As part of the Eastern U.S. prepares to enjoy the total solar eclipse today, fintech enthusiasts can also eclipse the competition with the latest news and updates in the fintech world. Check back for real-time updates on how the fintech landscape evolves this week.
Payments
Business payments and financial platform Airwallex launches its Borderless Visa card in Canada.
Mexican BNPL provider Kueski introduces in-store mobile payment solution.
Urguayan fintech dLocal partners with payroll and payments platform Papaya Global.
International money movement company TerraPay secures Major Payment Institution (MPI) license from the Monetary Authority of Singapore (MAS).
ClearBank achieves first full year of profitability.
TransferGo raises $10 million, doubling its valuation.
Kyriba and Onyx by J.P. Morgan (Onyx) leverage the blockchain to streamline cross-border payments.
Arizona Financial Credit Union (AZFCU) selects NCR Atleos’ ATM as a Service (ATMaaS) to increase operational efficiencies within the self-service banking channel.
The Clearing House’s RTP experienced a record 76 million transactions valued at $42 billion in the first quarter of this year.
Fraud and security
NICE Actimize introduces new integrated, AI-driven fraud management platform.
Passwordless authentication specialist 1Kosmos appoints Christine Owen as Field CTO.
Enterprise AI solution provider SymphonyAI unveils its SensaAI for Sanctions offering.
Oracle introduces new AI-powered cloud service to enhance AML compliance for banks.
Canadian Coast Guard awards contract to Zighra.
Sprinto raises $20 million for compliance management.
Data management
Gen II Fund Services launches Sensr DataBridge to help private equity sponsors access crucial fund data.
Lending
Florida’s Space Coast Credit Union (SCCU) expands its partnership with MeridianLink.
Worth AI taps Equifax to help improve underwriting and risk management for small businesses.
Banking
Navy Federal Credit Union forms 7-year strategic partnership with Backbase.
Insurtech
Insurtech company bolt introduces its new North American CFO Matt More.
American Family Life Insurance Company partners with Munich Re Automation Solutions for its automated underwriting and analytics solution.
Lemonade launches homeowners insurance in France.
Regtech and compliance
Corlytics receives investment from Verdane for its compliance technology.
Wealthtech
Investment research platform Tegus launches its AI chat tool, AskTegus.
Open banking
Open banking powered account-to-account payment infrastructure provider Token.io introduces new Chief Commercial Officer Ronnie d’Arienzo, new Chief Financial Officer Tatiana Okhotina, and new Chief Operations Officer Tim Corke.
Atto, a credit risk solutions provider based in the U.K., teams up with analytics software firm FICO to bring open banking data into U.K. credit scoring.