This week’s Fintech Rundown begins with a handful of stories about partnerships in wealth management and lending, as well as moves by banks to bolster their fraud prevention capabilities. Check back all week long for updates and more fintech news!
Wealth management & investing
1 fs Wealth, a global wealth intelligence provider, announces a strategic partnership with Apex Group.
OneChronos secures $32 million.
Lending & credit
Secured finance technology provider Lendscape teams up with Express Trade Capital.
Arc launches AI platform for private credit industry.
Fraud prevention
CommBank introduces three new security features on its app to help users defend themselves against scams.
Westpac unveils new resources — Westpac Verify and SaferPay — to make it easier for customers to report fraud.
Finix and Sift introduce advanced fraud monitoring, enabling no-code, AI-powered transaction security.
Digital banking
Vietnam’s Maritime Commercial Joint Stock Bank deploys Backbase’s Engagement Banking Platform.
Santander’s Openbank debuts in Mexico.
Crypto
Acuity Trading forges strategic partnership with multi-licensed broker, OneRoyal.
Xapo Bank introduces bitcoin beneficiary solution.
Payments & cards
TransferTo inks Memorandum of Understanding with pan-African financial institution, Ecobank Group.
Payment processing platform Solidgate launches its AI Dispute Representment solution to automate the dispute management process
Trust Payments introduces new Chief Executive Officer Laurence Booth.
U.S. Bank launches new travel booking platform for its cardholders to reserve hotels, flights and rental cars.
Priceline selects Affirm as its pay-over-time provider for Priceline Partner Solutions.
ValidiFI selected by PDI Technologies to Streamline Pay-by-Bank Enrollments with Consumer Choice.
PayPal to allow partners to use its stablecoin, PayPal USD, to settle cross-border money transfers made with Xoom.
ValidiFI selected by PDI Technologies to streamline pay-by-bank enrollments.
Worldpay partners with Mastercard to introduce virtual card program for travel agents.
Factor4 partners with InComm to deliver integrated gift card solutions.
Nayax launches automated self-service in El Salvador.
Pomelo launches secure international money transfer product.
Insurance
Luma Financial Technologies and iPipeline collaborate to streamline annuity and life insurance solutions for financial advisors and agents.
Small business financial management
Enigma launches small business financial health data on Databricks marketplace.
Fiserv and ADP team up to empower small business success.