YouLend, a global embedded financing platform today announces that it has secured a new financing facility with funds managed by Castlelake, a global alternative investment firm that specializes in asset-based private credit. The new facility broadens YouLend's investor base in the US and increases YouLend's available capital which has the potential to now extend over $1 billion in revenue-based financings to US SMBs over a three year period.

NCR Atleos Corporation, a leader in expanding self-service financial access for financial institutions, retailers, and consumers, today announced that $7.8 billion-asset Tompkins Community Bank has expanded its relationship with Atleos by choosing Atleos’ ATM as a Service (“ATMaaS”) solution to transform self-service banking.

Zenus Bank is excited to announce the successful integration of Tuum’s Accounts and Payments modules into its proprietary technology ecosystem. This significant milestone aligns with Zenus’ mission to create a global Banking-as-a-Service (BaaS) platform, enabling banks, fintechs, super apps, and businesses worldwide to embed U.S. banking services and extend them to their customers.  

Client onboarding is a critical yet challenging process for banks, particularly in the corporate banking sector where it remains a labour-intensive and costly exercise. It is becoming increasingly important to shed light on these challenges, and how evolving technologies and solutions such as Corporate Digital Identity (CDI) can transform and streamline this process. 

Bank of Ireland is urging customers to be on their guard due to a new wave of fraud targeting banks in Europe, the UK, the US, Australia, and New Zealand which is now active in Ireland. The fraudsters are mainly targeting business banking customers at this time, duping them into allowing remote access to their computers and bank accounts. Reports of this type of scam to Bank of Ireland’s fraud line are increasing daily as the fraud gang target Irish customers.

As part of the official launch of LEGIC neon on card Zwipe and LEGIC Identsystems are excited to announce the introduction of biometric cardholder verification on Zwipe Access for LEGIC-based access control systems. This enhancement, now available commercially, integrates Zwipe’s industry-leading biometric technology into the latest version of LEGIC’s neon application.

Broadridge Financial Solutions, Inc. , a global technology leader, today announced its readiness to support new OTC derivatives reporting requirements by the Monetary Authority of Singapore (MAS) and the Australian Securities and Investments Commission (ASIC) set to go live on October 21, 2024.

A total space measuring over 5,000 square meters, 200 workstations, coworking and meeting areas for entrepreneurs, startuppers, freelancers, young professionals, investors and customers, a dedicated AI team, a place to host events, a bistrot cafeteria open to the public, as well as a rooftop area available for private events.

Award-winning Swiss FinTech, NetGuardians, known for its enterprise risk platform focused on combating bank fraud, has been chosen by PalawanPay, the e-wallet app from the Palawan Group of Companies, to bolster its fraud prevention measures.

iDenfy, a Lithuania-based identity verification and fraud prevention software provider, announced the release of its new Bank Verification solution. This tool is designed to enhance the customer onboarding process by integrating open banking solutions, helping businesses comply with Know Your Customer (KYC) regulations. The Bank Verification solution will help industries like crypto, recruitment, or fintech ensure that the user isn’t a fraudulent account holder and isn’t providing forged data.