BusinessWire - FinTecBuzz

Citi, Ant Pilot AI FX Solution for Airline Risk Management

BusinessWireJuly 18, 20256 min

Ant International’s Falcon TST Model will give Citi’s clients an improved FX risk management solution when selling through e-commerce channels. Pilot airline customer of the jointly-developed solution has already seen a cost reduction in their Fixed FX Rates hedging programme for online ticket sales. Citi and Ant International announced today that they are piloting the use of Ant International’s Falcon Time-Series Transformer (TST) Model to deliver an enhanced FX risk management solution for their customers....

Platforms

Provenir Named Strong Performer in 2025 AI Platforms Report

BusinessWireJuly 18, 20254 min

Per the report, “Provenir best fits customers who want an all-in-one decisioning solution that includes credit risk, fraud and identity management, collections, and customer management.”

Insurance

COVU Acquires Mitchell Insurance in Sixth Growth Deal

BusinessWireJuly 18, 20254 min

COVU, Inc., the leader in AI-native customer servicing for the insurance industry, today announced the acquisition of Mitchell Insurance Agency, a respected family-owned business with deep roots in the California market and long-standing relationships with both commercial and personal lines clients. As COVU’s sixth acquisition in its Rolling Thunder campaign, Mitchell represents a meaningful step forward in the company’s strategy to enhance its AI-native platform through strategic partnerships with high-quality agencies—delivering more scale, reach, and flexibility for...

Payments

FUTR Integrates Consumer Payments Into AI App, Activates Data Points

BusinessWireJuly 16, 20257 min

News Release Highlights FUTR has completed the pre-beta integration of all FUTR Payment profiles into the broader FUTR AI Agent App This integration involved creating a smart FUTR Vault for each of the 42,000 current FUTR Payments consumer profiles to connect this data to FUTR’s AI Agent infrastructure The FUTR Pay consumers will form part of the initial Beta launch of the FUTR AI Agent App in H2 2025 The FUTR Corporation, a consumer-centric platform...

Platforms

Highnote Expands Unified Platform with Instant Payments Launch

BusinessWireJuly 16, 20255 min

New solution leveraging Visa Direct and Mastercard Move delivers near real-time payouts1 from Highnote-issued cards to external debit and prepaid cards, addressing the growing need for faster, more flexible disbursements

Crypto Currencies

Kraken Launches US Regulated Crypto Futures & Spot Trading

BusinessWireJuly 16, 20254 min

US-based clients can now trade CME-listed cryptocurrency futures contracts alongside Kraken’s market leading spot crypto liquidity

Platforms

Advisor360° Earns “Summiteer” in Oasis Group’s WealthTech Report

BusinessWireJuly 16, 20254 min

Advisor360° has been recognized as a Summiteer in a new research report from The Oasis Group, a leading consultancy for the wealth management industry. The Summiteer designation is reserved for the highest-performing WealthTech platforms—those with comprehensive and flexible product offerings that meet the needs of a broad cross-section of wealth managers. The Peaks Research for Wealth Platforms evaluates how the industry’s top technology platforms empower wealth management firms to better serve clients, analyzing ideal customer personas, strengths, areas for improvement, and...

Payments

Bluefin, Allied Secure Fuel Retail with PCI-Validated P2PE

BusinessWireJuly 16, 20253 min

Bluefin, a global leader in payment and data security, today announced a partnership with Allied Electronics to bring Bluefin’s PCI-validated point-to-point encryption (P2PE) solution, Decryptx®, to Allied’s NeXGen PRIME forecourt controller platform. NeXGen PRIME fuses the performance of Allied’s NeXGen Forecourt Controller with the advanced AEGIS hardware platform to deliver a best-in-class automation solution for retail petroleum and convenience store operators. As Bluefin’s integrated partner for Commercial Fuel, Allied currently supports more than 500 live...

Investments

Atlas Acquires CWM, Surpasses $230M in Managed Assets

BusinessWireJuly 16, 20255 min

New leadership and advisor team to enhance AI-driven wealth solutions and mass affluent services

Payments

Volante: 99% of EMEA Banks to Modernise Payments in 2025

BusinessWireJuly 16, 20257 min

New research from Volante Technologies reveals that replacing legacy systems is an urgent priority among EMEA banks, with institutions committing, on average, nearly $1.5 million to modernisation in the next year

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