The week begins as banks, fintechs, and financial services companies alike work to recover from Friday’s historic IT outage.
Be sure to check back throughout the week as we continue to track the latest in fintech news and announcements.
Cybersecurity
BBVA inks agreement with Telefónica Tech; opens international cybersecurity center in Mexico.
Galileo Financial Technologies adds 3D Secure to bolster online fraud protection.
Identity verification
IDenfy launches automated bill verification tool for utilities.
Veriff enhances biometric authentication solution to prevent account takeover fraud.
Payments
International payment services company PXP Financial launches its Partner Portal.
Online payment service provider PayU GPO introduces new Chief Risk Officer Simona Covaliu.
ACI Worldwide extends its strategic partnership with Worldpay.
Payment processor and ledger infrastructure provider Episode Six announces that its issuer payment solution is now available on the AWS Marketplace.
Mobile payment solutions provider Boku introduces new Chief Financial Officer Rob Whittick.
Pay-by-Bank solutions company Aeropay launches its proprietary bank aggregator, Aerosync.
Accounting
Legaltech Clio unveils Clio Accounting, the latest addition to its suite of fintech offerings for legal professionals.
Investing and wealth management
Franklin Templeton partners with investment management, accounting, reporting, and analytics provider Clearwater Analytics.
Data management and operations technology provider Arcesium unveils its investment lifecycle management platform, Opterra.
AI and innovation wealth platform TIFIN announces international expansion to India and strategic investment from DSP Group.
Credit unions
Black Hills Federal Credit Union ($2.3 billion in assets) teams up with NCR Atleos’ ATM-as-a-Service and ITM-as-a-Service offerings.
Small business
AI-powered spend management platform Brex introduces new Chief Compliance Officer Sibongile Ngako.
Digital banking
Rabobank selects Zafin to power digital transformation efforts.