Tallinn Fintech Mifundo Lands €2.5 Million for Cross-Border Lending Revolution
- 5 months 1 week ago
- Fundraising News
Estonian fintech Mifundo has made history by becoming the first fintech to receive full funding from the European Innovation Council (EIC) Accelerator, securing €2.5 million in grants and investment.
Vilnius-Based BoBo Secures €6.5 Million for Instant Large-Scale Cross-Border Transactions
- 5 months 1 week ago
- Fundraising News
Bourgeois Boheme, a fintech company targeting the next generation of successful entrepreneurs, has closed a €6.5 million seed round led by Graphit Lifestyle.
TreviPay’s Joel Campbell Named ‘CFO of the Year’ by Kansas City Business Journal
- 5 months 1 week ago
- Data
TreviPay Chief Financial Officer Joel Campbell has been named as the 2024 CFO of the Year by the Kansas City Business Journal. The annual CFO of the Year award program recognizes financial professionals in the Kansas City region for outstanding performance in their roles as corporate financial stewards. The winners will be honored during an awards event today at Loews Kansas City Hotel.
What Merchants Need to Know as Subscription Payments Become the Next Step in Open Banking
- 5 months 1 week ago
- Payments
Open banking is transforming the financial landscape by allowing third-party financial service providers to access consumer banking, transactions, and other financial data through secure application process interface’s. As this ecosystem evolves, subscription payments are emerging as critical components, offering new opportunities and challenges for merchants.
ACI Worldwide, Inc. Reports Financial Results for the Quarter Ended June 30, 2024
- 5 months 1 week ago
- Payments
ACI Worldwide, a global leader in mission-critical, real-time payments software, announced financial results today for the quarter ended June 30, 2024.
BNP Paribas Enters into Exclusive Negotiations with AXA for the Acquisition of AXA Investment Managers and a long term partnership in Asset Management
- 5 months 1 week ago
- Asset Management
The BNP Paribas Group announces today that it has entered into exclusive negotiations with AXA to acquire 100% of AXA Investment Managers, representing close to €850bn assets under management, together with an agreement for a long-term partnership to manage a large part of AXA’s assets.
Shawbrook to Use nCino to Automate Lending Processes and Enhance Client Portfolios for Faster Market Entry.
- 5 months 1 week ago
- Lending
nCino, Inc., a pioneer in cloud banking for the global financial services industry, today announced that Shawbrook has chosen nCin
Youverse Achieves 4x Improvement in Liveness Detection
- 5 months 1 week ago
- Digital Identity
In the ever-evolving landscape of digital identity security, the battle against identity fraud has taken a significant leap forward with the latest advancements in Youverse's liveness detection technology. The pioneering decentralized authentication platform has achieved a remarkable 4x increase in its liveness detection performance, marking a critical enhancement in its capability to differentiate between real human users and sophisticated...
New USA-Mexico Payment Pathway Launched by People’s Clearinghouse & Interledger Foundation
- 5 months 1 week ago
- Payments
The Interledger Foundation, an organization building and advocating for an open, interoperable payment network, today announced its work with the People’s Clearinghouse, a social sector tech platform that services community banks and credit unions in Mexico. Together, they will implement new cross-border payment infrastructure to facilitate remittances between U.S.
Moody's Highlights Entity Verification as Key to AI Accuracy in Risk Management and Compliance
- 5 months 1 week ago
- AML and KYC
Moody's has released its latest study, showcasing the pivotal role of Entity Verification data in the adoption of AI tools within the risk and compliance sector.
Bridget Engle to Join Wells Fargo as Head of Technology; Tracy Kerrins to Lead Consumer Technology and Generative AI Teams
- 5 months 1 week ago
- People Moves
Wells Fargo & Company announced today that Bridget Engle has been named Senior Executive Vice President (SEVP) and Head of Technology, reporting to Wells Fargo CEO Charlie Scharf and joining the company’s Operating Committee, effective August 12, 2024.
Kompliant Announces Strategic Relationship with the Digital Solutions Team at Equifax to Deliver Fraud Prevention and Risk Management Solutions
- 5 months 1 week ago
- Security
Building on its promise to provide customers with a best-in-class experience while decreasing compliance risk, Kompliant, a leading provider of intelligent automation, is further elevating the merchant underwriting process, by announcing a partnership with the Digital Solutions team at Equifax to provide the powerful suite of Kount solutions for fraud and risk management.
Aviva Secures $5.5 Million in Seed Investment Round
- 5 months 1 week ago
- Fundraising News
Aviva is thrilled to announce the successful closure of its $5.5 million seed investment round. This funding round was oversubscribed, underscoring the robust unit economics of Aviva's innovative phygital model and its commitment to delivering accessible financial services to the 70 million underserved individuals in the market.
Tuum Partners with ComplyAdvantage to Deliver Faster Compliance, Reduced Risk, and Enhanced Operational Efficiency
- 5 months 1 week ago
- Compliance
Tuum, a leading next-generation core banking platform, is proud to announce its partnership with ComplyAdvantage, a leader in financial crime intelligence. This strategic partnership leverages Tuum’s API-first approach to integrate best-of-breed complementary solutions, ensuring that financial institutions can meet their unique needs effectively and efficiently with a modern solution, providing advanced tools to detect and prevent financial...
MNT-Halan Expands into Turkey with Acquisition of Tam Finans and Raises $157.5 Million
- 5 months 1 week ago
- Fundraising News
MNT-Halan, Egypt’s largest non-bank financial institution and fintech, has acquired Tam Finans, a leading commercial finance company in Turkey with a loan book exceeding US $300 million, from Actera Group, the country’s leading private equity firm, and the European Bank for Reconstruction and Development. Terms of the transaction were not disclosed.
