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Fintech Rundown: A Rapid Rundown of Weekly News

Fintech Rundown: A Rapid Rundown of Weekly News

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 free, digital maturity assessment survey for banks and credit unions.

Bankjoy wins “Best Digital Banking Platform” at the 8th annual FinTech Breakthrough Awards.

nCino inks agreement to acquire onboarding automation specialist DocFox.

Varo Bank appoints Allen Parker as Chief Financial Officer, promotes Raktim Mitra to Chief Lending Officer.

NWSB selects Apiture digital banking platform to fuel growth.

Pioneer FCU expands partnership with Tyfone, adds business banking and payments solutions.

Credit monitoring

TransUnion goes live with its AI-powered data analytics platform.

Payments

Payments processor Thredd enters U.S. debit and prepaid card market.

Mexican fintech Prometeo launches account-to-account payments.

GoCardless purchases Nuapay from EML Payments.

Canadian fintech Nuvei confirms speculation that it is considering going private.

Cross border payments company Clear Junction earns recognition from the 2024 FT1000, ranking the firm among Europe’s fastest growing company.

Duck Creek Technologies launches Duck Creek Payments to offer a payment experience for insurers.

Shift4 partners with Atlante to provide payments solution for electric vehicle charging.

Cryptocurrency / Blockchain

African-based blockchain payments network Zone raises $8.5 million in seed funding.

Figure Technologies unveils Figure Markets, a single platform where investors can trade a wide range of blockchain-native assets from crypto to stocks to alternative investments.

Financial inclusion

Building society Nationwide introduces new digital service using British Sign Language (BSL) for deaf and hearing-challenged customers.

Insurtech

iPipeline, a digital solutions provider for the insurance industry, launched its OneView solution that tracks the progress and status of annuity orders in real-time.

Taxation / Accounting

Free Agent expands its smart tax calculation functionality to all NatWest Group customers via their business banking app.

Wealth management & Investing

Aegon Asset Management implements Clearwater AnalyticsPRISM to facilitate global client reporting. 

Yieldstreet partners with Wilshire Advisors to deliver a holistic solution for investors seeking diversified, passive exposure to private markets.

Identity management & verification

Truiloo achieves best-in-class match rate performance across 75 countries.


Photo by Suzy Hazelwood