Blog - Page 45 of 1286

Gusto Taps SymphonyAI to Protect Small Businesses

By Julie Muhn (@julieschicktanz) Posted on November 12, 2025
Categories: Alumni News, Daily news, Gusto

Gusto is partnering with SymphonyAI to bring enterprise-grade financial crime protection to its 400,000+ small and mid-sized business clients. SymphonyAI’s risk intelligence platform gives Gusto’s clients faster detection, deeper visibility, and fewer false positives across fraud, AML, and sanctions monitoring. The partnership marks Gusto’s evolution beyond payroll, strengthening its risk management capabilities and expanding its role as a full-scale financial operations platform. Payroll, benefits, and HR management solutions company Gusto is bringing new benefits to its small business customers today. The California-based company is teaming up with SymphonyAI to offer its small business clients another tool to fight financial crime. SymphonyAI’s financial crime and risk intelligence platform offers financial crime detection, investigation, and reporting capabilities to more than 2,000 enterprise customers across the globe, including 200 of the top financial institutions. The tools give compliance teams a synchronized view of risk across fraud, AML, and sanctions. As a result, organizations benefit from…

Dotfile Teams Up with Trustfull to Tackle Synthetic Identity Fraud

By David Penn Posted on November 12, 2025
Categories: Alumni News, Dotfile

Business verification specialist Dotfile has teamed up with fraud prevention firm Trustfull. The partnership will integrate Trustfull's risk-scoring API within Dotfile's business verification platform to help businesses fight synthetic identity fraud. Headquartered in Paris, France, Dotfile demoed its technology at FinovateEurope 2024 in London. End-to-end business verification company Dotfile has partnered with fraud prevention firm Trustfull to help fight a synthetic fraud problem that analysts believe will cost businesses $23 billion by 2030. "As the lines between AML compliance and fraud prevention continue to blur, financial institutions are increasingly looking for integrated solutions to help them stay ahead of risk without compromising user experience," Dotfile CEO Vasco Alexandre said. "In Trustfull, we've found the ideal partner to meet that need. Our teams share a clear vision for secure, seamless onboarding and a deep commitment to customer-centricity, making our collaboration a success from day one." Synthetic identity fraud takes place when…

FintechOS and Finastra Forge Strategic Partnership to Modernize Account Originations

By David Penn Posted on November 11, 2025
Categories: Alumni News, Finastra, FintechOS

FintechOS and Finastra have forged a strategic partnership designed to modernize the account origination process for small businesses and consumers. The partnership will integrate the Finastra Phoenix core system and MalauzAI Digital Banking into the FintechOS platform. Finastra was formed via a merger between D+H Corporation and Finovate alum Misys in 2017. FintechOS has been a Finovate alum since FinovateFall 2021. A newly announced strategic partnership between FintechOS and Finastra will help modernize the account origination process for small businesses and consumers. The pact will integrate both the Finastra Phoenix core system and MalauzAI Digital Banking into the FintechOS platform to make the account opening process faster, easier, and more secure for both in-person and online applicants. "Our collaboration with Finastra is a direct response to the market's demand for faster innovation," FintechOS SVP of Growth Ash Govindia said. "By integrating our low-code digital onboarding and origination platform with Finastra's…

CB Insights on Insurtech in Q3: Deals Down, M&A Up

By David Penn Posted on November 10, 2025
Categories: David's column, Report series

CB Insights is out with its State of Insurtech Q3'25 report. The top takeaway? With the total number of deals down and merger and acquisition activity at record highs, the insurtech industry appears to be reorganizing to maximize the opportunities of scale, digital modernization, and market reach. Deals Down According to CB Insights' research, the number of insurtech deals dropped to its lowest level since the second quarter of 2016. Q3'25 featured 76 insurtech deals, 65% less than the industry's peak of 219 deals in the first quarter of 2021. In addition to the number of deals being down, the median insurtech deal size has also decreased on a year-to-date basis from $3.8 million in 2024 to $2.9 million in 2025. The report indicates that a diminished early-stage pipeline is to blame. Year-to-date, 60% of all deals have gone to early-stage startups, the lowest deal-share percentage since 2011. Lastly, the…

Fintech Rundown: A Rapid Review of Weekly News

By Julie Muhn (@julieschicktanz) Posted on November 10, 2025
Categories: Fintech Rundown

We have two more weeks until the holiday season slowdown, but the fintech news pulse is already beginning to slacken. So far this week, we're seeing a lot of news in the fraud and compliance spaces, as well as the payments subsector, with Visa and Mastercard reaching a revised $38 billion settlement with merchants. Here is some of the biggest news from this week so far. We’ll continue adding news to this post throughout the week, so stay tuned! Fraud and security Agent IQ enhances fraud prevention capabilities with integrated risk-based authentication platform from IDScan.net. P1FCU strengthens security and member experience with IllumaSHIELD's Voice Authentication. Compliance Solutions By Text launches its first customer with Rich Communication Services (RCS) messaging. Payments PayPal brings no-fee Buy Now Pay Later offering to Canada. Block enables Bitcoin payments for millions of Square sellers. Visa, Mastercard reach new swipe fee settlement with merchants. Back Office Digits…

