Fintech Investments: BankTech Ventures Invests $13.5M in New Fintechs

BankTech Ventures, a strategic investment fund focused on enhancing community banks, announced today its continued commitment to community banks’ more vibrant futures with a total investment of $13.5 million in six fintech companies in the second half of 2023. BankTech has invested over $40 million… Read More

Fintech Profile Implements Axia Custody Solution at Liberum Wealth to Facilitate Management of Operations

Profile, a financial solutions provider, has announced the implementation of the Axia Custody solution at Liberum Wealth, in order “to advance and facilitate the management of their custody operations.” The solution enables the financial institution “to use advanced technology capabilities and significantly contributes to offering… Read More

Justin Orgel of Marigold: Industry Veteran Comments on Concerns Consumers Have Regarding Data Collection by Financial Institutions

We recently connected with Justin Orgel from Marigold, a global MarTech that works with over 40,000 brands and organizations worldwide to help them identify and create strong relationships with their customers. The company offers industry-tailored MarTech and loyalty solutions that support the entire customer lifecycle… Read More

Dublin Regtech Fenergo’s CLM Deployed by Generali Investments Holding to Strength Financial Crime Controls

Fenergo, the provider of digital solutions for Know Your Customer (KYC), Transaction Monitoring and Client Lifecycle Management (CLM), announced that Generali Investments Holding – holding company of Generali Investments’ ecosystem of asset management firms, with more than €504bn in assets under management (AUM) – is… Read More

UK’s PensionBee Comments on Long-Term Benefits of Saving Extra Income

Analysis by PensionBee, an online pension provider, has found that putting a pay rise in a pension now can “lead to a bigger rise in annual retirement income later on.” Regular pay including bonuses in the UK “rose 8.5% in the year to July 2023,… Read More

UK Fintech Platform TrueLayer Joins Stripe Payment Element for Streamlining Open Banking Payments

UK Fintech TrueLayer has joined Stripe’s Payment Element for supporting Open Banking payments. UK’s TrueLayer has reportedly become the first European Open Banking payment solution to be added to Stripe’s Payment Element. This partnership allows Stripe merchants in the United Kingdom and the EU to… Read More

Financial Crime: Majority of UK Adults Targeted by Scams – Report

The most common scams this year have been revealed – “with more than seven in 10 adults targeted by scams in the last 12 months, being hit on average three times each week – over 150 times a year.” Scams through digital platforms, social media… Read More

Nova Credit Secures $45M via Series C to Scale Cash Flow Underwriting, Verification Solutions

Nova Credit, the data analytics company enabling businesses to grow responsibly by harnessing alternative credit data, announced it raised $45 million in Series C funding. The capital helps Nova Credit to further broaden its product offering “beyond cross-border credit reporting and scale Cash AtlasTM, the… Read More

Stax Payments Acquires APPS, Expands Tech Stack to Provide Seamless Payment Processing Experience

Stax Payments, a payment technology provider, announced its acquisition of Atlantic-Pacific Processing Systems (APPS), creating an end-to-end, seamless payment processing platform. The integration of APPS marks “a significant expansion of Stax’s technology stack, giving partners and merchants flexible, customizable options for their payment processing needs… Read More

Banco de Credito del Peru Selects I2c for Digital Banking Services

Banco de Credito (BCP) in Peru has selected i2c for its digital banking services, according to a company statement. BCP is supported by Credicorp Ltd. (NYSE: BAP), the primary financial holding company in Peru. The bank has a presence in Chile, Colombia and Bolivia. i2c… Read More

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