Tag : News

Xelix secures $160 million Series B to advance agentic AI innovation in Accounts Payable
Artificial Intelligence Finance Fintech News

Xelix secures $160 million Series B to advance agentic AI innovation in Accounts Payable

PR Newswire
Xelix, a leading agentic AI software company in the Accounts Payable (AP) space, today announced a $160 million Series B funding round led by global software investor Insight Partners, with follow-on investments from Passion Capital and LocalGlobe. This funding will enable Xelix to accelerate platform development and support more organizations in adopting......
Alix Secures $20M Series A to Transform Estate Settlement
Finance Fintech Investments News

Alix Secures $20M Series A to Transform Estate Settlement

Business Wire
New financing from Acrew, Charles Schwab, and Edward Jones Ventures will bolster the company’s AI strategy and supercharge growth Alix, a first-of-its-kind wealth transfer platform, today announced a $20 million Series A funding round from Acrew Capital, Charles Schwab and Edward Jones Ventures. Existing investors Initialized Capital, Scribble, Magnify, Ziegler......
Bitget Wallet Integrates Plasma Network to Expand Stablecoin Payment Access
Cryptocurrency Finance Fintech News

Bitget Wallet Integrates Plasma Network to Expand Stablecoin Payment Access

GlobeNewswire
Bitget Wallet, the leading non-custodial crypto wallet, has become the first crypto wallet to integrate direct access to Plasma, a new Layer 1 blockchain network designed to support stablecoin-based transactions. The integration allows users to connect to the Plasma testnet directly within the wallet app, enabling early access to its......
Fraud.net Expands Global Reach Across the Middle East and APAC
Finance Fintech News Risk Management

Fraud.net Expands Global Reach Across the Middle East and APAC

PR Newswire
Expanded regional support strengthens Fraud.net’s client infrastructure. Fraud.net, a leading provider of digital risk management solutions, announces the expansion of its service availability to Singapore and the United Arab Emirates (UAE), adding new cloud infrastructure to power wider support within the Middle East and Asia Pacific regions. This addition significantly strengthens Fraud.net’s global presence, extending its already robust regional coverage......
AlgoFusion 5.0 Introduces Real-Time Risk Alerts and Adaptive Control Features
Finance Fintech News Risk Management

AlgoFusion 5.0 Introduces Real-Time Risk Alerts and Adaptive Control Features

Cision PRWeb
AlgoFusion 5.0 strengthens portfolio resilience with live drawdown monitoring, dynamic filters, and responsive logic adjustment tools. AlgoFusion 5.0 has introduced a suite of real-time risk management enhancements designed to help traders and portfolio teams identify threats early, mitigate performance shocks, and maintain logic integrity under volatile conditions. The platform’s newest......
ActOne Group introduces AI-enabled Process Automation Platform - Assembly Orchestration
Artificial Intelligence Finance Fintech News

ActOne Group introduces AI-enabled Process Automation Platform – Assembly Orchestration

EIN Presswire
Business outcomes are transformed with AI Agents and human workforce on a unified platform. ActOne Group’s strategic investment in Assembly Industries is transforming how enterprises achieve business results, shifting from traditional ‘who to hire’ decisions to ‘what work needs to get done’ – a powerful combination of AI automation and......
New AvidXchange Report Shows Finance Teams More Prepared Than in 2020—But Still Investing to Weather Uncertainty
Finance Fintech News Robotic Process Automation

New AvidXchange Report Shows Finance Teams More Prepared Than in 2020—But Still Investing to Weather Uncertainty

GlobeNewswire
AvidXchange, Inc. a leading provider in accounts payable (AP) automation software and payment solutions for mid-market businesses and their suppliers, today announced the results of its 2025 Economic Sentiment Survey, conducted via Pollfish. The survey of 709 finance professionals reveals a key shift: 67% feel more prepared to handle today’s......
Citi and Ant International Pilot AI-Enabled Forecasting Solution to Enhance FX Risk Management for Airline Customers
Artificial Intelligence Finance Fintech News Risk Management

Citi and Ant International Pilot AI-Enabled Forecasting Solution to Enhance FX Risk Management for Airline Customers

Business Wire
Ant International’s Falcon TST Model will give Citi’s clients an improved FX risk management solution when selling through e-commerce channels. Pilot airline customer of the jointly-developed solution has already seen a cost reduction in their Fixed FX Rates hedging programme for online ticket sales. Citi and Ant International announced today......
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