Author : Business Wire

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Business Wire, a Berkshire Hathaway company, is the global leader in press release distribution and regulatory disclosure. Public relations, investor relations, public policy and marketing professionals rely on Business Wire for secure and accurate distribution of market-moving news and multimedia. Founded in 1961, Business Wire is a trusted source for news organizations, journalists, investment professionals and regulatory authorities, delivering news directly into editorial systems and leading online news sources via its multi-patented NX network. Business Wire’s global newsrooms are available to meet the needs of communications professionals and news media worldwide.

Grove Announces Launch of Institutional-Grade Credit Infrastructure DeFi Protocol with $1 Billion Allocation to Tokenized Janus Henderson Anemoy AAA CLO Strategy

Business Wire
Grove, Part of the Sky Ecosystem, Announced Industry’s Largest Allocation to a Tokenized Strategy Grove Labs Leverages Significant Experience Working Across Credit, DeFi, and Technology, to Develop Grove as the Gateway Between TradFi and DeFi Grove to Advance TradFi to DeFi Convergence by Bringing First CLO Strategy Onchain Grove, an institutional-grade credit......

BitGo Partners with Reown to Launch WalletConnect Integration to Deliver Seamless Institutional Access to DeFi

Business Wire
Strategic partnership streamlines connectivity between BitGo’s institutional-grade custody and the decentralized finance ecosystem BitGo, the leading infrastructure provider of digital asset solutions, announced the launch of its WalletConnect integration powered by Reown’s WalletKit SDK, enabling institutions to securely access decentralized applications (dApps) and the broader DeFi ecosystem directly from BitGo’s......

I&M Bank Partners with ThetaRay to Deploy Full Cognitive AI Financial Crime Compliance Platform Across East Africa

Business Wire
In a comprehensive regional rollout, ThetaRay’s end-to-end AML platform will be deployed across I&M Group, integrating screening, transaction monitoring, investigations, and reporting to enhance financial crime detection and regulatory readiness ThetaRay, a global leader in Cognitive AI financial crime compliance, today announced a landmark partnership with I&M Group PLC, a leading......

New Smarsh UK Survey Shows AI Adoption Surges in Financial Services—But Employees Demand Stronger Guardrails

Business Wire
Over a third of UK employees use AI tools often for work, however, nearly 70% would feel more confident if all AI outputs were captured and monitored for transparency Smarsh, the global leader in communications data and intelligence, reveals new research that highlights UK financial services employees’ perspectives on artificial......

Advanced Credit Risk Decisioning + Digital Identity Intelligence From GDS Link and Zumigo to Strengthen Defense Against Fraud

Business Wire
Collaboration between GDS Link and Zumigo fights complex identity fraud, preserves user experience and improves conversion Zumigo, a leading provider of mobile and digital identity risk signals, announced a collaboration with GDS Link, a globally recognized leader in credit risk decisioning, to strengthen front-end fraud detection while maintaining a seamless......

MetLife Partners with Sprout.ai to Accelerate Claims Automation Across Global Markets

Business Wire
Sprout.ai, an insurance automation specialist, today announced it has partnered with MetLife, a leading global insurer, to drive claims automation and deliver improved claims experiences. The collaboration, which spans multiple territories across the US, Asia and LATAM regions, is aimed at improving accuracy, speed and the overall customer experience. Sprout.ai’s purpose-built......

83% of Americans Are Worried About AI-Powered Fraud, but Many Also Trust AI to Help Stop It

Business Wire
Survey finds challenges and opportunities for financial institutions as consumers shift to digital transactions. A growing number of Americans are sounding the alarm on AI-driven fraud with many feeling unprepared and lacking adequate protections, according to a new survey from Abrigo, a leading provider of compliance, credit risk, and lending......

Tally Launches Crypto Clarity to Navigate America’s Evolving DeFi Regulatory Landscape

Business Wire
Tally, the leading software platform for onchain organizations, today announced the launch of Crypto Clarity, a comprehensive regulatory intelligence tool designed to help crypto founders and DeFi builders navigate America’s rapidly evolving regulatory environment. As the United States emerges as the global home for crypto innovation, Crypto Clarity ensures protocol......

Claira Raises $7 Million in Seed Funding to Revolutionize Deal Intelligence for Financial Institutions

Business Wire
Claira, an AI-powered Deal Intelligence platform for financial institutions, announces a successful close of $7 million seed funding round. The round was co-led by Barclays, Citi, and Reimagine Tech Ventures, with additional participation from Activant Capital, KDX, and OPCO Ventures. Claira is transforming the way private credit funds and financial......

Ideagen Acquires ConvergePoint to Strengthen Compliance and Policy Management Capability

Business Wire
Ideagen, a global leader iIdeagen, a global leader in software for regulated and high-compliance industries, today strengthened its policy management and productivity capabilities with the acquisition of ConvergePoint.n software for regulated and high-compliance industries, today strengthened its policy management and productivity capabilities with the acquisition of ConvergePoint. This marks another......
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