Month : June 2024

Sumsub and Finastra Partner to Strengthen Banking Industry Compliance
Banking Compliance management News

Sumsub and Finastra Partner to Strengthen Banking Industry Compliance

PR Newswire
Sumsub secures long-term partnership with Finastra, jointly enabling banking clients to adopt Sumsub’s compliance and anti-fraud solutions Sumsub, a global full-cycle verification platform, is partnering with Finastra, a global provider of financial software applications and marketplaces, to support financial institutions worldwide with their compliance processes. Finastra and Sumsub will collaborate on mutual projects,......
Ternary Elevates FinOps With New Optimization and Forecasting Capabilities for Enhanced Cloud Cost Efficiency
Finance Fintech News

Ternary Elevates FinOps With New Optimization and Forecasting Capabilities for Enhanced Cloud Cost Efficiency

PR Newswire
At FinOps X, the annual conference for FinOps practitioners, the company unveils Microsoft Azure optimization, enhanced forecasting, and new MSP capabilities At FinOps X, the industry conference for FinOps practitioners, Ternary today launched new capabilities to help improve cloud cost and usage efficiency and further drive cloud cost transparency across organizations. Additionally, Ternary......
Artificial Intelligence Finance Fintech Guest Posts Risk Management Security

Boosting AI Trustworthiness in Financial Services

Jans Aasman
By Dr. Jans Aasman, CEO of Franz, Inc. As a cognitive scientist with decades of immersion in various AI technologies, including speech and natural language understanding, machine-based learning, and rule-based decision-making, I’ve seen the ebbs and flows of AI development. Amidst this journey, the advent of ChatGPT and other generative AI......
Fintech360 Partners with FUGU to Elevate Fintech Security Measures
Fintech News Security

Fintech360 Partners with FUGU to Elevate Fintech Security Measures

GlobeNewswire
With Digital Fraud on the Rise, Top Fintech Providers Step Up to Ensure Client Security Recently, Fintech360 announced its cooperation with FUGU and launched innovative solutions for fintech security. In recent years, fintech has revolutionized the way users manage their finances. From instant digital payments and online banking to cryptocurrency......
Brazilian Fintech Celcoin Announces US$125 Million Investment Led by Summit Partners
Investment Services News

Brazilian Fintech Celcoin Announces US$125 Million Investment Led by Summit Partners

Business Wire
Global growth equity firm partners with Celcoin to support its continued expansion and commitment to expanding financial access for Brazilian consumers Celcoin, a leading company in the Banking as a Service (BaaS) financial technology market, announced a US$125 million investment led by global growth equity investor Summit Partners. Summit has......
Gen Z Is 65% Less Likely Than Boomers to Turn to Financial Professionals First for Advice
Fintech News

Gen Z Is 65% Less Likely Than Boomers to Turn to Financial Professionals First for Advice

PR Newswire
New Policygenius survey shows stark differences in where Americans turn when they need money advice Americans have plenty of choices when it comes to where they get financial advice, from websites and social media influencers to professional experts like CFPs, CFAs, and CPAs. New data released today shows that more than......
Amplify Life Insurance Secures $20M Series B Funding to Offer Tax-Efficient Financial Wellness to an Underserved Market
InsurTech News

Amplify Life Insurance Secures $20M Series B Funding to Offer Tax-Efficient Financial Wellness to an Underserved Market

PR Newswire
Amplify Life Insurance, a leading digital platform revolutionizing wealth-building through permanent life insurance, announced it has secured $20M in a Series B funding round co-led by Crosslink Capital and Anthemis. New investors Moneta Ventures and Evolution Ventures joined the round, with continued support from existing investors Greycroft, Munich Re Ventures, and......
Abacus Group Acquires Tribeca to Continue its Growth in the UK Financial Services Sector
Finance Fintech

Abacus Group Acquires Tribeca to Continue its Growth in the UK Financial Services Sector

Business Wire
Tribeca’s proven success in financial services to be strengthened further with Abacus Group’s specialist expertise and cybersecurity offerings Abacus Group, a leading IT Managed Services Provider (“MSP”) to financial services firms globally, today announced it has acquired Tribeca Technology Group (Tribeca), a UK-based IT MSP also serving the financial services......
Mexican Fintech Unicorn Clip Announces US$100 Million Investment
Digital Payments Fintech Investments

Mexican Fintech Unicorn Clip Announces US$100 Million Investment

PR Newswire
Clip, Mexico’s leading digital payments and commerce enablement platform, today announced that it has secured an investment round of US$100 million from investment funds managed by Morgan Stanley Tactical Value (“MSTV”) and from one of the largest, most experienced West-Coast mutual fund managers. The investment values Clip in line with the Series D round completed......
ZA Tech Rebrands as Peak3, Raises US$35M Series A led by EQT
Finance Fintech Investments News

ZA Tech Rebrands as Peak3, Raises US$35M Series A led by EQT

PR Newswire
ZA Tech, the next-generation insurance core system SaaS provider, has rebranded as Peak3. With the successful completion of its US$35 million Series A fundraising from EQT (lead investor) and Alpha JWC Ventures, Peak3 now accelerates its expansion in the EMEA region and investments in complementary data and AI solutions. In a market dominated by fragmented......
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