Noda taps ThetaRay for Sonar AML solution
ThetaRay’s Sonar will help Noda stay up to date with shifting compliance regulations.
Artificial Intelligence/AI
ComplyAdvantage names Jim Anning as chief data officer
Anning joins ComplyAdvantage from GoCardless where he was vice president of data.
UK fintech funding round-up: Yoti, Ramp, SteadyPay & Ocula
A handy round-up of the recent funding endeavours of fintech companies across the UK.
Tintra taps Temenos to power new bank for emerging markets
Tintra plans to link emerging market clients with global financial opportunities.
Socure lands $95m credit facility from JP Morgan, SVB and KeyBanc
CEO Johnny Ayers says the firm plans to invest in “new solutions, verticals, and strategic acquisitions”.
US credit union Golden 1 taps AML RightSource to strengthen transaction monitoring
AML RightSource’s tech will automate Golden 1’s transaction monitoring investigations and reporting.
Canada’s Versapay names Carey O’Connor Kolaja as new CEO
O’Connor Kolaja replaces former CEO Craig O’Neill, who is set to move to an advisory role within the firm.
US student debt fintech Candidly raises $20.5m in Series B funding
The funding round was led by Altos Ventures, with existing investor Cercano Management also participating.
AIOps transforming service assurance for banking and financial services
A progressive disclosure approach builds trust and instils confidence as allows the user to drill into WHY.
ChatGPT and generative AI – what does banking have to do with it?
Ready or not, the generative AI genie is out of the bottle and there is no going back.
French fintech N2F lands €24m funding to fuel expansion plans
N2F is looking to expand across Europe and will recruit 200 new employees over the next five years.
Executive panel: key banking cybersecurity developments for 2023
Ten executives from top firms, including Wells Fargo, Microsoft, TransUnion, and RBC, share their expert views.
UK lender Abound secures £500m in equity and debt financing
The company plans to grow its loan book and boost its staff headcount.
Quantifind bags $23m in funding to help firms combat financial crime
Quantifind’s SaaS solutions help banks and financial institutions tackle money laundering and fraud.
Tudi taps ThetaRay for transaction monitoring solution
Through the partnership, ThetaRay will provide Tudi its Sonar transaction monitoring solution.
US paytech Pagos lands $34m in Series A funding
With the funds, Pagos plans to expand its engineering team and develop its product suite.
Trade financing platform Marco lands $200m credit facility, $8m equity
Marco says the combined funding will support its ambition to “close the $2 trillion global trade finance gap”.
What the FinTech? | S.4 Episode 3 | Generative AI in banking
In this episode, we’re joined by Miguel Navarro to discuss how generative AI could impact financial services.
European paytech Lyra taps Napier for transaction monitoring
Lyra will utilise Napier’s transaction monitoring solution to ensure its compliance with regulatory requirements.
Mizuho International taps SymphonyAI to help fight financial crime
Mizuho will use SymphonyAI Sensa to boost AML protection within its European capital markets division.
Icelandic neobank Indó taps Lucinity for AML protection
With the partnership, Indó will have access to Lucinity’s transaction monitoring and case manager solutions.
ICYMI fintech funding round-up: Ledge, AdalFi and Power
Our weekly fintech round-up for you to get the latest funding news from around the world.
AI regtech WorkFusion names Arthur Mueller VP of financial crime
Mueller joins from Rabobank North America where he served as AML and sanctions officer for more than six years.
Unity Small Finance Bank taps M2P for core banking upgrade
The Indian bank will deploy M2P’s Turing CBS offering.
African ID verification platform Smile Identity nabs $20m Series B
The latest funding round brings Smile Identity’s total capital raised to date to $31 million.
Baiduri Bank taps Finbots.ai to modernise credit risk management
The partnership makes Baiduri the first bank in Brunei to migrate to an AI-led credit risk management solution.
US fintech funding round-up: Wink, Blip, Upwardli and Inkle
A handy round-up of the recent funding endeavours of fintech companies across the US.
Europe fintech funding round-up: Kennek, Mazepay, Uniify and Snab
Our weekly fintech round-up for you to get the latest funding news from around the world.
UK’s FCA names first members of its new innovation advisory group
The Innovation Advisory Group (IAG) will meet for the first time in February, the FCA says.
Non-profit Commonwealth begins second phase of partnership with JP Morgan Chase
Commonwealth and JP Morgan Chase are examining how new tech can reduce wealth inequality in the US.
Digital financial crime platform Themis names Matthew Hurn as chairman
Hurn has been a Themis investor and board member since June 2020.
Fraud prevention platform Seon acquires AML firm Complytron
Thanks to the acquisiton, Seon will be able to offer “a vital single source” to fight fraud holistically.
Liberis lands €30m in debt financing from Silicon Valley Bank UK
The funding will support Liberis’ targeted expansion across the Nordics and Europe.
UK fintech Raylo bags £110m debt financing facility
Raylo provides consumers with “affordable” access to tech products on a monthly subscription basis.
New savings app for homeowners in the UK: Sprive
Sprive’s AI mortgage assistant, available through a mobile app, helps customers pay off their mortgage faster.
Turkey’s Quick Finans taps Provenir for data and risk decisioning platform
Quick Finans selected Provenir’s tech to enhance its customer onboarding process.
Don’t click this link: how authID aims to protect you from yourself
AuthID leverages the “human factor” to remediate today’s social engineering attacks, CEO Tom Thimot says.
Why 2023 is time for us to tackle financial crime properly
The impact of financial crime continues to be severe, but 2023 could be a breakthrough year.
UK fintech funding round-up: Caura, Themis and Keyzy
A handy round-up of the recent funding endeavours of fintech companies in the UK.
German AML regtech Hawk AI lands $17m Series B
The round saw participation from investors including Sands Capital, DN Capital, Coalition and BlackFin Capital.
