Tomorrow is Election Day in the US, and there are a number of high-profile contests in places like New York, New Jersey, and Virginia—the results of which are likely to dominate headlines over the next several days. For now, here in the fintech world, we’re seeing plenty of news in the fraud prevention and mortgagetech fronts, with new products and new partnerships on offer. We are also noticing an uptick in activity in the insurtech space, where AI-powered solutions to continue to make inroads.
Be sure to follow Finovate’s Fintech Rundown all week long for the latest updates in fintech news!
Fraud prevention and digital identity
AI transaction monitoring platform Flagright to power real-time transaction monitoring for online investment platform Webull.
TrustFinance announces global expansion of its financial company verification platform
Insurtech
AI automation firm Unitary launches its Virtual Agents for Insurance.
Digital solutions provider for the life insurance and financial services industry iPipeline introduces CHARLi, an AI foundation to enable L&A carriers and distributors to optimize workflows.
Crypto and Defi
Crypto tax compliance and accounting technology provider CoinTracker unveils Crypto Broker Tax Compliance Suite.
Payments
Saudi Arabian ATM provider Alhamrani Universal deploys Atombeam’s Neurpac SaaS solution to accelerate transmission of electronic payment transaction data.
Investing and wealth management
Prospero.ai renews its partnership with Finimize to provide retail investors with institutional-grade AI insights.
Mortgagetech
Intelligent payout solutions company Verituity teams up with mortgage servicing modernization firm Sagent.
AI-powered mortgage loan provider Better.com launches a Wholesale HELOC and CES Platform to enable mortgage brokers to access their technology for the first time.
Loyalty and rewards
Digital banking experience platform Plumery launches its Cashback Management capability.