1. Cloud-native Kubernetes will bridge the gap for GenAI workloads: “In many GenAI applications, enterprises will use RAG with proprietary data, which will often be confidential and sensitive. To address concerns around data security, privacy, and integrity, some will deploy GenAI in their local data… Read More
Read more in: General News, Featured Headlines, Fintech | Tagged 2025 predictions
Current, a consumer fintech banking platform transforming financial access for everyday Americans, announced steady growth in 2024 including an “over 90 percent increase in revenue.” Following this solid year, the company has secured $200 million in new capital to accelerate “growth and fast-track profitability in… Read More
Read more in: Fintech, General News | Tagged consumer fintech, current, funding round, us
Technology platform and bank Jiko announced closing a $29 million Series C funding round led by Upfront Ventures, with participation from Airbus Ventures, Red River West, Radicle Impact, and other undisclosed investors. The new capital strengthens Jiko’s position in the institutional and enterprise markets as… Read More
Read more in: Fintech | Tagged Airbus Ventures, digital bank, Jiko, upfront ventures
Sure has announced a partnership with CU Financial Group, LLC to launch SimpleQuote, a digital insurance solution enabling credit unions to offer their members seamless access to insurance. CUFG is a credit union service organization whose mission is to offer insurance products to credit union… Read More
Read more in: Global, Fintech, Insurtech | Tagged cu financial group, insurance, sure
Bitpanda has announced the launch of Bitpanda Fusion, which is described as the newest addition to Bitpanda’s product range that supports active crypto traders. As explained in the announcement, Bitpanda Fusion is said to be the natural evolution of Bitpanda, expanding their suite of products… Read More
Read more in: Blockchain & Digital Assets, Global, Investment Platforms and Marketplaces | Tagged bitpanda, digital assets, europe, trading
Fenergo, a provider of AI-powered solutions for Know Your Customer (KYC), Anti-money laundering (AML) transaction monitoring, and Client Lifecycle Management (CLM), reports a profit before tax of “€12.6 million and a 20% increase in software license growth” in its financial results for the year ending… Read More
Read more in: Regtech & Legaltech, Global | Tagged aml, fenergo, kyc, progress report, regtech
StartEngine, a full stack securities crowdfunding platform, is raising money for itself on its own platform. One of the key selling points to invest in the platform is its private deal room or StartEngine Private where investors can purchase securities in Reg D offerings. Typcially… Read More
Read more in: Offerings, Investment Platforms and Marketplaces | Tagged startengine
Card Industry Professionals – the Grimsby-based card payment solutions provider – has been acquired by Shift4, a US-based firm that is a global enabler of payments and commerce-enabling technology, listed on the New York Stock Exchange (NYSE:FOUR). The deal provides an exit for Mercia Ventures,… Read More
Read more in: Fintech, Global | Tagged card industry professionals, card payments, payments, Shift4, us
eBay and Klarna, the AI-powered global payments network and shopping assistant, have announced the expansion of their partnership to key European markets making Klarna’s Buy Now Pay Later (BNPL) payment options available to more eBay shoppers. The move gives eBay buyers more flexibility in how… Read More
Read more in: Fintech, Global | Tagged bnpl, buy now pay later, ebay, klarna
Salad Money says that its Salad Technologies, part of the Salad group, has been approved by the UK’s FCA as an official Account Information Services Provider (AISP). The accreditation means Salad can access applicants’ Open Banking data directly rather then through a licensed third party…. Read More
Read more in: General News, Fintech | Tagged aisp, fca, financial conduct authority, salad money, uk, united kingdom
Decentralized Bitcoin mining protocol Prosper has acquired over 7,000 ASIC miners from BITMAIN and completed a strategic funding round backed by Metalpha, Waterdrip Capital, BIT Mining, and Animoca Brands, according to an announcement. The acquisitions and funding aim to expand Prosper’s institutional-grade Bitcoin hashrate capacity… Read More
Read more in: Blockchain & Digital Assets, Global | Tagged bitcoin, bitmain, mining, prosper
Should the US Federal Reserve cut rates in December, it’ll be based on market pressure—not sound economic reasoning—and there will be no rate cuts in the first half of 2025, deVere Group CEO Nigel Green believes. His warning comes as the US Consumer Price Index… Read More
Read more in: General News, Opinion | Tagged devere group, inflation, interest rates, nigel green, perspective, us federal reserve
Goose Valley Ventures (GVV), a FinTech-focused VC firm supporting startups in the Nordic and Baltic regions, is pleased to announce its investment in Lithuanian FinTech Torus, an SaaS intelligence platform for banks and paytechs. With this investment, GVV underscores its commitment to backing startups that… Read More
Read more in: Fintech, Global | Tagged baltic regions, fintech adoption, goose valley ventures, nordics, saas, startups, torus
40Seas, a platform addressing trade finance and global accounts receivable management for SMEs, recently announced a new strategic partnership initiative geared towards alleviating the complexities of importing goods from China. The company has partnered with some sourcing agencies and e-commerce fulfillment platforms, including JingSourcing, Portless, NextSmartShip,… Read More
Read more in: Global, Asia, Featured Headlines, Fintech | Tagged 40seas, bnpl, china, Eyal Moldovan, Izzy Rosenzweig, logistics, Portless
This week, Independent Community Bankers of America president and CEO Rebeca Romero Rainey spoke out against the Consumer Financial Protection Bureau’s final rule on overdraft services. Despite the Consumer Financial Protection Bureau’s overdraft rule’s exemption for community banks under $10 billion in assets, Rainey said… Read More
Read more in: General News, Opinion, Politics, Legal & Regulation | Tagged cfpb, icba, independent community bankers of america, overdrafts, Rebeca Romero Rainey
Mesh Payments, an innovator in global travel and expense management, has joined forces with SoFi Bank as its sponsor bank and with Galileo Financial Technologies, a financial technology company owned by SoFi Technologies, Inc. (NASDAQ: SOFI) as its longtime payments processor. This partnership integrates Mesh… Read More
Read more in: Global, Fintech | Tagged galileo, galileo financial technologies, mesh payments, sofi, travel
Experian announced its 2024 Global Identity & Fraud Report that provides a view of the consumer and business response to the fraud patterns and fraud‑mitigation strategies in the financial services sector. The research study offers meaningful insights from more businesses and fraud prevention professionals, as… Read More
Read more in: Fintech, Artificial Intelligence, Global | Tagged experian, fraud, identity
Ireland’s Research, Development & Innovation (RDI) sector continues to drive growth and employment, but without funding it risks dependence on foreign technology and diminishing competitiveness, according to the Ireland’s Innovation Index Pulse Survey, which surveyed more than 500 Irish firms. IRDG and KPMG conducted Ireland’s… Read More
Read more in: Artificial Intelligence, Fintech, Global | Tagged europe, ireland, research
An analysis by decentralized trading firm ApeX shows that Solana tops the list of best 2024 investments. Apex analyzed the price performance of various investment options from 2020 to 2024 to identify the best-performing assets based on price change. The data was collected from Yahoo Finance… Read More
Read more in: Blockchain & Digital Assets, Investment Platforms and Marketplaces | Tagged ApeX Protocol, bae systems, google, meta, solana
CyberCube is pleased to announce a new partnership with St. Andrews Insurance Brokers, a retail brokerage based in Canada, to utilize CyberCube’s Broking Manager. This partnership will allow St. Andrews to model businesses’ potential cyber losses, allowing them to “protect their clients and win new… Read More
Read more in: Global, Insurtech | Tagged cybercube, insurance
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