Latest news
Resistant AI Secures $25M Series B Funding to Advance AI-Powered Fraud Detection
AI-driven fintech security firm Resistant AI raises $25 million in a Series B round to strengthen its fraud detection technology and expand into new global markets.
Highlights:
Resistant AI raises $25 million in Series B funding to expand its AI-based fraud prevention solutions.
The round was led by Notion Capital, with participation from GV (Google Ventures) and Index Ventures.
The funding will accelerate global expansion, product innovation, and AI research to combat sophisticated financial fraud.
Summary:
Resistant AI, a Prague-based fintech security company specializing in AI-driven fraud detection, has raised $25 million in a Series B funding round led by Notion Capital, with continued support from GV (Google Ventures), Index Ventures, and other investors.
The company provides machine learning tools that help banks, lenders, and fintechs identify and prevent document forgery, identity fraud, and transactional risks in real time. This fresh capital will be used to enhance product capabilities, expand its global customer base, and strengthen research into adaptive AI systems designed to combat evolving financial threats.
Since its founding in 2019, Resistant AI has become a trusted name in the fintech security and risk analytics sector, partnering with major digital banks and regulatory technology firms. With this latest investment, the company aims to solidify its leadership in the AI fraud detection space and scale its global operations.
Microsoft and LSEG Renew AI Data Partnership for Enhanced Financial Insights
Exploring the Impact of Advanced AI on Financial Data Services
Highlights:
Microsoft and LSEG aim to enhance data analytics and financial insights through AI technology.
The partnership focuses on leveraging machine learning to provide innovative financial solutions.
This renewal reflects both companies’ commitment to advancing investment and trading technologies.
Microsoft’s renewed partnership with the London Stock Exchange Group (LSEG) marks a significant step in the integration of AI within financial markets. By utilizing advanced data analytics and machine learning, the collaboration seeks to revolutionize investment strategies and trading frameworks. This initiative not only enhances operational efficiency but also aims to deliver deeper financial insights to market participants, positioning both companies at the forefront of investment technology advancements.
FCA Launches Open Finance Accelerator to Drive Innovation
Empowering FinTech Startups to Shape the Future of Finance
Highlights:
The FCA introduces an Open Finance Accelerator program aimed at fostering FinTech startups.
The initiative seeks to enhance competition and innovation within the financial services sector.
Participants will receive mentorship, funding opportunities, and access to regulatory guidance.
The Financial Conduct Authority (FCA) has launched an Open Finance Accelerator designed to support startups in the financial technology space. By offering mentorship and resources, the program aims to promote competition and drive innovation within the financial sector. This initiative underscores the FCA’s commitment to creating a thriving ecosystem for open finance, ultimately benefiting consumers and businesses alike.
Routefusion Secures $26.5M to Revolutionize Cross-Border Payments
Innovative Fintech Solution Aims to Simplify International Transactions
Highlights:
Routefusion has successfully raised $26.5 million in funding.
The new investment aims to enhance cross-border payment solutions.
Routefusion focuses on simplifying international financial transactions for businesses.
Routefusion, a fintech company specializing in cross-border payment solutions, has announced a significant funding raise of $26.5 million. This investment is set to bolster its technology and services, aiming to streamline international transactions for businesses around the world. As the demand for efficient cross-border payment methods rises, Routefusion’s innovative approach positions it at the forefront of the fintech industry. The company’s mission is to make global financial transactions easier and more accessible.
G20’s Cross-Border Payments Plan Faces 2027 Deadline Challenges
Exploring the complexities and potential setbacks in the G20’s ambitious plan for international payment reforms.
Highlights:
The G20 aims to enhance cross-border payment systems by 2027.
Challenges include regulatory hurdles and technological disparities among countries.
Stakeholders warn that without significant progress, the 2027 target may be unachievable.
The G20’s initiative to streamline cross-border payments is critical for global financial integration. However, various obstacles such as regulatory challenges and differences in financial technology may hinder progress. As 2027 looms, experts express concerns regarding the feasibility of meeting deadlines without substantial advancements. Attention to these issues will be essential for achieving the set goals in international payment systems.
Wise Expands Its Offerings with Launch of Travel Card in India
Revolutionizing Currency Exchange for Indian Travelers
Highlights:
Wise is set to launch its travel card in India, enhancing travel finance for users.
The card offers competitive exchange rates, enabling better value for currency conversion.
Indian travelers can manage multiple currencies seamlessly while abroad.
Wise, known for its innovative financial solutions, is introducing its travel card in India, aimed at simplifying the way travelers manage their expenses abroad. With a focus on competitive exchange rates, the card allows users to transact in multiple currencies without hidden fees. This launch is expected to significantly benefit Indian travelers looking for smarter financial tools while exploring international destinations.
