Transcend Appoints Sandeep Arora As Chief Operating Officer
- 1 week 1 day ago
- People Moves
Transcend, a leading provider of innovative liquidity, funding, and collateral optimization solutions, has appointed Sandeep Arora as Chief Operating Officer. Arora has over three decades of experience in capital markets, digital platforms, and financial technology, and will play a critical role in scaling Transcend’s business, operational capabilities, and client delivery.
Alix Secures $20M Series A To Transform Estate Settlement
- 1 week 2 days ago
- Fundraising News
Alix, a first-of-its-kind wealth transfer platform, today announced a $20 million Series A funding round from Acrew Capital, Charles Schwab and Edward Jones Ventures*. Existing investors Initialized Capital, Scribble, Magnify, Ziegler Link•age Funds, and Cameron Ventures also participated in the oversubscribed Series A round. This additional funding will support the company’s growth strategy, bringing the power of AI-enabled estate settlement to...
American Airlines And Mastercard Renew Partnership For Even More Rewarding Travel Experiences
- 1 week 2 days ago
- Credit Cards
American Airlines and Mastercard today announced an extension of their decades-long partnership, reinforcing a shared commitment to delivering more rewarding travel experiences and value through advanced payments technology and services.
Nasdaq Verafin Announces Launch Of Its Agentic AI Workforce, Delivering A Step Change In AML Compliance Efficiency
- 1 week 2 days ago
- Compliance
Nasdaq Verafin today announced the launch of the Agentic AI Workforce, a suite of digital workers that will deliver a step change in the way banks conduct anti-money laundering (AML) compliance by automating low-value, high-volume compliance processes. Building on the successful adoption of its GenAI Entity Research Copilot, Nasdaq Verafin’s Agentic AI Workforce is made up of digital workers that can be deployed by banks to execute complex tasks...
Fraud Grows More Complex And Widespread As Chargebacks And AI Threats Loom Large
- 1 week 2 days ago
- Fraud Detection
While online fraud for companies has long been synonymous with payment fraud and account takeovers, a new wave of threats is gaining ground led by first-party chargeback fraud, refund abuse, and, increasingly, AI-powered attacks. Nearly half of merchants (47%) now report a rise in fraud perpetrated by known customers.
Bank Of England And Financial Conduct Authority Memorandum Of Understanding On The Supervision Of Financial Market Infrastructure
- 1 week 2 days ago
- RegTech
The Bank of England (Bank) co-operates with the Financial Conduct Authority (FCA) to supervise financial market infrastructure (FMI).
UniCredit Named “Europe’s Best Bank” And Honored With Multiple Achievements Across Europe At The Euromoney Awards 2025
- 1 week 2 days ago
- Banking
UniCredit has been awarded the prestigious title of Europe's Best Bank 2025 at the Euromoney Awards for Excellence, in recognition of the outstanding results achieved by the bank in 2024 through the "UniCredit Unlocked" industrial transformation plan. The award was presented at the Euromoney Awards for Excellence ceremony in London on 17 July.
Unit21 Elevates Fraud Prevention For Fintechs With Fingerprint’s Device Intelligence
- 1 week 2 days ago
- Fraud Detection
Unit21, a global risk and compliance technology leader that proactively mitigates risks tied to fraud, money laundering, and other financial crimes, has announced its new
Navigating Payment Challenges In Travel: The Road Ahead
- 1 week 2 days ago
- Payments
As the global travel industry continues to rebound and evolve in 2025, payment remains one of the most critical yet often overlooked areas of transformation. From shifting consumer expectations to increasing operational complexity, how travel companies handle payments is quickly becoming a major competitive differentiator.
Mercurity Fintech Secures $200 Million Strategic Investment From Solana Ventures To Accelerate Solana Treasury
- 1 week 2 days ago
- Fundraising News
Mercurity Fintech Holding Inc., a blockchain-powered fintech group, today announced it has entered into a $200 million Equity Line of Credit Agreement with Solana Ventures Ltd., to launch the Company’s Solana-based digital asset treasury strategy. This initiative positions MFH as a long-term institutional participant in the Solana ecosystem, expanding beyond fintech infrastructure into high-performance, on-chain treasury deployment and protocol...
Ethiopia Embraces Its First Domestic Credit Card—Powered By OpenWay And SanuPay
- 1 week 2 days ago
- Credit Cards
SanuPay, a rising card technology firm in East Africa, is partnering with OpenWay, a global provider of digital payment software, to introduce Ethiopia’s first domestic credit card. This rollout will signal a significant step in the country's shift toward formalised, digital financial infrastructure.
WealthArc Now Connects To Over 140 Custodian Banks Worldwide, Solving The Toughest Data Challenge In AI‑Driven Wealth And Asset Management
- 1 week 2 days ago
- Financial
WealthArc, the Swiss-born fintech revolutionizing wealth and asset management with AI-ready data infrastructure and intuitive portfolio management, announced today it has surpassed 140 integrated custodian bank new generation data feeds within its proprietary platform, the WealthArc Data Box.
Only 1.6 % of Firms Have ‘Fully Integrated’ AI Into Compliance Processes, International Compliance Association Report Finds
- 1 week 2 days ago
- Compliance
Only 1.6% of firms have ‘fully integrated’ AI into governance, risk and compliance (GRC) processes despite more than half (51%) viewing ‘advancements in AI and technology’ as the biggest driver for change in GRC over the next five years, according to a new report from the International Compliance Association (ICA), the leading professional body for the global regulatory and financial crime compliance community.
NatWest Launches £500 Million Loan Offering To Build Social Rent Housing In First‑To‑Market Move
- 1 week 2 days ago
- Lending
NatWest, the largest business bank in Great Britain, is today launching new lending of up to £500 million entirely ringfenced for the building of social rent housing across the UK. This is a first of its kind offering to the market that shows the bank’s commitment to supporting the sector.
MTN SA Completes First Transaction Leveraging J.P. Morgan’s Electronic Bill Of Exchange Offering
- 1 week 2 days ago
- E-Commerce
Mobile Technology Network South Africa (Pty) Ltd., a major mobile telecommunications provider, has successfully completed the first transaction using J.P. Morgan’s new Electronic Bill of Exchange (eBoE) offering – marking a pivotal step in the digitization of global trade finance. The transaction facilitated the shipment of goods from Asia to the United Kingdom (UK).
