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

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...

Propel Holdings Receives Regulatory Approval to Launch Propel Bank

Propel Holdings Inc., the fintech facilitating access to credit for underserved consumers, today announced it has received regulatory approval from the Office of the Commissioner of Financial Institutions of Puerto Rico to establish Propel International Bank, Inc., a wholly owned subsidiary of Propel. Propel Bank is licensed as an International Financial Entity overseen by the OCFI. Established under the U.S. banking framework, many IFEs today provide a range of banking and financial services to clients...

Binance Launches ‘Binance Prestige’ Bespoke Service

Binance, the largest cryptocurrency exchange by volume and users, today announced the launch of Binance Prestige, a bespoke service designed to support the traditional finance (TradFi) affluent segment as they take their first steps into cryptocurrency. Encompassing onboarding, fiat services, financing and more, Binance Prestige addresses the specific needs of family offices, private funds and other asset allocators seeking a high-touch, professional approach to digital asset management. Crypto remains a relatively new asset class, and many TradFi affluent investors are unsure about how to proceed...

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