Octopus Money has partnered with Aveni, an AI innovator in financial services, to enhance the personalization and efficiency of financial advice. This collaboration will integrate…
As financial institutions increasingly adopt artificial intelligence (AI), a compliance-first approach emerges to enhance adherence to regulations and combat financial crimes. This method addresses challenges…
Chinese AI startup DeepSeek has stirred discussions by claiming a potential profit margin of 545% from its AI services, though this figure is based on…
Alkami Technology is acquiring Mantl, a company known for its innovative account-opening software, for $400 million. This acquisition aims to transform customer engagement for financial…
This week, the FinTech sector saw nearly $2 billion in funding across 25 deals, with significant contributions from Waystar and Capital on Tap. The USA…
Mastercard has launched its AI-driven financial crime detection solution, TRACE, in the Philippines, enhancing the security of real-time payment (RTP) networks. In collaboration with BancNet,…
Klarna, a prominent Swedish Buy Now Pay Later (BNPL) provider, has partnered with JPMorgan Payments to integrate its flexible financing solutions into JPMorgan’s merchant services,…
Raenest, a FinTech company enhancing financial access across Africa, has secured $11 million in Series A funding, raising its total venture capital to $14.3 million.…
Mastercard has partnered with Payrails, a modular payment technology provider, to enhance digital payment solutions for large enterprises. This collaboration aims to deliver scalable and…
Moneyhub has partnered with Money Squirrel to enhance the latter’s new app aimed at improving financial management for small and medium-sized enterprises (SMEs). This collaboration…