US Shutdown May Trigger Regional Bank Crisis, Warns Fintech CEO
Exploring the Potential Impact of Government Shutdown on Financial Institutions
Highlights:
The potential for a government shutdown poses significant risks to regional banks.
Fintech leaders warn that financial instability may rise if the shutdown continues.
Key sectors impacted are those reliant on government contracts and funding.
As the possibility of a US government shutdown looms, experts are increasingly concerned about the implications for regional banks. The Fintech CEO highlights that prolonged disruption could exacerbate existing vulnerabilities within the financial system. Important sectors, particularly those dependent on federal funding, could face severe consequences. This article delves into the interconnectedness of government operations and financial health, showcasing the urgency of resolving budget issues.
Citizens Bank Elevates Ted Swimmer to Lead Commercial Banking Division
Citizens Bank promotes longtime Capital Markets head Ted Swimmer to oversee its Commercial Banking unit, marking a strategic move to strengthen corporate lending and financial services.
Highlights:
Leadership Shift: Ted Swimmer, previously Head of Capital Markets, has been appointed to lead Citizens Bank’s Commercial Banking division.
Strategic Growth Move: The promotion aims to accelerate the bank’s expansion in corporate lending and advisory services.
Experience & Vision: Swimmer brings over two decades of experience in investment and commercial banking to his new leadership role.
Summary:
Citizens Bank has announced the promotion of Ted Swimmer, formerly the Head of Capital Markets, as the new leader of its Commercial Banking unit. This move underscores the bank’s commitment to enhancing its corporate banking strategy and deepening relationships with middle-market and institutional clients.
With more than 20 years of experience in capital markets and financial services, Swimmer has played a pivotal role in expanding Citizens’ capabilities in structured finance, advisory, and lending. His appointment aligns with the bank’s broader mission to integrate corporate lending with innovative digital and advisory solutions, driving growth and efficiency across its commercial portfolio.
This internal promotion also reflects Citizens’ focus on leadership continuity and long-term strategic execution amid an evolving financial landscape.
SmartSearch to Acquire Credas for £77.8 Million in Major RegTech Consolidation
SmartSearch strengthens its position in the RegTech sector with a £77.8 million acquisition of Credas, combining advanced ID verification and compliance technology for enhanced anti-money-laundering (AML) solutions.
Highlights:
? £77.8 million acquisition: SmartSearch confirms the purchase of digital ID verification provider Credas in a £77.8 million deal.
? Enhanced AML capabilities: The merger combines SmartSearch’s compliance platform with Credas’s biometric and digital verification tools.
? RegTech expansion: The move aims to accelerate SmartSearch’s global growth and strengthen its leadership in the anti-money-laundering technology market.
Summary:
SmartSearch, a UK-based RegTech firm specializing in digital compliance and anti-money-laundering solutions, has announced its acquisition of Credas for £77.8 million. Credas, known for its biometric ID and e-verification technology, will integrate its capabilities with SmartSearch’s existing compliance suite to create a more robust and streamlined AML solution for clients across financial services, real estate, and legal sectors.
This acquisition marks a significant consolidation in the RegTech space, aimed at delivering faster onboarding, improved fraud prevention, and scalable compliance automation. SmartSearch’s move signals its commitment to expanding its global footprint and staying ahead in the rapidly evolving digital identity and compliance market.
BGC Group Acquires Macro Hive to Bolster Market Analytics and Research Capabilities
Global brokerage BGC Group strengthens its financial analytics division with the acquisition of Macro Hive, a UK-based macroeconomic research and data insights firm.
Highlights:
BGC Group announces the acquisition of Macro Hive, enhancing its global market analytics and research capabilities.
The deal is expected to expand BGC’s data-driven intelligence offerings for institutional investors and trading clients.
Macro Hive’s expertise in macroeconomic research and AI analytics will support BGC’s strategy to deliver advanced financial insights across markets.
Summary:
BGC Group, a leading global brokerage and financial technology company, has completed the acquisition of Macro Hive, a UK-based firm specializing in macroeconomic research, data analytics, and trading insights.
Founded in 2019, Macro Hive provides in-depth market analysis combining traditional macroeconomic expertise with cutting-edge AI models to forecast trends and assess risks. The acquisition aligns with BGC’s vision to expand its analytics and research capabilities, offering institutional clients deeper insights into global financial markets.
This move further strengthens BGC’s position in the data intelligence and fintech research space, positioning the company to better serve traders, asset managers, and corporate clients seeking advanced market analytics tools.
