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ebankIT and Centrilogic Team Up to Deliver Secure Cloud-Based Solutions
2024-07-11 20:20 UTC by David Penn

  • Digital banking solutions provider ebankIT announced a partnership with public and private cloud services provider Centrilogic.
  • The partnership will help banks and other financial institutions leverage cloud services to accelerate their digital transformations.
  • ebankIT made its Finovate debut in 2015. The company most recently demoed its...

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First 40+ Demos Selected for FinovateFall 2024
2024-07-11 20:11 UTC by Heather Stowell

FinovateFall 2024 takes place in New York over September 9, 10 and 11. Register to attend by Friday, July 12 and save up to $800.

FinovateFall returns this September where 60+ companies will have just 7 minutes to show why they’re industry leaders and disruptors. Make sure you’re there to see it!

Curated to reflect...

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AI in Financial Services: Automation, Profitability, and Fraud Prevention
2024-07-10 21:24 UTC by David Penn

The role of AI in financial services is rapidly evolving. Not since the heady days of the Internet boom has an emerging technology so powerfully captured the imagination of companies, investors, workers, and consumers around the world.

As financial services companies search for ways to take advantage of AI to improve efficiency, better...

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Conversations Platform Provider Eltropy Unveils Voice+
2024-07-10 17:49 UTC by David Penn

  • Unified Conversations Platform company Eltropy has introduced a range of new enhancements to its offering.
  • The enhancements include Skill-Based Routing, new Lobby Management features, and a voice and contact center solution, Voice+
  • A Finovate alum for more than seven years, Eltropy most recently demoed its technology at FinovateFall 2022.
...

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Anodot Inks Strategic Partnership with YäRKEN
2024-07-09 23:18 UTC by David Penn

  • Cost management platform Anodot has inked a strategic partnership with FinOps and TBM platform.
  • The partnership will integrate technology from both firms to help clients better manage cloud costs.
  • Virginia-based Anodot made its Finovate debut at FinovateEurope 2022.

Cloud-based cost management platform Anodot has forged a strategic...

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Curinos and Adrenaline Forge Strategic Partnership
2024-07-09 18:42 UTC by David Penn

A partnership between data intelligence business Curinos and brand experience company Adrenaline will help banks and credit unions leverage data to make better decisions. The integration of Curinos’ Distribution Optimizer data solution into Adrenaline’s Connected Intelligence offering will also help financial institutions maximize...

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AutoRek Teams Up with JP Morgan Payments
2024-07-08 18:16 UTC by David Penn

  • Automated reconciliation software company AutoRek has announced a partnership with JP Morgan Payments.
  • The partnership will help insurance companies better manage financial data flows from banking sources.
  • AutoRek made its Finovate debut at FinovateEurope 2023 in London.

Automated reconciliation software provider AutoRek has teamed up...

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Fintech Rundown: A Rapid Review of Weekly News
2024-07-08 14:32 UTC by David Penn

Partnerships in digital banking, identity management, and payments lead off the fintech news headlines as July begins in earnest. Be sure to check back all week long for updates and fresh announcements on the latest industry happenings.


Payments

AFFIN Bank turns to ACI Worldwide to modernize payments for businesses in Malaysia.

Dispute...

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Ascend Money Lands $195 Million from MUFG
2024-07-05 16:51 UTC by Julie Muhn (@julieschicktanz)

  • Ascend Money has received a $195 million investment.
  • The funding round was led by Mitsubishi UFJ Financial Group (MUFG) Bank with contributions from Finnoventure Private Equity Trust I.
  • The Thailand-based fintech will use the funds to build inclusive financial services in the region.

Thailand-based Ascend Money announced this week it...

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Eight Alums Raised More Than $292 Million in Q2 2024
2024-07-03 20:33 UTC by David Penn

“A little better all the time?” Can we use that classic refrain from Lennon & McCarthy to describe the performance of fintech companies seeking funding in the second quarter of 2024?

Most broad-based surveys of fintech funding for Q2 2024 have yet to be published. But, for our Finovate alums, “a little better”...

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U.S. Marshals Service Selects Coinbase to Hold & Trade Digital Assets
2024-07-03 17:33 UTC by Julie Muhn (@julieschicktanz)

  • The U.S. Marshals Service (USMS) has selected Coinbase Prime to hold and trade the agency’s “Class 1” (large cap) digital assets.
  • The agency will use Coinbase Prime for asset seizure and forfeiture, evidence management, and to support in financial investigations.
  • Coinbase Prime launched in 2021 and currently safeguards $330...

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State Bank of India Launches SME Lending Solution
2024-07-03 14:16 UTC by Julie Muhn (@julieschicktanz)

  • State Bank of India unveiled MSME Sahaj, a digital lending solution for micro, small, and medium enterprises (MSMEs).
  • The tool leverages data from the applicant’s Goods and Services Tax Identification Number, bank statements, and credit card payment histories to underwrite a loan for short-term, working capital.
  • MSME Sahaj will be...

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