Finastra, a prominent global provider of financial services software, has revealed an expansion of its longstanding alliance with NTT DATA, a leading global IT infrastructure and services provider. This strengthened partnership will enhance Finastra’s Lending Cloud Service, improving the delivery of managed services for financial institutions across the MAAP (Middle East, Africa, Asia Pacific) and
XData Group, a European software development company specializing in banking technologies, has launched Comcora, a white-label Banking-as-a-Service (BaaS) platform created to empower both traditional banks and fintech startups with a streamlined pathway to offering modern digital financial services. Designed to minimize complexity and accelerate deployment, Comcora provides an adaptable and scalable solution tailored to the
The Royal Bank of Canada (RBC) has introduced ATOM (Asynchronous Temporal Model), a proprietary foundation model designed specifically for financial services. Developed by RBC’s research institute, Borealis AI, ATOM was securely trained on massive financial datasets, including billions of client transactions, giving it deep domain expertise. Integrated within RBC’s Lumina data platform, ATOM enables AI
Lloyds Banking Group is now in the advanced stages of talks to acquire Curve, a well-known financial technology company. The deal, according to sources cited by Sky News, could close as soon as September 2025. The estimated value of the transaction stands at around £120 million. Curve is a strategic addition that Lloyds believes would
NetGuardians, a Swiss FinTech specialising in AI-powered financial crime prevention, and Intix, a Belgian RegTech known for its transaction data visibility and analytics capabilities, have formed a strategic alliance to launch Vyntra, a next-generation financial crime intelligence platform. The partnership aims to deliver a transformative solution for global financial institutions seeking robust tools for risk
ezAccounting software from Halfpricesoft.com — An all-in-one solution that simplifies payroll, 941efiling and tax management without breaking the bank. Clients have full control at their fingertips, by giving businesses the ability to start using its powerful payroll features any time during the year —no waiting, no hassle. With ezAccounting manual YTD feature, you do not have to enter the old paychecks
XFOLIO, a French and Lebanese-based FinTech company redefining institutional wealth management, has successfully closed a $2m seed funding round. The investment was fully provided by Middle East Venture Partners (MEVP), and will enable XFOLIO to accelerate its product development, expand into new markets across MENA and Europe, and form strategic partnerships. Founded in 2024 by
Whalet has announced a strategic partnership with global money movement firm TerraPay to deliver seamless cross-border payout solutions aimed at supporting small and medium-sized enterprises (SMEs). The collaboration will focus on simplifying international transactions for Whalet’s core customers — cross-border sellers from the Asia-Pacific region — while improving overall payment efficiency. TerraPay vice president – IMT (APAC)
PNC Bank today announced the launch of PNC Mobile Accept®, a fully integrated payment solution that provides its micro business clients with the ability to accept in-person credit and debit card payments directly within the PNC Mobile app. Designed for businesses processing less than $300,000 in credit and debit card transactions annually, PNC Mobile Accept is a self-service
Join this webinar, hosted in association with FIS, to explore the rise of the originate-to-distribute model, and how AI can help banks optimise their balance sheets and portfolios. Thursday 10th July 2025 15:00 BST Read More
Register for this Finextra webinar, hosted in association with Workday, to join our panel of industry experts who will discuss the impact of AI on human capital, and how financial institutions can develop successful, skills-driven AI strategies. Tuesday 8th July 2025 15:00 BST Read More
UK-based InsurTech firm Optalitix has launched Model Monitoring, a new feature for its flagship Optalitix Models platform, offering real-time tracking and analysis of insurance pricing models. The tool allows insurers to monitor model usage, detect anomalies, and optimise performance, resulting in faster quote generation and more accurate pricing. Model Monitoring supports all major modelling formats, including Excel, Python,