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Data analytics and consumer credit reporting company Experian is launching a new consumer reporting agency (CRA) called the Experian Cashflow Data Bureau. The new CRA's goal is to help banks leverage consumer-permissioned cash flow insights to support underwriting decisions.
The Experian Cashflow Data Bureau, which operates under the Fair Credit Reporting Act (FCRA), aims to help the nearly one-in-five consumers that lack access to credit or have damaged credit. Experian…
A newly announced partnership between identity and location intelligence firm GBG and behavioral and intent intelligence specialist Darwinium will help businesses determine whether the actions of a verified person or AI agent remain consistent with legitimate intent during the customer journey.
Effective fraud prevention requires more than verifying identity or assessing risk at a specific moment. Even when identities are determined to be legitimate, the activity itself may still present a fraud risk. This includes instances in which scammers manipulate verified customers into acting on the fraudster's behalf—a phenomenon that…
FinovateSpring is returning May 3 through 5, 2027. And while we're still months away from the spotlight shining on the demo stage, FinovateSpring 2027 is officially live. Registration is open, demo applications are being accepted, hotel bookings are available, and we're already gearing up for three days of fintech innovation in Southern California.
New venueNew this year, we'll be hosting FinovateSpring at the new Gaylord Pacific Resort & Convention Center in Chula Vista. The waterfront resort gives us more room to grow, along with plenty of outdoor space to take advantage of the Southern California weather.
The new location may be bigger and brighter, but the things that make FinovateSpring worth attending aren't changing.
Who will be thereFinovate consistently brings together decision-makers from across the financial services ecosystem. More than 1,200 attendees joined us at FinovateSpring this year, including:
800+ senior decision-makers 50% from banks and other financial…
What do banks and other financial institutions need to do in order to ensure that their investments in AI deliver as promised? Why has asking the hard questions and conducting thorough due diligence before implementation become critical to a successful AI deployment? What should banks expect from AI vendors and, importantly, what should banks expect from themselves to make these high-risk, high-reward partnerships work?
In this Finovate Podcast conversation, host Greg Palmer talks with Melissa Solis, CEO of Inbenta, to discuss how the conversation around AI adoption in financial services is evolving. Solis underscores how the focus has grown from pilot projects and explorations of "what's possible" to demands for AI-powered solutions and services that are "real and effective." Solis also candidly talks about the struggles many organizations have faced with failed deployments and vendors that did not meet expectations and shares her firm's partnership experience with Scious, whose…
Product discovery platform Constructor has partnered with Stripe to launch Agentic Checkout, an agentic commerce tool available to retailers that enables both human and agent shoppers to find and buy products via the Link by Stripe digital wallet or other payment methods all within a single location.
Constructor's Agentic Checkout is available to retailers within Constructor's AI Shopping Agent, a tool…
Trustly Holding AB announced that its parent company, Trustly, has received signed equity commitment letters of more than $40 million from Nordic Capital, Trustly's principal shareholder, and Alfvén & Didrikson, to fund a capital raise in the firm. The company will use the capital to fund the next stage of its growth strategy, accelerating the development of new products that will use AI to transform payments into intelligence that helps businesses win…
It's the first full week of October, which means it is officially Spooky Season. However, while there's lots of fintech news to catch up on this week, none of it is too scary. So take a peek at what fintechs are up to in this week’s list of the top fintech news. We’ll continue to update this post with news throughout the week.
Business financial managementBasware completes acquisition of Trustpair.
Agentic commerceConstructor launches agentic checkout powered by Stripe.
PaymentsVerifone launches new Commander products designed to help partners across convenience stores and gas stations grow.
Payments Canada welcomes six new members, including Nium.
Digital bankingEngine by Starling powers Tangerine Bank’s new business client offering.
Fraud and identityTrulioo strengthens identity verification for Fiserv clients across global markets.
Payment experience company PayNearMe unveiled its latest tool this week. The California-based company is launching an AI Servicing and Collections Agent, an AI agent to facilitate inbound self-service for consumers and outbound engagement about collections.
PayNearMe's new Agent calls and texts customers, answers inbound calls, and helps customers make or schedule payments, resolve payment issues, and address other account needs. While the tool can help automate much of the collections process, it can…
This week's edition of Finovate Global features the latest fintech news from Indonesia.
Digital financial platform DANA secures investmentIndonesian digital financial platform DANA has secured an investment from 01Fintech, the growth-stage fintech private equity arm of 01FGroup. Financial terms of the transaction were not disclosed.
A leading Indonesian digital e-wallet and financial services platform, DANA serves consumers, merchants, and financial institutions, providing digital payments, QRIS, money transfers, and AI-powered financial solutions. Founded in 2018 and headquartered in Jakarta, DANA supports millions of users in both metropolitan and non-metropolitan regions of the country, as well as micro, small, and medium enterprises (MSMEs), especially across Tier 2 to Tier 4 regions.
"We are pleased to welcome 01Fintech to DANA's journey," company Co-Founder and CEO Vince Iswara said. "Beyond capital, 01Fintech brings specialized fintech expertise, strategic regional connectivity, and a shared commitment to sustainable growth. Together, we remain focused on strengthening our…
Payment infrastructure fintech Stripe has agreed to acquire embedded finance platform Parafin. The move comes about a month after the California-based company acquired legal infrastructure startup Clerky, marking Stripe's third acquisition this year and its 24th overall. Financial terms of the agreement were undisclosed.
Founded in 2020, Parafin offers platforms like DoorDash, Gusto, Jobber, and Mindbody provide credit offerings for their small business customers. Since launch, the company has helped more than 60,000 businesses gain access to capital. In addition to…
For years the discourse on technological innovation in banking and financial services favored the fintechs. But is it possible that the ones best positioned to take advantage of the biggest technological revolution in decades—artificial intelligence—aren't bold, new fintech startups, but are instead banks and credit unions?
In this fascinating conversation with Rob Rooney, Co-Founder and CEO of Hyperlayer, we discuss what banks and credit unions can do to overcome the disadvantages of legacy technology, and how these financial institutions can leverage trust and community relationships to "win the future" of agentic finance and the agentic economy.
"Incumbents are very well positioned. They have the customers. They have the regulatory approvals. They have the breadth of products and, critically, they have the trust. They have to leverage those advantages and lean into the agentic economy. It's coming, but with the trust factor they can really be winners here."
https://www.youtube.com/watch?v=Gq4kTZETHZc&list=PLZS3s3f_02JU&index=3Rooney is…
EquiTrust Life Insurance Company announced a strategic partnership with life and annuity platform Sureify this week. The collaboration is designed to advance EquiTrust's digital transformation, modernizing the firm's technology infrastructure by connecting systems, enhancing the flow of data, and reducing operational complexity throughout the business.
At the center of the partnership, EquiTrust will deploy Sureify's CoreCONNECT platform, connecting its core systems via a single, modern integration layer that allows data to move internally with greater efficiency. CoreCONNECT will also help EquiTrust comply with data exchange standards set by the Insured Retirement Institute. The platform is designed to give distribution…