Paystand Acquires Bitwage to Boost Stablecoin Settlement Capabilities

By Julie Muhn (@julieschicktanz) Posted on November 10, 2025
Categories: Alumni News, Daily news, Mergers & Acquisitions, PayStand

Paystand has acquired Bitwage to create a Global Autonomous Finance Network that combines accounts receivable, accounts payable, FX, and treasury management into one decentralized system. The deal strengthens Paystand’s stablecoin capabilities, enabling instant global payments, on-chain treasury management, and lower transaction costs for businesses operating across borders. As stablecoin adoption surges, today's deal validates that stablecoins are not speculative assets, but rather reliable, programmable payment instruments. Cloud-based billing and payment platform Paystand is acquiring blockchain payments company Bitwage this week. The California-based company will leverage Bitwage to build a Global Autonomous Finance Network to offer a decentralized, programmable foreign exchange and treasury engine. Bitwage was founded in 2014 and has since helped more than 90,000 workers and 4,500 businesses send and receive payments across almost 200 countries. The company facilitates stablecoins, bitcoin, and fiat currencies, linking both sides of the ledger in one programmable platform. Founded in 2013, Paystand was created to eliminate…

Glassbox Acquires Business Monitoring and Analytics Specialist Anodot

By David Penn Posted on November 10, 2025
Categories: Alumni News, Anodot, Mergers & Acquisitions

Digital experience analytics company Glassbox has acquired anomaly detection and business monitoring firm Anodot. Terms of the deal were not available. Glassbox will integrate Anodot's engine into its platform to help businesses monitor and better understand customer behavior. Founded in 2014 and headquartered in Virginia, Anodot made its Finovate debut at FinovateEurope 2022 in London. Digital experience analytics provider Glassbox announced its acquisition of Anodot, a provider of real-time anomaly detection and business monitoring. Terms of the acquisition were not disclosed. The integration of Anodot's engine will enable Glassbox to detect more granular shifts in user behavior in order to spot patterns across digital experiences. This will help the firm identify a range of behaviors that could impact the business, providing early warning of potential customer friction, system underperformance, or conversion declines. These insights will help product, UX, DevOps, and analytics teams make informed decisions and provide them with the…

Finovate Global Egypt: Investing in Digital Payments, Innovation, and Future Tech Talent

By David Penn Posted on November 7, 2025
Categories: Finovate Global

This week's edition of Finovate Global features the latest fintech news from Egypt. Fawry and Wadi Degla Partner to Offer Integrated Digital Payments A strategic partnership between leading Egyptian fintech Fawry and real estate development company Wadi Degla Developments will bring integrated digital payment solutions to Wadi Degla customers. Wadi Degla will leverage Fawry's online payment gateway and POS network, simplifying and accelerating payment processes, to enhance the customer experience and help drive digitization in the real estate sector. The alliance fortifies Fawry's status as a trusted technology partner for the country's real estate developers and underscores Wadi Degla's determination to increase operational efficiency and boost customer satisfaction. The partnership will also feature new value-added solutions including the Fawry Business Corporate Card and digital loyalty programs. "This partnership marks a key milestone in our mission to drive digital transformation across Egypt's vital real estate sector," Fawry Chief Business Officer Heba…

Modernizing Financial Systems: A Strategic Approach to Legacy Transformation and Fraud Prevention

By David Penn Posted on November 6, 2025
Categories: FinovateFall 2025, Interview

For financial institutions deciding on their modernization strategy, what are the options? Does legacy technology need to be abandoned immediately or entirely? Or are there ways that financial institutions can leverage the infrastructure they have while embracing areas where digital and other modern solutions can bring real efficiency gains? In this interview, I talk with Casey Ferguson, VP of Marketing at Zoot Enterprises, about the company's phased approach to modernizing financial systems, integrating legacy technology, and enhancing fraud prevention strategies. Ferguson explains why incremental progress, cross-functional collaboration, and layered fraud defenses are key to effective digital transformation. "At Zoot we look at modernization this way: It's not about tearing everything down. When you look at this kind of rip and replace mentality you've got to remember that it can be pretty risky, it can be very expensive, and it can be kind of slow, as well. When you think about…

Ripple Raises $500 Million on $40 Billion Valuation

By David Penn Posted on November 6, 2025
Categories: Alumni News, Funding, Ripple

Financial infrastructure and blockchain technology company Ripple has secured $500 million in new funding at a valuation of $40 billion. The funding comes at time of great activity for the San Francisco, California-based fintech, which has announced six acquisitions in the past two years and whose stablecoin, RLUSD, topped the $1 billion market capitalization mark this month. As OpenCoin, Ripple made its Finovate debut at FinovateSpring 2013. We shared this news in yesterday's Finovate weekly LinkedIn newsletter (subscribe if you haven't). But we're happy to share it with Finovate blog readers today. Financial infrastructure and blockchain technology company Ripple has raised $500 million in new funding, boosting the firm's valuation to $40 billion. The funding follows the company's recent $1 billion tender offer at the same valuation, and comes at a time of renewed interest in digital assets such as stablecoins and the growing importance of crypto services such as…