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Northern Trust Mutual Fund Servicing Relationship with Morningstar Investment Management Extended

Northern Trust  today announced the continuation of its comprehensive asset servicing relationship with Morningstar Investment Management, supporting nine multi-managed registered mutual funds with approximately $5 billion in assets under management.

Friday, August 22, 2025 - 11:38
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Financial IT
Algbra Labs and Moka United, the Fintech Subsidiary of İşbank, Announce Strategic Partnership to Launch RUUT in the UK

Algbra Labs, a leading UK-based Fintech-as-a-Service (FaaS) provider, has announced a strategic partnership with Moka United, the fintech subsidiary of İşbank - Türkiye’s largest private bank. The collaboration supports the UK launch of RUUT, a next-generation digital banking brand developed by Moka United as part of İşbank’s global fintech strategy. 

Friday, August 22, 2025 - 10:18
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Financial IT
Klarna Secures EUR 1.4bn Structured Financing Facility with Santander

Klarna, the global digital bank and flexible payments provider, today announced the execution of its inaugural warehouse financing facility with Santander as the sole lender. The facility provides a total funding capacity of up to EUR 1.4 billion and is backed by German receivables. It forms part of Klarna’s broader strategy to diversify funding sources and support continued growth.

Friday, August 22, 2025 - 10:10
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Financial IT
PayCaptain Confirms B Corp Recertification, Also Increasing Its B Impact Assessment Score

B-Corporation status certifies a company's commitment to its social and environmental impact, not just profit-making. B Corp certification is a rigorous process, verified by B Lab, to ensure that a company meets high social and environmental performance standards, demonstrating a commitment to positive impact across various stakeholders.

Friday, August 22, 2025 - 09:55
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Financial IT
inDrive.Money Arrives in Brazil with Digital Loans for Drivers

inDrive, a global mobility and urban services platform operating across 48 countries, has announced the launch of inDrive.Money in Brazil. The offering aims to support financial inclusion for drivers by offering quick and convenient access to cash loans within the inDrive app, the world’s second-most downloaded ride-hailing app.

Friday, August 22, 2025 - 09:40
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Financial IT
Lendflow Launches New AI Automation Suite for Embedded Lending

Lendflow, a leader in embedded lending infrastructure, announced the official launch of Lendflow Automate, a suite of AI-powered agents designed to optimize workforce efficiency and transform how lending operations are executed.

The announcement was made at Ai4, America’s largest AI event. Lendflow founder and CEO, Jon Fry, will join leaders from Chime, Mastercard, and Deloitte for a live panel, “Leveraging AI to Drive Value,” on August 12 at the event.

Friday, August 22, 2025 - 09:37
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Financial IT
Priority Secures $50 Million Financing Facility

Priority Technology Holdings, Inc., the payments and banking solution that streamlines collecting, storing, lending and sending money to unlock revenue opportunities, today announced the successful closing of the acquisition of certain assets of Boom Commerce (“Boom”) and the closing of a new $50 million residual financing credit facility.

Thursday, August 21, 2025 - 16:07
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Financial IT
CredAbility Launches First-of-Its-Kind Credit Score Builder to Help Millions Boost Their Scores with Personalised Data-Driven Insights

CredAbility, one of the UK’s fastest-growing financial wellbeing platforms, has launched a first-of-its-kind credit score builder that gives people complete visibility over h

Thursday, August 21, 2025 - 15:52
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Financial IT
MoneyMe Selects SEON to Strengthen Fraud Prevention and Credit Decisioning

SEON, the command center for fraud prevention and AML compliance, today announced that MoneyMe, one of Australia's leading digital lenders, has selected SEON’s unified platform to bolster fraud detection as it

Thursday, August 21, 2025 - 15:46
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Financial IT
Nu Appoints Armando Herrera as the New CEO of Its Mexican Operation

Nubank, one of the largest digital financial services platforms in the world, announced that as of September 2, Armando Herrera will serve as the new CEO of Nu Mexico. Ivan Canales, who has led the operations for the past three years, is on parental leave and will remain contributing to Nu. The transition is progressing seamlessly, under the leadership of Guilherme Lago, chairman of the Board of Nu Mexico.

Thursday, August 21, 2025 - 15:42
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Financial IT

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