May 23, 2025 @ 4:26 pm By Omar Faridi  |  

Infosys Finacle, part of EdgeVerve Systems, a wholly-owned subsidiary of Infosys, and Bank of Sydney (BoS), announced the bank’s decision to select the Infosys Finacle Digital Banking Suite to power its transformation. Through this strategic collaboration, Bank of Sydney aims to “deliver a best-in-class staff and… Read More

 Tagged bank of sydney, banking, digitalization, infosys

May 23, 2025 @ 12:39 pm By Omar Faridi  |  

Azentio Software, a technology enabler in the BFSI space, announces the launch of its Amlock anti-money laundering (AML) platform, bringing capabilities to financial institutions in the fight against financial crime. Enabled by advanced AI and machine learning, Amlock is “designed to significantly improve detection accuracy,… Read More

 Tagged ai, aml, azentio software, regtech

May 23, 2025 @ 10:33 am By Omar Faridi  |  

TD Bank, one of Canada’s financial institutions, has revealed plans to reduce its workforce by approximately 2%, affecting around 2,000 employees, as part of a broader restructuring effort focused on digital transformation and artificial intelligence (AI). The announcement, made under the leadership of newly appointed… Read More

 Tagged canada, financial institutions, layoffs, td bank

May 23, 2025 @ 10:14 am By Michael Wong  |  

StackHawk, a shift-left API security platform, has raised $12 million in additional funding from Sapphire and Costanoa Ventures to accelerate its efforts in securing software built with AI-assisted development tools. The latest investment brings the company’s total funding to $47.3 million. The funding will be… Read More

 Tagged api, Costanoa Ventures, cyber, sapphire, StackHawk

May 23, 2025 @ 7:30 am By Omar Faridi  |  

Quant, a global firm focused on fintech solution and innovation, announces the rollout of Quant Flow, a programmable money and banking infrastructure now available via a white-label solution “to banks, institutions and corporates across Europe, the Middle East, and APAC.” Quant Flow was developed in… Read More

 Tagged cbdcs, digital currencies, programmable money, quant

May 23, 2025 @ 7:27 am By Omar Faridi  |  

SimCorp, a global enabler of financial technology, and Clearstream, the post-trade business for the global markets, have launched a partnership to incorporate Clearstream’s post-trade offering in SimCorp’s integrated, front-to-back investment platform SimCorp One. Both SimCorp and Clearstream are members of Deutsche Börse Group. SimCorp’s clients… Read More

 Tagged clearstream, deutsche börse, germany, simcorp

May 23, 2025 @ 7:26 am By Omar Faridi  |  

GenTwo, a Swiss Fintech specializing in the securitization of bankable and non-bankable assets, and Sygnum, a global digital asset banking group, have announced a joint offering that creates a streamlined pathway for financial institutions to bring crypto investment products to market. The joint solution combines… Read More

 Tagged banking, digital assets, europe, sygnum bank

May 23, 2025 @ 7:24 am By Omar Faridi  |  

German fintech Aufinity Group announces the completion of a Series C funding of 26 million US-Dollars. The round is led by BlackFin Capital Partners, a European private equity firm focused exclusively on financial services buyouts and fintechs. Existing investors PayPal Ventures and Seaya Ventures are… Read More

 Tagged aufinity, europe, funding round, germany

May 23, 2025 @ 6:08 am By Tony Zerucha  |  

Greenlight, a money and safety app for families, has launched Family Shield, its newest subscription plan designed to help caregivers protect seniors from financial fraud and ensure their physical safety. Family Shield streamlines financial account monitoring and alerts, provides protections against fraud (including deceptive transfer… Read More

 Tagged elder abuse, Family Shield, financial fraud, greenlight, tim sheehan

May 22, 2025 @ 6:18 pm By Omar Faridi  |  

IBM (NYSE: IBM) announces its collaboration with Pan Asia Banking Corporation PLC of Sri Lanka to modernize the bank’s digital infrastructure and deliver faster, more secure banking services across Sri Lanka. Banks in Sri Lanka are undergoing transformations to meet “the needs of new and… Read More

 Tagged digital transformation, ibm, sri lanka