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Today’s environment of ever-changing regulations and technological developments in AI is making it difficult for banks to stay on top of AI compliance. To help banks manage these challenges, Experian is integrating its Ascend Platform with AI governance and risk management platform ValidMind. Experian Ascend helps organizations make better decisions by providing them with access Read more…
Fenergo and PwC have announced a new partnership that will help put Fenergo’s AI-powered Client Lifecycle Management (CLM) and Know Your Customer (KYC) solutions in the hands of more financial institutions. The combination of PwC’s financial crime expertise with Fenergo’s AI-powered CLM technology into a single offering will make it easier for financial institutions to Read more…
A newly announced strategic partnership between Backbase and Feedzai aims to bring advanced financial crime prevention technology to engagement banking. The integration of Feedzai’s Digital Trust solutions with Backbase’s Engagement Banking Platform will empower financial institutions to fight fraud more effectively while preserving the customer experience. Feedzai’s Digital Trust platform analyzes user behavior, device health, Read more…
This week’s edition of Finovate Global looks at recent fintech news and headlines from Australia. Digital private equity manager Moonfare goes live in Australia Eligible investors in Australia stand to benefit from the arrival of digital private equity investing platform Moonfare. The Berlin-based company announced that it is bringing its wealth management technology to what Read more…
Personetics announced a range of new features for its AI-powered flagship solution, Personetics Engage, this week. The new features are designed to help financial institutions create personalized digital experiences for their customers that empower and motivate them to better manage their finances. “Financial institutions today need solutions that go beyond basic personalization and static insights,” Read more…
What makes an address “special”? This year at FinovateEurope 2025, the designation is going to speakers addressing an especially wide range of topics — from AI to quantum computing. Some of the presentations we’re highlighting today will be on the mainstage at FinovateEurope. Others will be offered as part of our focused tracks examining topics Read more…
A newly announced partnership between Algebrik and Plaid will bring seamless identity verification, financial data access, and better decision-making to lenders, banks, and credit unions. Algebrik is the company behind the world’s first, cloud-native, AI-powered, digital Loan Origination Platform (LOS). By integrating Plaid’s consumer-permissioned data, the company will be able to help its financial institution Read more…
One month after announcing its partnership with Tandem Bank, customer verification automation company Sikoia reports that it is working with Simple Financial Planning (Simple) to bring AI-driven automation to broker workflows. Simple will embed Sikoia’s document processing technology into its CRM platform to save time, boost accuracy, and enhance compliance. “Together, we’re not just enhancing Read more…
Financial crime compliance solutions company Napier AI has received a majority growth investment from Marlin Equity Partners. The amount of the investment was undisclosed, but will be added to Napier’s $55.8 million in existing funds from the company’s 2024 round. “The Napier AI team impressed us with their strategic and innovative product offering, and dedicated customer Read more…
Cross-border stablecoin payments company Cedar Money announced this week that it has raised $9.9 million in Seed funding. This initial investment round was led by QED Investors. North Island Ventures, Wischoff Ventures, Lattice, and Stellar also participated. The Israel-based company was founded in 2022 to enable efficient business-to-business money transfers across geographies. Because it leverages stablecoins, Read more…
At FinovateFall last year, we heard plenty of analysts and industry experts say that AI agents are going to replace generative AI on the hype scale. That’s because AI agents, or agentic AI, have the capability to perform tasks, not just generate information. It is this differentiator that has the potential to create a great Read more…
California-based Clutch recently announced it raised $65 million in Series B funds. The round, which boosts Clutch’s total raised to more than $106 million, was led by Alkeon Capital Management with participation from Andreessen Horowitz, TruStage Ventures, and Peterson Partners. Clutch was founded in 2020, the year that started financial services’ digital transformation wave. With Read more…