Cuzdan Launches Payment Orchestration Platform in Azerbaijan Powered by PayTabs
PayTabs powers Cuzdan’s new payment orchestration platform in Azerbaijan, aiming to simplify digital payments and boost e-commerce efficiency across the region.
Highlights:
Cuzdan, in partnership with PayTabs, launches a payment orchestration platform to enhance digital payment infrastructure in Azerbaijan.
The platform enables merchants to manage multiple payment methods through a unified interface, streamlining e-commerce transactions.
This collaboration supports Azerbaijan’s fintech modernization and regional expansion of PayTabs’ digital payment solutions.
Summary:
Cuzdan, a fintech company focused on digital payment innovation, has launched a payment orchestration platform in Azerbaijan, powered by the global payment solutions provider PayTabs. The platform is designed to simplify and centralize payment processing for merchants by integrating multiple payment gateways, wallets, and banking channels into one unified system.
The initiative aligns with Azerbaijan’s growing digital economy and supports businesses looking to optimize their online transactions securely and efficiently. By leveraging PayTabs’ robust fintech infrastructure, Cuzdan aims to empower local merchants and accelerate the country’s transition toward cashless commerce.
This partnership marks a key milestone in expanding PayTabs’ footprint in the CIS and MENA regions, showcasing the company’s commitment to driving digital payment innovation across emerging markets.
JPMorgan’s $2 Billion Annual Investment in AI: Insights From Jamie Dimon
How the banking giant leverages AI to save costs and enhance efficiency.
Highlights:
JPMorgan invests $2 billion annually in AI technology.
CEO Jamie Dimon highlights cost-saving benefits directly related to this investment.
The focus on AI reflects the bank’s strategy to enhance operational efficiency and competitive edge.
JPMorgan Chase has committed to a significant annual investment in artificial intelligence, emphasizing its potential to streamline operations and drive savings. CEO Jamie Dimon has pointed out that the bank saves an amount equivalent to its AI spending, showcasing a clear return on investment. This move reflects broader trends in the financial sector, where technology infrastructure is crucial for maintaining competitiveness and improving service delivery. The bank’s innovative approach serves as a model for others looking to navigate the evolving landscape of financial services.
Atom Bank Expands Operations with New Headquarters in Newcastle
A Strategic Move to Enhance Customer Experience and Operational Efficiency
Highlights:
Atom Bank has officially opened its new headquarters in Newcastle, enhancing its operational capabilities.
The relocation aims to facilitate better customer service and innovate banking solutions.
Investing in the local economy, Atom Bank’s new base is designed to foster technological advancements in financial services.
Atom Bank’s new headquarters in Newcastle marks a significant milestone in its growth strategy. The move is expected to streamline operations and improve customer service, aligning with the bank’s commitment to innovation in the financial sector. By consolidating resources in a strategic location, Atom Bank aims to enhance its service delivery and support local economic growth. This development underscores the bank’s dedication to advancing the future of digital banking.
Revolut’s Storonsky Moves Residency from the UK to UAE: What This Means for Fintech
Exploring the Implications of the CEO’s Relocation on the Growth of Financial Technology
Highlights:
Revolut CEO Nikolay Storonsky is relocating from the UK to the UAE.
The move signals a potential shift in fintech strategies amid changing regulatory environments.
The UAE is emerging as a new hub for financial technology and investment opportunities.
Nikolay Storonsky’s decision to switch his residency from the UK to the UAE highlights a growing trend among fintech leaders seeking favorable business environments. This relocation reflects evolving regulatory landscapes and a strategic pivot towards markets that offer greater opportunities for growth. As the UAE establishes itself as a financial technology hub, such moves may pave the way for innovation and investment in the sector.
India Enhances UPI Payments with Biometric Authentication
Discover how biometrics will transform the security landscape of digital transactions in India.
Highlights:
Introduction of biometric authentication for added security in UPI payments.
Enhanced user trust and protection against fraud in digital transactions.
Aim to increase the convenience and accessibility of mobile payment systems.
India’s adoption of biometric authentication for UPI payments marks a significant shift towards more secure digital transactions. This innovative move aims to safeguard users against fraud while enhancing the overall experience of mobile payments. As more people turn to digital banking, this step is expected to foster greater confidence in financial transactions. The integration of biometrics represents a pivotal development in India’s rapidly growing digital payment ecosystem.
OpenAI’s Strategic Acquisition of an AI-Powered Personal Investing App
Exploring the Impact of OpenAI on the Future of Personal Finance and Investment Strategies
Highlights:
OpenAI has acquired an innovative AI-powered personal investing application.
The acquisition is expected to enhance OpenAI’s offerings in the financial technology sector.
