Financial institutions stories
US fintech Ramp is buying Stockholm-based Billhop to plug its AI finance platform into Billhop's European payments rails and licences.
Modern Treasury joins Mastercard's Crypto Partner Program to power fiat-crypto on/off-ramps and cross-border blockchain payment flows.
Cryptio raises USD $45m Series B to scale its digital asset ERP platform for banks, auditors and tokenisation firms handling on-chain data.
AI-fuelled scams help push illicit finance to an estimated USD $4.4 trillion in 2025, with fraud losses hitting USD $579.4 billion.
Forward Edge-AI unveils a seven-phase post-quantum crypto playbook, giving regulators and critical sectors a 12-month migration roadmap.
Finastra is embedding FraudAverse's AI-driven fraud checks into its Financial Messaging platform to secure real-time global and instant payments.
Creditinfo launches fraud and AML platform in Uganda, targeting rising digital payment risks and bolstering banks' compliance tools.
Fintech integrators turn to Melissa's real-time, trusted data layer to sharpen KYB checks, slash onboarding friction and cut synthetic fraud.
Mastercard launches Global Commerce Suite in Hong Kong, targeting SME cross-border payments as Asia Pacific digital trade surges.
Mastercard launches its Virtual C-Suite AI agents, starting with a Virtual CFO, to give small firms automated executive-style insights.
Cross-border payments are failing despite accurate addresses, exposing a GBP £94 billion data and identity gap banks can no longer ignore.
Wealth data specialist Flanks hires Nawaz Mucadam to spearhead UK, Ireland and Middle East expansion amid rising demand for robust data tools.
Temenos wins Microsoft AI Cloud partner status for its Azure-native core banking SaaS, boosting co-sell options and bank modernisation plans.
Fathom has deepened its partnership with AXA Climate's Altitude platform to embed richer probabilistic flood and terrain data for investors.
Mozark secures USD $40m Series B to expand its AI-era digital testing platform and deepen global reach across enterprises and governments.
Empower FCU picks MANTL to streamline omnichannel account opening, targeting sub-10-minute sign-ups across digital and branch channels.
Elula hires Andrew Phillips as chief revenue officer to drive sales, partnerships and growth across its expanding AI-led financial services push.
MANTL and MeridianLink are partnering to integrate digital loan applications with back-end origination, targeting banks and credit unions.
AI-boosted scams piggybacking on tariff and cost-of-living fears are eroding Canadians' trust in everyday digital messages, Interac warns.
UK unveils expanded fraud strategy, pledging GBP £250m and a GBP £30m Online Crime Centre to target fast-moving online and overseas scams.