Search
Recent News
thefintech
Trending News

NatWest and OpenAI join forces to transform banking with cutting-edge AI


NatWest and OpenAI have entered into a partnership aimed at driving substantial transformations within NatWest through advanced AI technologies. NatWest, known for its comprehensive banking services, seeks to enhance its operational efficiency and customer service through this strategic collaboration. OpenAI, acclaimed for its groundbreaking work in generative AI, brings a wealth of technological expertise and innovative solutions


thefintech
Trending News

Kennedys IQ launches InsurTech’s first neuro-symbolic AI solution for global insurance market


Kennedys IQ, the client-facing technology division of global law firm Kennedys, has introduced SmartRisk, the first fully explainable neuro-symbolic AI risk analysis solution for the insurance sector. This latest addition to its data-driven IQ Platform aims to revolutionise policy review, liability, and coverage analysis by enhancing decision-making speed, accuracy, and consistency. The launch of SmartRisk


Trending News

Crossmint secures $23.6m to simplify blockchain for businesses and AI agents


Crossmint, an all-in-one blockchain platform for businesses, has secured $23.6m in a funding round led by Ribbit Capital. Other investors include Franklin Templeton, Nyca, First Round, and Lightspeed Faction. The investment follows a year of rapid growth, with Crossmint’s subscription revenue surging by 1,100% in 2024. The company provides businesses with tools to develop blockchain


thefintech
Trending News

EquiLend boosts securities finance technology with BNY investment


EquiLend has secured a minority investment from an affiliate of The Bank of New York Mellon Corporation (BNY). This investment underscores BNY’s commitment to EquiLend’s mission and its innovative technological solutions. BNY, along with eight other significant financial institutions, has invested in EquiLend to support the firm’s push for greater innovation and efficiency across the securities


thefintech
Trending News

FinScan enhances payment screening for faster, safer transactions


FinScan, an anti-money laundering (AML) compliance solution from Innovative Systems, has enhanced its payment screening solution, FinScan Payments, to accelerate transaction workflows while strengthening financial crime prevention. According to recent research from Datos Insights, 91% of surveyed financial institutions (FIs) are investing significantly in payment modernisation. Despite this, many firms still operate with legacy AML


thefintech
Trending News

FinTech startup SparkReceipt secures investment from Trind Ventures for global expansion


SparkReceipt, a pre-accounting software provider based in Finland, has secured investment from Trind Ventures. The funding round, which remains undisclosed, also received support from the European Union under the InvestEU Fund and Business Finland. The company provides AI-powered pre-accounting software designed to simplify bookkeeping for micro-businesses, with operations spanning nearly 100 countries. The platform automates


thefintech
Trending News

UK AI FinTech Quantexa secures $175m Series F, hitting $2.6bn valuation


Quantexa, a global provider of AI-driven decision intelligence solutions, has successfully closed a $175m Series F funding round. The funding round was led by Teachers’ Venture Growth (TVG), part of the Ontario Teachers’ Pension Plan, with ongoing support from existing investors such as British Patient Capital. Other backers in Quantexa include Warburg Pincus, Dawn Capital,


thefintech
Trending News

BriteCore unveils new vendor integrations to transform P&C insurance operations


BriteCore, a provider of cloud-native core insurance platforms for property and casualty insurers, has expanded its Solution Partner Marketplace. This enhancement introduces five new vendor integrations, marking a significant stride in BriteCore’s ongoing effort to equip insurers with cutting-edge technology solutions and increased flexibility in underwriting accuracy, claims processing, and overall operational efficiency. BriteCore’s core