This move signifies a growing trend of integrating AI into personal investment strategies for consumers.
OpenAI’s recent acquisition of an AI-powered personal investing app marks a significant advancement in the integration of artificial intelligence within financial technology. This strategic move is anticipated to improve user experiences in personal finance by providing tailored investment strategies. The collaboration is expected to not only bolster OpenAI’s products but also to influence broader trends in how technology is reshaping personal investments. As AI continues to evolve, consumers may benefit from more sophisticated financial decision-making tools.
Feedzai’s Valuation Soars to $2B After $75M Series E Injection
Fraud prevention fintech Feedzai raises $75 million in Series E funding, pushing its valuation past $2 billion and fueling its expansion in global markets.
Highlights:
Feedzai raises $75 million in a Series E round, driving its valuation above $2 billion.
The new capital supports scaling of its AI-based fraud and risk detection solutions across new geographies.
The round brings in both new and existing investors, reflecting strong confidence in Feedzai’s technology and growth trajectory.
Summary:
Portuguese fintech Feedzai, a leader in fraud prevention and risk analytics, has secured $75 million in a Series E funding round, pushing its valuation above $2 billion. The company builds AI and machine learning tools to detect fraudulent payment activity in real time across financial services, retail, and e-commerce markets.
This fresh capital will be used to expand Feedzai’s reach into new global markets, enhance its product capabilities, and strengthen infrastructure to support growing demand. Existing backers and new institutional investors participated in the round, signaling strong market belief in Feedzai’s technology and long-term vision.
Feedzai’s growth journey began with its founding in 2011. It became a unicorn after its $200 million Series D round in 2021, crossing a $1 billion valuation. With this latest financing, Feedzai stands poised to deepen its leadership in fraud and risk detection globally.
ECB Selects Almaviva & Fabrick to Develop App & SDK for Digital Euro
Almaviva and Fabrick awarded framework agreement by ECB to build the official Digital Euro mobile app, supporting SDKs/APIs and EU-wide integration under a €153 million contract.
Highlights
Almaviva SpA and Fabrick SpA won top rank in an ECB tender to develop the app and software development kit (SDK)/APIs for the digital euro.
The framework agreement is worth up to €153 million, initially for four years, with possible extension up to ten.
The app will enable European citizens to use the digital euro via smartphones, tablets, or smartwatches, with uniform, secure features, while also allowing third-party payment providers to integrate through the SDKs/APIs.
Summary :
The European Central Bank (ECB) has selected Almaviva SpA and Fabrick SpA to develop the app and supporting technical infrastructure (SDKs and APIs) for the proposed Digital Euro. Under a framework contract valued up to €153 million, this joint venture is tasked with building a mobile-friendly application that will allow citizens across the EU to make digital euro payments on smartphones, tablets, and smartwatches.
The agreement runs initially for four years, during which use cases will be gradually rolled out. If extended, the contract can last up to ten years to provide full functionality, broad usage support, and maintenance. The project forms part of the ECB’s preparation phase toward launching the digital euro, subject to legislation (the Digital Euro Regulation) and further Governing Council decisions. The digital euro is intended to complement cash, not replace it, with a strong emphasis on inclusivity, security, and interoperability within the EU payments ecosystem.
NatWest Invests in JS Group for Enhanced Student Financial Support
Transforming Student Financial Futures with Innovative Solutions
Highlights:
NatWest’s significant investment into JS Group aims to bolster financial support for students.
The partnership focuses on developing tools to facilitate better financial management for students.
JS Group’s expertise in financial technology is expected to enhance the accessibility of financial resources.
NatWest’s recent investment in JS Group signifies a commitment to improving financial solutions for students. This collaboration is set to create innovative tools that will empower students in managing their finances effectively. By leveraging JS Group’s financial technology, NatWest aims to ensure that students have better access to vital financial support during their educational journeys. This initiative highlights the growing importance of tailored financial services in the education sector.
Moody’s Warns: Sluggish AI Adoption Might Diminish Margins and Market Share
Understanding the Impact of Delayed AI Integration on Business Growth and Competitiveness
Highlights:
Moody’s emphasizes the risks associated with slow AI integration in businesses.
Delayed adoption of AI technologies could lead to reduced profit margins.
Companies failing to adapt may lose market share to more innovative competitors.
Moody’s has raised concerns regarding the implications of slow adoption of AI technologies, suggesting that businesses may face shrinking margins and diminished market share if they fail to keep pace with AI advancements. The report highlights that organizations that delay integrating AI are at risk of falling behind competitors who embrace these innovations. As the demand for efficiency and competitiveness increases, timely AI adoption could be critical for maintaining a robust market position.
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