Lynx raises £15m Series A funding to fight fraud and financial crime
Created 20 years ago, Lynx leverages AI and machine learning to detect and prevent financial crime.
Created 20 years ago, Lynx leverages AI and machine learning to detect and prevent financial crime.
The paytech was valued at $350 million only seven months ago.
Himagiri Mukkamala joins as CDO, Beth-Anne Bygum as CISO and Blair Williams as CRO.
In this episode, fintech founders share their experienced of building values for a new digital vision.
Tracie Loudermilk has also been appointed to the role of vice president of project and consulting solutions.
By moving to the cloud, AWS claims that MUFG has been able to reduce IT operational costs by 20%.
The company has secured an additional $250 million in debt financing to support its lending operations.
The bank says the platform will enable it to deliver “affordable term loans” directly to its SMB customers.
The first two quarters of this year saw global enforcement fines amount to $1.5bn and $2.27bn, respectively.
The round was led by Ribbit Capital with participation from existing investors Kleiner Perkins and Thrive Capital.
First-hand insights and learnings of fintech founders on how to strategically build a versatile team.
The cuts were first reported by Fortune, but the total number of employees impacted is currently unknown.
Grasshopper and Treasury Prime are thriving at a time when so many neobanks and BaaS providers are struggling.
Johnson joins MoneyGram from fintech firm Alloy where she worked for over six years.
The company’s acquisition by its senior executives is expected to be completed this month.
We explore various aspects of how to build company culture and what can be achieved as a team.
Cash App had been pursuing a VASP licence in the country since 2021.
Scotiabank first bought its 20% stake in May 2014 for around $460 million.
Exploring hiring strategies and how to build a successful roadmap for a long-term vision.
Goldman Sachs bought the GM credit card business for $2.5 billion in October 2020.
The latest cash injection brings Arch’s total funding to date to over $25 million.
The bank will deploy FusionIQ’s cloud-native Digital Advice platform.
Bloomberg reports that an official announcement regarding the potential acquisition could arrive within a week.
The proposals will target 17 companies who control 88% of the market share.
SimCorp and Axioma are both subsidiaries of the Deutsche Börse Group.
Founded in 2022 and based in Texas, Black Ore offers an AI automation platform for financial services businesses.
With 20 years of experience in engineering and product management, Baghaei joins Jeeves from Early Warning.
The company’s website and app with cease to operate from 10 November.
The financing will enable MPOWER to issue more loans to international students studying in the US and Canada.
The funding brings the total external investment in the firm to $116 million to date.
As part of the acquisition, Elastech CEO Scott Llewelyn will join Bond.AI to lead its professional services division.
Cora+ leverages generative AI to draw on multiple different information sources to answer customer queries.
Jifiti says it can now provide clients with a broader range of payment products and pan-European solutions.
Erny succeeds outgoing president and CEO Jim Spradlin, who is retiring after 29 years at the credit union.
With Ripple, Georgia’s central bank aims to explore use cases and potential benefits of having a digital currency.
Intuit first acquired Mint for $170 million back in 2009.
Payroll Integrations plans to expand its product line, foster new relationships and invest in its operations.
Amazon Business customers can now select Affirm at checkout to pay for eligible goods over time.
Archie Deskus has been named as CTO and Jamie Miller joins as CFO.
Kuruvilla joins the company from CoreLogic, where he served as chief information officer.