Smile ID, Mastercard Extend African Digital ID Partnership

Mastercard has extended its strategic commercial partnership with Smile ID, an identity verification provider in Africa, to accelerate the rollout of secure digital identity solutions across the continent. This partnership will enable banks, fintechs, mobile money operators and other enterprises to onboard new customers faster,… Read More

UK Finance Reports Increase in Brits Using Mobile Wallets

More than half of UK adults now use mobile wallets, according to a report from UK Finance. Recent figures from the Fintech and financial services industry trade body reveal how consumer behavior and payment habits in the UK continue to evolve and how they are… Read More

Wealthfront Submits Registration Statement for Proposed IPO

Wealthfront, a Fintech that claims to be “different” catering to digital natives, has filed an S-1 registration statement with the Securities and Exchnage Commission. The company plans to trade on the Nasdaq under the ticker symbol “WLTH.” Wealthfront joins a growing group of Fintechs that… Read More

Feedzai’s $75M Round Boosts Valuation Past $2B

Feedzai, an AI-native RiskOps platform for financial crime prevention, announced this week that it is now valued at more than $2 billion following an investment round of approximately $75 million. The new funding welcomes institutional investors Lince Capital, Iberis Capital, and Explorer Investments, with renewed… Read More

Precoro’s AI Assistant Targets Procurement Bottlenecks

Precoro, a procurement centralization and automation platform, today announced the launch of its AI Assistant, a native AI-powered chatbot that gives finance, procurement, and AP teams instant insights from their purchasing data. Instead of digging through dashboards or waiting on analysts, users can now simply… Read More

Jack Henry Announces Acquisition of Victor Technologies to Enhance PaaS Capabilities

Jack Henry & Associates Inc. (Nasdaq: JKHY) announced the acquisition of Victor Technologies, Inc., which is described as a cloud-native, API-first provider of innovative direct-to-core embedded payments solutions, from MVB Financial Corp. (Nasdaq: MVBF). The acquisition expands Jack Henry’s capabilities in the Payments-as-a-Service (PaaS) market,… Read More

DTCC to Increase Focus on Digital Assets Infrastructure with New Appointment

The Depository Trust & Clearing Corporation (DTCC), the post-trade market infrastructure for the global financial services industry, is now increasingly focused on the nascent digital assets industry. The  rise of DeFi and its convergence with TradFi is now pushing platforms and service providers to develop… Read More

Cboe Global Markets to Enhance Derivatives Operations with Key Appointments

Cboe Global Markets, Inc. (Cboe: CBOE), the world’s derivatives and securities exchange network, announced the appointment of two industry veterans to spearhead its Derivatives and Data businesses. Rob Hocking rejoins as Executive Vice President, Global Head of Derivatives, and Brian McElligott joins as Senior Vice… Read More

Wealthtech Addepar Expands Business Operations with Switzerland Office

Addepar, the tech and data platform serving investment professionals, announced the opening of its office in Geneva, marking its fourth dedicated presence across Europe and the Middle East markets and the latest step in the wealthtech company’s mission to connect the investment sector. This expansion… Read More

Scotland Unveils Investment Platform to Help Startups with Acquiring Financial Resources

Scotland has recently announced the launch of the Scottish Ecosystem Platform, the all-in-one, open-access platform offering granular data on its startup, scale-up, and private company ecosystem in an effort to secure international investment. This project, which is said to be a new collab between the… Read More

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