Dollar Financing Round to Support Growth of KYC Company

SC Ventures, Standard Chartered’s innovation, fintech investment and ventures arm, announced today that it has invested funds in Hong Kong-based  KYC, KYB and data management platform with the aim of accelerating the company’s product development and boosting its sales organisation – both to meet the increasing demand of the global identity verification market for individuals and corporates that is anticipated to be worth US$17 bill

Tuesday, August 23, 2022 - 10:33
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/news/aml-and-kyc/standard-chartered-joins-chekks-multi-million-dollar-financing-round-support-growth
Financial IT
BACB Partners with Tropical Bank Uganda

British Arab Commercial Bank (BACB) has signed a collaboration agreement with leading Uganda-based commercial lender Tropical Bank Limited (Tropical Bank) to mutually support a range of projects and trade opportunities.

Tuesday, August 23, 2022 - 10:23
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/news/banking/bacb-partners-tropical-bank-uganda
Financial IT
EBANX's Latin America Summit will be Held in Mexico for the First Time

The sixth edition of the Latin America Summit, the annual event organized by Brazilian payments fintech EBANX will be held for the first time outside of Brazil in Mexico City from September 12-15.

Tuesday, August 23, 2022 - 06:45
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/news/payments/ebanxs-latin-america-summit-will-be-held-mexico-first-time
Financial IT
Highline Secures $13 Million in Series A Funding To Extend Credit Access For Borrowers and Reduce Risk For Lenders

Highline Technologies, the payments fintech that unlocks payroll-linked lending and bill pay, announced today that it has successfully raised $13 million in Series A funding. The round was led by Jump Capital, Costanoa Ventures, Foundation Capital and other investors.

Tuesday, August 23, 2022 - 06:21
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/news/fundraising-news/highline-secures-13-million-series-funding-extend-credit-access-borrowers-and
Financial IT
Kasisto Raises Additional $15.5 Million From FIS and Westpac in Oversubscribed Series C Round

Kasisto, creators of KAI, the leading digital experience platform for the financial services industry, today announced a $15.5 million Series C extension, led in the United States by Fidelity Information Services, LLC (NYSE: FIS) and internationally by Westpac Banking Corporation (OTCMKTS: WEBNF), with participation from BankSouth. This brings the total Series C funding to $31 million. 

Monday, August 22, 2022 - 15:46
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/news/fundraising-news/kasisto-raises-additional-155-million-fis-and-westpac-oversubscribed-series-c
Financial IT
FormFree and Finastra Partnership Streamlines Borrower Verification for Improved Mortgage Loan Processing

Finastra and FormFree®, a market-leading fintech company that enables lenders to understand people’s true ability to pay (ATP®), have partnered to further streamline electronic borrower verification for mortgage lenders. FormFree’s AccountChek will integrate directly into Finastra’s Mortgagebot solutions to facilitate an automated asset, income and employment verification process that paves the way for faster loan decisioning.

Monday, August 22, 2022 - 12:19
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/news/lending/formfree-and-finastra-partnership-streamlines-borrower-verification-improved-mortgage
Financial IT
Invesco Launches Metaverse Fund

Invesco, a global asset manager with $1.6 trillion of assets under management, has launched an investment fund focused on the metaverse.

The Invesco Metaverse Fund is an actively-managed equity investment vehicle, that will focus on what Invesco calls the 'metaverse value chain'.

The fund will be managed by Tony Roberts and James McDermottroe, both part of Invesco's UK-based Asia and emerging markets team.

Monday, August 22, 2022 - 11:41
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/news/asset-management/invesco-launches-metaverse-fund
Financial IT
Coupa Treasury Creates Comprehensive Transparency and Agility

Fluctuating markets require companies to have a granular level of visibility into their cash position and cash projection. Today, Coupa Software, a leader in Business Spend Management (BSM), announced Coupa Treasury innovations designed to help companies improve liquidity during uncertain economic times.

Monday, August 22, 2022 - 11:23
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/news/treasury/coupa-treasury-creates-comprehensive-transparency-and-agility
Financial IT

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