Happy Money Launches Next-Generation Credit Model, Further Enhancing Delivery of High-Quality Assets and Strong Risk-Adjusted Returns to Partners
- 9 months 1 week ago
- Lending
Happy Money, a leading consumer finance company dedicated to empowering people to achieve their goals through responsible lending, today launched its eighth-generation credit model, further strengthening its credit decisioning framework by integrating new data signals to deliver more precise, optimized credit and pricing decisions.
Clearwater Analytics Embeds AI Into Beacon Risk Platform To Accelerate Model Validation And Exposure Analysis
- 9 months 1 week ago
- Risk Management
Clearwater Analytics , the most comprehensive technology platform for investment management, today announced breakthrough embedded agentic AI capabilities within Beacon by CWAN, its enterprise risk and quantitative analytics platform, enabling risk teams to accelerate model validation, exposure analysis, and decision-making.
Spreedly Announces Record Growth Across the Open Payments Platform
- 9 months 1 week ago
- Payments
Spreedly, a global leader in open payments, today announced several milestones reflecting continued growth across its enterprise and international customer base.
Insurity Launches New Accelerated Partner Program To Deepen Collaboration And Drive Scalable Growth Across Its Industry-Leading Partner Ecosystem
- 9 months 1 week ago
- Insurtech
Insurity, a leading provider of cloud-based software for the property and casualty insurance industry, today announced the launch of Insurity’s new Partner Program, an expanded partner program designed to deepen collaboration across Insurity’s network of more than 200 partners, including system integrator (SI), technology, and insurance content and service partners. Through this ecosystem, insurers gain access to one of the most comprehensive...
Amazon Web Services Announces New Agreement with Nationwide Building Society To Accelerate Digital Innovation And Enhance Customer Experience
- 9 months 1 week ago
- Banking
Amazon Web Services, Inc. (AWS), an Amazon.com, Inc. company, today announced a new agreement with Nationwide Building Society, the world’s largest building society, to accelerate innovation and improve customer experiences for its over 17 million customers.
PayPal Goes Live in Nigeria Through Paga, Enabling Global Payments and Local Withdrawals
- 9 months 1 week ago
- Payments
Paga, Nigeria’s pioneering fintech company, and PayPal, the global payments and commerce platform, today announced the availability of live account linking for customers in Nigeria. The integration enables users to access PayPal-supported cross-border payments directly through Paga’s digital wallet, allowing them to receive international payments and withdraw funds locally in Naira.
Checkout.com Acquires Blue EMI, a Licensed Issuer of Euro Stablecoins, and Establishes Lithuania Technology Centre
- 9 months 1 week ago
- Payments
Checkout.com, a leading global digital payments provider, today announced the acquisition of Blue EMI, a regulated electronic money institution authorised to issue euro stablecoins. At the same time, the company is establishing a new technology centre in Lithuania, reinforcing its commitment to European innovation and creating high-skilled jobs in one of the EU’s leading fintech hubs.
Club Employés Selects Mangopay To Streamline Employee-Benefits Payments And Scale Across Europe
- 9 months 1 week ago
- Payments
Club Employés, the leading French platform specialised in managing employee benefits for Comités sociaux et économiques, has chosen Mangopay to scale its operations across Europe with a more flexible payment infrastructure and to streamline how employee benefits are funded, distributed, and redeemed.
Quants Increase Focus on Sector-Specific Data as AI Adoption Evolves, Bloomberg Research Data Survey Finds
- 9 months 1 week ago
- Artificial Intelligence
As firms explore embedding artificial intelligence (AI) in investment research workflows, quantitative teams are also placing greater emphasis on sector-specific data to capture alpha that is concentrated within distinct industry verticals.
Avelacom Expands Access to Argentina’s Capital Markets for Banks and Financial Institutions
- 9 months 1 week ago
- Banking
Avelacom, the global provider of ultra-low latency network and infrastructure solutions, is expanding its presence in Argentina, enabling banks and other financial institutions to connect directly to Argentina’s equities and derivatives markets for real-time market data and order execution.
Communicate Telecoms Selects GoCardless to Accelerate Payout Timings
- 9 months 1 week ago
- Payments
Communicate Telecoms, a dedicated provider of business connectivity and telephony solutions, has expanded its relationship with GoCardless by adopting Same Day Settlement+, GoCardless’ AI-powered tool which uses machine learning to improve success rates and reduce late failures. This allows payments to land in their bank account on the same day customers are charged -- two days sooner than the standard Direct Debit timeline -- to ensure cash...
One in Five Small Businesses Would Have Turned to Personal Savings to Survive, Liberis Reveals
- 9 months 1 week ago
- Personal Finance
One in five small businesses (SMBs) would have dipped into their personal savings to keep operating without access to timely funding, according to recent research from Liberis, a leading embedded finance provider. The survey of more than 1.7k merchants across the UK and US, who received Liberis funding, found that 73% reported meaningful impact for their businesses by having access to capital at the moment they needed it most.
Gatehouse Bank Reduces Rental Rates on All Five-Year Buy-to-Let Products for UK Expats and International Residents
- 9 months 1 week ago
- Lending
Gatehouse Bank has today announced a rental rate* reduction of 0.18% across its full range of five-year fixed term Buy-to-Let (BTL) Purchase Plans for UK expats and international residents. Today’s changes apply on all standard and green five-year products, including those for customers seeking finance for Houses in Multiple Occupation (HMOs) and Multi-Unit Freehold Blocks (MUFBS). Gatehouse Bank accepts applications from individuals as well as...
Paraglide Raises $5M Seed Funding From Bessemer and DN Capital to Automate Accounts Receivable With AI Agents
- 9 months 1 week ago
- Fundraising News
Paraglide, an agentic AI product for accounts receivable (AR), today announced it has raised a $5 million seed round co-led by Bessemer Venture Partners and DN Capital, with participation from Born Capital and The Nordic Web Ventures. The funding will support Paraglide’s expansion across Europe as demand for agentic automation in finance operations grows.
GCEX Appoints Carmen Tan as Managing Director, MENA
- 9 months 1 week ago
- People Moves
Leading regulated digital prime broker GCEX (GCEX Group) has appointed Carmen Tan to lead GCEX MENA. Based in Dubai, Carmen will focus on spearheading growth opportunities for the VARA regulated entity and delivering exceptional service to institutional clients. As a fluent Mandarin and Cantonese speaker, Carmen’s remit extends beyond Managing Director of the MENA region to also drive market expansion in Asia.
