Ocrolus and Blend Partner to Automate the Mortgage Process

By Julie Muhn (@julieschicktanz) Posted on

Digital banking platform Blend and financial document automation platform Ocrolus are partnering this week to embed Ocrolus’ Human-in-the-Loop (HITL) document analysis solution into Blend’s digital mortgage application platform. Blend expects that Ocrolus’ HITL technology will help accelerate digital mortgage applications for potential home loan borrowers. That’s because the document analysis solution will automate the classification of Read more…

Women in Fintech: Creating Shared and Seamless Experiences with Mithu Bhargava of NCR

By David Penn Posted on

How are fintechs helping financial institutions make successful digital transformations? What is required in order for financial institutions to maximize the opportunities available from increasingly ubiquitous enabling technologies to better engage and serve their customers and members? What lessons can we draw from those banks, credit unions, and other financial services providers that have prioritized Read more…

FinovateAsia: Digital Disruption, Embedded Finance, and the Customer Experience

By David Penn Posted on

If you are looking to get up to speed on the innovations in fintech taking place in the Asia-Pacific region, then our all-digital fintech conference, FinovateAsia, is your ticket. For two days next week, June 22 and June 23, our guest speakers and distinguished panelists will share their insights and experiences as innovators, entrepreneurs, and Read more…

Transaction Security Specialist ThetaRay Scores $31 Million in New Funding

By David Penn Posted on

In a round featuring new investors Saints Fund and Eric Benhamou of Benhamou Global Ventures, cross-border transaction monitoring solution provider ThetaRay has raised $31 million in new funding. Led by JVP and BGV Funds, the investment round also featured participation from current investors OurCrowd, Bank Hapoalim, SBT, and others. The funding takes the Israel-based company’s Read more…

MX and Moov Bring Instant Account Verification to Fintechs

By David Penn Posted on

MX, which began the year with a $300 million investment that boosted its valuation to $1.9 billion, is collaborating with developer-first payments platform Moov Financial to give fintechs and other companies instant account verification (IAV) and money movement. “Moov is transforming the way fintechs enable account verification, money movement, and ACH payments through APIs,” MX Read more…

Three Ways Collaborative Innovation Benefits the Payments Industry

By charlotteburgess Posted on

How does a technology company with a near-50 year pedigree adapt and grow in a world of rapid technological change? How does a company like this meet the challenge of embracing new opportunities while remaining true to its core competencies and values? “Our core mission has not changed,” Nick Kerigan, Head of Innovation Execution at Read more…

Bitpanda Backs Fintech Innovation in Poland; ThetaRay Inks Deal in Spain

By David Penn Posted on

There’s no better time than the present to plan for the future. That’s the approach taken by European fintech Bitpanda, which announced earlier this week that it was investing €10 million ($12 million) to launch a technology and innovation hub in Poland. The initiative will be headquartered in Krakow and will employ 300 engineering professionals Read more…

Lloyds Bank Facilitates Real Time Cross-Border Payments

By Julie Muhn (@julieschicktanz) Posted on

Lloyds Banking Group is making instant, cross-border payments possible, thanks to a partnership with global secure financial messaging services provider SWIFT. The U.K.-based bank announced it is the first bank to go live with SWIFT’s gpi Instant Connection, a new service that helps consumers and businesses send money in seconds across the globe. gpi, which Read more…