New industry perspective argues that banks have established governance frameworks for fraud and cybersecurity but lack equivalent control for payments and customer-facing communications tied to critical financial events.
KOHO Raises $130M at $1.33B Valuation to Fuel Growth Plans
June 15, 20264 min
Round brings in Mubadala, Savano Capital, Shopify founder Tobi Lütke, and Affirm COO Michael Linford alongside existing investors
Members First CU Selects Mahalo Banking for Digital Upgrade
June 13, 20267 min
Partnership offers flexible Corelation Keystone connectivity and intuitive digital banking to support long-term growth ~
Titan Secures $3M to Scale Banking-Native AI Technology
June 11, 20266 min
Backed by Entropy Ventures, the financing expands development for the industry's most advanced banking native AI models, designed for the operational, risk, and compliance realities of banking
Money20/20 Europe Marks Decade as AI and Digital Assets Rise
June 10, 20268 min
Money20/20, the world’s leading fintech show and the place where money does business, celebrated a major milestone with its 10th Europe edition, convening more than 7,500 attendees, one in three at C-suite level, and over 2,300 companies from over 105 countries in Amsterdam, for three days of industry-defining announcements, strategic partnerships, and dealmaking that set the agenda for the future of financial services. Featuring more than 450 speakers across six stages, Money20/20 Europe welcomed leaders...
Catherine Bessant joins Truist board of directors
June 9, 20264 min
Truist Financial Corporation (NYSE: TFC) announced today that its board appointed Catherine Bessant to join as a director. Bessant will serve on the board’s risk committee. “We’re delighted to welcome Cathy, with her deep experience in financial services and philanthropy to the Truist board of directors,” said Truist Chairman and CEO Bill Rogers. “Cathy’s impressive track record of purpose-driven leadership and successful digital, technology and operational transformation on a global scale will serve Truist, our teammates,...
New initiative will enable programmable commercial bank money to move at scale.
NewtekOne, Inc. and Payroc Form Strategic Alliance
June 9, 20265 min
NewtekOne, Inc. and Payroc WorldAccess, LLC that they have formed a strategic alliance whereby Payroc will incorporate certain of NewtekOne’s business and financial solutions into Payroc’s menu of embedded business and financial solutions offered to its more than 190,000 active merchants. After a thorough process of evaluating potential partners, Payroc selected NewtekOne as its strategic banking solutions partner for merchants on the Payroc platform. Payroc’s merchants, which, in aggregate, produce more than $125 billion of...
DFNS Rebrands as the Core Banking Platform for Digital Assets
June 9, 20264 min
DFNS a rebrand, marking its evolution from a wallet infrastructure to the first core banking platform for digital assets. The company is introducing a new logo, website, and market position as fintechs and institutions move their products and operations onchain. Banks, fintechs, asset managers, trading firms, payment providers, market infrastructures, and clearing houses have stopped asking how to “add crypto.” They’re asking how to run financial products, controls, workflows, and client services on blockchain rails,...
Central Texas Credit Union Honored for Digital Banking Innovation