Lithic & Veritex Partner to Expand Credit-Based Financial Solutions

Lithic, a leading financial technology platform known for powering growth businesses with bespoke card solutions and seamless money movement, today announced a strategic partnership with Veritex Community Bank, one of Texas’s top 10 largest banks. This collaboration enables Lithic to empower businesses looking to build commercial credit products with greater flexibility. Through this partnership, Veritex Bank will serve as a banking partner for Lithic’s commercial credit products. Veritex Bank’s reputation for integrity and transparency make...

Gen AI Fueling New Wave of Fraud in Africa, 2025 Smile ID Report Reveals

Smile ID, Africa’s leading provider of identity verification solutions, has released its 2025 Digital Identity Fraud in Africa Report, highlighting critical fraud trends across the continent. The report uncovers sophisticated fraud tactics exploiting vulnerabilities in fintech platforms and digital ecosystems, accelerated by emerging technologies such as Generative AI, deepfakes, and insider-assisted schemes. The report also offers clear, actionable strategies to help business leaders protect trust, revenue, and maintain operational stability in 2025. Drawing on anonymised data from over 110 million identity verification checks conducted by Smile...

Fintech Trailblazer DoubleCheck Appoints New CEO

DoubleCheck announced today the appointment of Ashwin (“Ash”) Rangan as its new chief executive officer. Rangan succeeds outgoing co-CEOs Joel Schwartz and Bill Amelio. Rangan brings a wealth of experience in innovation, artificial intelligence (AI), and scaling businesses to DoubleCheck, an award-winning financial technology platform that benefits credit unions, banks and their customers. He most recently served as chief innovation and information officer (CIIO) at ICANN, the Internet Corporation for Assigned Names and Numbers. His prior...

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