Explore the latest and most pertinent fintech news in our weekly digest. Stay informed as we continuously update this post with breaking news throughout the week. Check back for real-time updates on how the fintech landscape evolves this week.
Lending
Moody’s Analytics partners with Numerated to boost its lending capacity.
Welsh, Carson, Anderson & Stowe to acquire EquiLend.
LoanDepot experiences cyberattack with 16.6 million customers’ personal information stolen.
Payments
Mastercard and The Clearing House announce an extension of their real-time payments partnership.
International payments and digital card platform BlinkSky secures $1.5 million in funding.
Bluefin announces global availability of PCI validated P2PE SmartPOS payment devices.
Thomson Reuters fronts $626 million cash bid for Pagero.
Viamericas partners with 24Xoro to expand real-time cross-border remittances to Mexico.
Visa inks partnership with Pesaflow to offer customers in Kenya better access to digital payment solutions.
Torpago and Marqeta launch Sunwest Bank’s Visionary card program.
Chris Cordes is named Head of People at ClassWallet.
Members of Fiserv’s uChoose Rewards program can now use their card rewards balances towards fuel purchases at bp and Amoco stations.
Mondu raises additional €30 million in debt financing from German bank Vereinigte Volksbank Raiffeisenbank.
Regtech
Regtech solution provider AQMetrics partners with CMC Markets.
European digital banking provider Satchel taps regtech AMLYZE to enhance its compliance standards.
Identity management
Automated identity verification specialist Onfido launches its Compliance Suite.
Identity security platform Silverfort secures $116 million in Series D funding at a valuation “around $1 billion”.
ATB Ventures’ Oliu teams up with Flinks to deliver frictionless digital ID verification using bank connectivity.
SF Fire Credit Union deploys Illuma’s Illuma Shield voice verification technology in its call center.
Digital banking
Varo to offer free tax prep and filing.
Pinwheel adds to its direct deposit solution courtesy of a partnership with Jack Henry.
Grow Financial Federal Credit Union streamlines, enhances self-service banking through partnership with NCR Atleos.
CSI appoints Roxanne Martinez as Chief People Officer.
Jack Henry’s Banno unveils Banno Business, a business banking solution for community and regional financial institutions.
Challenger banking
Starling Bank unveils new brand platform, The Bank Built for You.
Wealth management
Personal finance hub Plannix partners with open banking solution provider Salt Edge.
Objectway acquires digital wealth solutions provider Nest Wealth.
TIFIN announces the spin-off of TIFIN AG, an AI platform to help wealth enterprises drive net new assets.
Digital investment and wealth planning firm Marstone raises an $8 million Series B financing round led by Mendon Venture Partners and South Rose Capital.
Insurtech
Ansel, the insurtech previously known as Brella, raises $20 million in funding in a round led by Portage.
Cybersecurity/Fraud Prevention
Fraud prevention and AML platform SEON introduces new Chief Technology Officer Björn Heckel.
Fenergo appoints Andrew Brandman as Chief Customer Officer.