Relay Secures $32.2M to Boost Banking Platform
Relay raised $32.2 million for banking platform development. The platform offers enhanced cash flow management tools for SMBs. Bain Capital…
Financial Firms Face Pressure to Automate Systems
FIs must adapt to T+1 settlement cycles in North America. Historical shifts show both challenges and benefits for financial systems.…
Banktrack Secures €2M to Boost Growth
Banktrack raises €2M to enhance its treasury management software. Funding supports growth in Spain and future European expansion. Focus on…
Synapse Bankruptcy Shakes Up FinTech Ecosystem
Synapse's collapse disrupts FinTech sector and customer access to funds. Direct bank-FinTech partnerships may replace intermediary models. Regulatory scrutiny on…
UK Startup Farewill Aims to Transform Death Industry
Farewill aims to modernize the death industry. Company reported revenue growth and reduced losses. Focus remains on sustainable growth and…
M&T Bank Adopts RDC AI Platform
RDC has secured M&T Bank as its first U.S. client. The AI platform will enhance M&T's credit risk and cash…
Cash Flow Underwriting Enhances Credit Access
FICO scores face competition from dynamic, data-driven methods. Open banking and real-time data enhance credit assessments. New models promise broader…
Kroo Bans Crypto Transactions
Kroo bans customers from crypto transactions to prevent fraud. The move follows similar actions by Starling Bank and Chase UK.…
FIS Enhances Mobile Banking App
FIS launches the latest version of its mobile banking app. The app includes biometric login, enhanced money movement, and a…
Colendi Secures $65M in Series B Funding
Colendi raises $65M in a Series B funding round. The company aims to expand into emerging markets. Fundraising efforts target…
