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The first week of April begins with a resolution in the Sam Bankman-Fried saga as the former FTX founder and infamous crypto entrepreneur receives a sentence of 25 years in prison. Crypto Sam Bankman-Fried sentenced to 25 years in prison for its role in the FTX scandal. Web3 payment solution provider Alchemy Pay announces investment Read more…
Streamly’s Code & Capital series takes a next-level look at the potential for enabling technologies to transform fintech and financial services. In today’s first conversation, Code & Capital talks with Generative AI expert and founder of Tamang Ventures Nina Schick about the way that AI could fundamentally reshape industries and economies this century the way Read more…
Last month at FinovateEurope, I had the pleasure of conducting interviews with 14 professionals, entrepreneurs, and authors from the world of fintech and financial services. A few days ago, I shared videos of my conversations with Moneyhub’s Samantha Seaton and Finthropology’s Anette Broløs. Today, I’m unveiling another pair of interviews from FinovateEurope. First, I sit Read more…
We’re starting off the week with a major acquisition in the U.K. lending space, as well as fintech funding news in payments, wealth management, and financial education. Digital banking Missouri-based Central Bank leverages Personetics’ AI-driven engagement platform to enhance financial wellness. SaaS core modernization and transformation solution provider for banks Zafin unveils new tools – Read more…
Business banking account ANNA has acquired GetCape, a business spend management platform based in Sydney, Australia. Terms of the transaction were not disclosed. The acquisition, ANNA’s first, will further the company’s goal of creating a new SaaS category that competes with Australia’s “Big Four” banks for market share in the expense management and corporate card Read more…
This week in Tales from the Crypto we look at the boom-induced traffic jam in crypto coin trading, new funding for a blockchain payment network in the developing world, and a pair of new crypto-friendly alums that demoed at FinovateEurope last month. Base Backup as Bitcoin Booms The renewed boom in bitcoin is not without Read more…
Payment, banking, and investment systems provider FIS announced today that it is partnering with Stratyfy to bolster the capabilities of its SecurLOCK card fraud management solution. After testing the new SecurLOCK capabilities with customers, FIS anticipates that the updated tool will increase accurately identified card transactions and help prevent fraud. This will reduce friction for Read more…
The week begins with acquisition news in the digital banking space and confirmation that a major Canadian fintech may be going private. Fraud Prevention FIS announces release of card fraud management solution SecurLOCK in collaboration with Stratyfy. Equifax and commerce platform VTEX partner to enhance fraud prevention capabilities for merchants. Digital banking Alkami launches its Read more…
API-based core banking provider Tuum announced today that it has secured additional funding as part of its Series B round. This strategic investment from Citi Ventures, the amount of which was undisclosed, brings the company’s total funding to over $49 million (€45 million). Tuum, which won Best of Show honors at last month’s FinovateEurope event, Read more…
SAP-owned supply chain finance fintech Taulia has partnered with Visa this week to embed Visa’s digital payments technology into Taulia’s Virtual Cards offering. The partnership will leverage Visa’s APIs to embed business’ virtual payment credentials, acceptance, and enablement solutions to work natively across SAP business applications. Embedding financecapabilities within SAP’s applications reinforce the bank’s role Read more…
A pair of Canada-based Finovate alums – Coconut Software and PayTic – have earned spots in the first cohort of the UK Fintech CTA program. The program runs for eight-weeks, much of it conducted online, and includes a needs assessment and company analysis, participation in the Innovate Finance Global Summit, virtual market briefings, mentor-matching and Read more…
This week marks both the one-year anniversary of Silicon Valley Bank’s collapse and St. Patrick’s Day. Let’s see if this week’s news projects a luckier year for fintechs. Check back for real-time updates on how the fintech landscape evolves this week. Payments Ryft announces new digital payments partnership with American Express. Visa and Western Union Read more…