PRNewswire - FinTecBuzz

B. Riley Securities Adds Senior Leader to Investment Banking

PRNewswireDecember 19, 20254 min

B. Riley Securities, Inc. (“B. Riley Securities” or “BRS”), a leading middle market investment bank, today announced that Tim Monfort has joined as Senior Managing Director, based in the firm’s New York office. Mr. Monfort brings more than two decades of experience as a senior investment banker and trusted advisor with a strong track record of originating, structuring, and executing capital markets and strategic financing solutions on behalf of corporate clients across sectors. He has led a broad range...

Payments

Truist streamlines digital account opening with direct deposit switching

PRNewswireDecember 19, 20255 min

Truist Financial Corporation (NYSE: TFC) today announced the launch of electronic direct deposit switching capabilities to the Truist client digital onboarding process, further enhancing the ease and speed of opening new accounts. Developed in partnership with Atomic, this new capability is fully embedded into Truist’s digital account opening process, allowing clients to easily transfer direct deposits from other accounts. Since its launch in August, 19% of new digital account applicants that engaged with the feature officially...

Platforms

WhiteBIT Reports on International Growth and Platform Development in 2025

PRNewswireDecember 19, 20259 min

In 2025, WhiteBIT expanded its international presence, entered new markets, and developed its product and institutional offering. The year focused on geographic expansion, partnerships, and operational development across retail and institutional segments, alongside ongoing compliance and security efforts. Building a Global Crypto Platform In 2025, WhiteBIT announced the launch of W Group, a fintech global ecosystem combining multiple blockchain and digital finance products. The W Group ecosystem serves 35 million users worldwide. Within this structure, WhiteBIT serves more than 8 million...

Platforms

Basware’s Acquisition of Redmap Signals a New Era for AP in Australia

PRNewswireDecember 18, 20256 min

Global leader in Invoice Lifecycle Management combines with Australia's leading provider of accounts payable automation to bring next generation, AI-powered solutions to fast-growing middle market

Crypto Currencies

EquiLend Invests in Digital Prime Technologies

PRNewswireDecember 18, 20254 min

Partnership aligns EquiLend's infrastructure with tokenized assets, digital securities and stablecoins, delivering connectivity across Trading, Post-Trade and Data & Analytics to address evolving market structure and client workflow needs

Compliance & Scoring

Informed.IQ Secures $63M to Advance AI-Powered Fraud Prevention

PRNewswireDecember 17, 20256 min

Informed.IQ’s platform has powered loan originations exceeding $350 billion for seven of the top ten U.S. auto lenders Customers realize double-digit million-dollar ROI powered by Informed. IQ’s proprietary data edge in fraud detection and streamlined verification processes Funding accelerates expansion into mortgage, consumer lending, tenant screening, and government benefit administration Informed.IQ, the leader in AI-powered loan verification and fraud prevention, today announced a $63 million growth equity investment from Invictus Growth Partners. Trusted by the...

Direct Lending

Finastra’s User Connect 2025 Highlights Modern Lending Innovation

PRNewswireDecember 17, 20256 min

Takeaways include the importance of the financial ecosystem, customer-centric innovation, and regulatory preparedness

Platforms

Plata arranges financing for up to US$500 million by Nomura

PRNewswireDecember 16, 20255 min

This transaction stands as the largest Private Credit financing ever raised by a Mexican fintech and marks the first time a Japanese global financial institution backs an operation of this scale in the country’s digital finance sector and adds to previously closed and currently outstanding debt transactions with Fasanara Capital, Lumina Capital and a bond issuance in the Nordic capital markets. With this facility, Plata surpasses US$1.6 billion in cumulative institutional funding since entering the Mexican market, reflecting sustained global confidence in its financial,...

Investments

Skyblue Analytics Announces Strategic Investment Round to Expand Globally

PRNewswireDecember 16, 20255 min

Round Participation Led by Key Industry Experts and Regional Players Funding to Drive AI Expansion Effort and Further Regional Coverage

Banking

PNC Simple Checking Offers Straightforward, Worry-Free Banking

PRNewswireDecember 16, 20256 min

Designed to simplify money management for customers at every stage of life

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