Wynxx Accelerates Software Delivery at Bradesco Seguros by 40 Percent
- 10 months 3 weeks ago
- Insurtech
Recent research finds that frequent software release cycles and shorter IT lead times are among the most powerful levers for revenue growth. Across industries, delivery speed has become a decisive factor for competitiveness. To stay ahead of the competition without sacrificing quality, Bradesco Seguros, the largest insurance group in Brazil and Latin America, turned to Wynxx.
R2 Joins Ant International to Expand Credit Access for SMEs in LATAM
- 10 months 3 weeks ago
- Infrastructure
Ant International, a leading global digital payment, digitisation, and financial technology provider, today announced a strategic investment in R2, the leading embedded lending infrastructure company in Latin America (LATAM), to expand access to credit for SMEs across the region.
Ayan Capital Secures FCA Credit License and Launches Tech-Driven Islamic Consumer Finance
- 10 months 3 weeks ago
- Islamic Finance
Ayan Capital, a leader in B2B Shariah-compliant car finance, has officially secured authorisation from the UK’s Financial Conduct Authority (FCA) to enter into regulated consumer credit agreements as a lender. This marks a major milestone in its plan to provide a digitally-enabled Islamic finance ecosystem.
Five Rising Fintech Stars Take Center Stage at Money20/20 USA
- 10 months 3 weeks ago
- FinTech StartUps
Money20/20, the world’s leading fintech show and the place where money does business, has unveiled five startups set to redefine the future of finance at its highly anticipated Startup Media Session during Money20/20 USA.
Kueski and dLocal Partner to Expand the “Buy Now, Pay Later” Model Across Merchants in Mexico
- 10 months 3 weeks ago
- Lending
Kueski, Mexico’s leading Buy Now, Pay Later (BNPL) platform, announced a strategic partnership with dLocal (NASDAQ: DLO), the leading cross-border payments platform connecting global merchants with emerging markets.
Anrok Raises $55 Million Series C to Scale Global Tax Compliance Infrastructure
- 10 months 3 weeks ago
- Fundraising News
Anrok has raised $55 million in Series C funding led by Spark Capital, with participation from Sapphire Ventures and our existing investors Khosla Ventures, Sequoia Capital, and Index Ventures. This brings our total funding to over $100 million.
Formalize Raises €30 Million to Continue Shaping the Future of Compliance Across Europe
- 10 months 3 weeks ago
- Fundraising News
Fintap Secures up to $86.5 Million Credit Facility and Corporate Note
- 10 months 3 weeks ago
- Fundraising News
Fintap, a technology-enabled specialty finance company, today announced the closing of a credit facility of up to $82.5MM and a corporate note of up to $4MM, representing a significant increase from its 2021 financing. This new capital positions Fintap to advance its technology infrastructure, enhance API integrations, and expand access to working capital for underserved small businesses nationwide.
Thunes and Ecobank Group To Power Africa’s Instant Payments for the Next Billion Users
- 10 months 3 weeks ago
- Payments
Thunes, the Smart Superhighway to move money around the world and Ecobank Group, the leading pan-African financial institution, today announced a collaboration which will enable instant cross-border payments for millions of individuals and businesses across Sub-Saharan Africa.
Nexi Collaborates with Visa and Mastercard to Support Italian Businesses
- 10 months 3 weeks ago
- Payments
Nexi, the European PayTech, has announced two strategic collaborations with Visa and Mastercard to enable faster, easier and more cost-efficient payments for Italian businesses. Visa Direct and Mastercard Move, the global platforms developed by Visa and Mastercard that provide convenient and secure money transfer solutions, will be integrated into Nexi’s suite of business services.
SBS Introduces Open Banking Capabilities to UK Building Societies and Banks
- 10 months 3 weeks ago
- Open Banking
SBS, the global financial technology company that more than 1,500 financial institutions rely on to digitally transform the way they operate, announced the launch of Core MSS7, the newest release of its Mortgage and Savings Suite for UK building societies and banks.
Zurich Reimagines the Future of Insurance with Ambitious New AI Lab
- 10 months 3 weeks ago
- Artificial Intelligence
In an industry often defined by tradition, Zurich Insurance Group (Zurich) is taking a bold leap forward with the launch of a groundbreaking Zurich AI Lab. Spearheaded by Group CEO Mario Greco, it represents an ambitious move that signals a new era in how insurance is delivered and experienced by its customers.
Pave Finance Integrates with Charles Schwab to Empower RIAs with Automated Wealth Management
- 10 months 3 weeks ago
- Wealth Management
Pave Finance, Inc., the next-generation wealth management platform, has today announced its integration with Charles Schwab, the world’s largest registered investment advisory custodian and one of the largest retail brokerage firms. The move enables registered investment advisors (RIAs) to link their Schwab client accounts directly to Pave for automated portfolio construction, management, and trading, all without moving a single client asset.
AutoRek Bolsters Insurance Push with Two Senior Hires
- 10 months 3 weeks ago
- Insurtech
AutoRek, a global provider of automated reconciliation and financial controls solutions, today announced two strategic appointments to strengthen its insurance sector expansion. The dual appointments signal AutoRek's deepening commitment to the insurance sector, combining front-line sales expertise with technical solution design capabilities to address the industry's digital transformation challenges.
FICO Survey: Fraud Department Is Secret Weapon for Customer Acquisition
- 10 months 3 weeks ago
- Fraud Detection
New research on fraud, identity, and digital banking from global analytics software leader FICO reveals that British consumers are prioritizing fraud protection over other considerations when selecting financial service providers. Banking-related fraud, such as stolen cards and identity theft leading to application fraud, tops their list of concerns, while traditional scams like cash theft and shopping frauds rank far lower.
