ModernFi raises $18.7M Series A
January 23, 20244 min
Led by Canapi Ventures, round accelerates mission to bring end-to-end deposit management to financial institutions of all sizes, helping them thrive in a fast-changing banking environment
Satchel and Napier to secure BaaS for New Generation of Users
January 23, 20244 min
Napier, the London-based financial crime compliance RegTech, is pleased to announce that Napier Continuum has been selected as the anti-money laundering (AML) platform for one of Europe’s fastest growing Banking as a Service (BaaS) digital banking providers. Napier is providing its Transaction Monitoring, Transaction Screening, Client Screening, Client Risk Assessment and Client Activity Review solutions as part of the Napier Continuum platform to Satchel, to support its large growth in providing BaaS solutions globally to any financial institution looking to expand into financial products without its...
PRA Group names Keith Warren as New Head of Risk and Compliance
January 23, 20243 min
PRA Group, Inc., a global leader in acquiring and collecting nonperforming loans, announced the appointment of Keith Warren as chief risk and compliance officer (CRCO), effective Jan. 29. “Keith’s deep industry expertise and proven track record in leading high-performing teams will be invaluable as we drive our business objectives,” said PRA Group President and CEO Vik Atal. Warren will report directly to Atal and serve as a member of the Senior Leadership Team. “I am excited to join PRA...
GBank Financial Holdings Inc. recognised on 2024 OTCQX® Best 50
January 22, 20243 min
GBank Financial Holdings Inc., the parent company for GBank (the “Bank”), is proud to announce its second consecutive inclusion in the OTCQX® Best 50, a prestigious ranking of the top 50 U.S. and international companies traded on the OTCQX® Best Market. Reflecting on another year of exceptional performance, the Company has once again demonstrated its commitment to excellence and growth. The OTCQX® Best 50 ranking, which is based on equal weighting of one-year total return and average daily dollar volume...
BUSINESSNEXT accelerates autonomous banking processes at Global Banks
January 19, 20244 min
~ Equipped with Gen AI Customer Experience Platform with native Digital Journeys + CRM + Modern Lending ~
Mercuryo and Ledger announced collaboration
January 18, 20244 min
Global payment infrastructure platform Mercuryo launches a personalised private crypto banking solution. Mercuryo Pro, initially developed and launched in collaboration with Ledger, the global platform for digital assets, will evolve to cater to a broader audience. Now available to high-net-worth individuals and companies, Mercuryo Pro facilitates the buying and selling of crypto – BTC, ETH, SOL, euro-backed stablecoins, and more options – for fiat without any upper limits. What sets Mercuryo Pro apart is its fusion of decentralised finance (DeFi) principles, ensuring clients...
Conexus Credit Union selects nCino for frictionless member experience
January 17, 20244 min
Canadian credit union to automate workflows and consolidate and optimize its tech stack with the nCino Cloud Banking Platform
Secure Trust Bank Group launches new savings app
January 17, 20243 min
Secure Trust Bank Group (STBG), the award-winning UK retail bank, has become one of the first specialist lenders to launch a savings app which is available to new and existing customers. The app enables STBG customers to view their balance, interest rates, statements and recent transactions and also manage funds in the account subject to terms and conditions. Customers can also use the app to send secure messages to the STBG Savings customer service team...
SRA’s New Fining Powers: Is Your Law Firm Prepared?
January 17, 202417 min
Navigate the evolving landscape of Anti-Money Laundering (AML) and Know-Your-Customer (KYC) regulations with the SRA's dynamic framework.