Category: Payments and Digital Banking

Client onboarding is crucial for financial institutions to verify identities and assess risks, essential for compliance with anti-money laundering (AML) and counter-terrorist financing (CTF) regulations.…

Pillar Security, a US startup specializing in AI-native cybersecurity solutions, has raised $9 million in seed funding, led by Shield Capital and supported by Golden…

The SEC’s recent approval of the Green Impact Exchange (GIX) marks a milestone in sustainable investing, establishing the first U.S. stock market dedicated to the…

In Q1 2025, global InsurTech funding surged by 59% year-over-year, reaching $1.1 billion, despite a 22% drop in deal volume to 71 transactions. This shift…

Luma Financial Technologies has raised $63 million in a Series C funding round led by Sixth Street Growth, with participation from major financial institutions like…

eBay is enhancing its payment infrastructure through a partnership with Checkout.com, aimed at improving transaction experiences globally. This collaboration will streamline payment processes, leading to…

NetRise, a cybersecurity firm specializing in software supply chain risk management, has raised $10 million in Series A funding, increasing its total funding to $24.8…

Discussions on anti-money laundering (AML) reporting thresholds have intensified, with major U.S. banks proposing to raise the currency transaction report (CTR) threshold from $10,000 to…

Klarna has partnered with Clover to enhance in-store shopping by integrating its Buy Now, Pay Later (BNPL) solutions into over 100,000 U.S. retail locations. This…

South Africa-based FinTech company Stitch has raised $55 million in a Series B funding round led by QED Investors, with participation from Flourish Ventures, Norrsken22,…