FIS-Oxford Report: 78% of Businesses Using AI to Combat Fraud

78% of global business and technology leaders reported that their use of artificial intelligence (AI) has helped improve fraud detection and risk management. 56% said they are scaling or fully implementing AI, and 45% plan to increase investment over the next two years. High implementation and maintenance costs and lack of in-house expertise are slowing wider adoption. Global business and technology leaders are already seeing benefits from the use of AI and automation, with over...

Wirex Named Finalist at the ICA Compliance Awards Europe 2025

Wirex, a global leader in digital payments and Web3 money solutions, has been selected as a finalist for the “Compliance Culture Initiative of the Year” at the International Compliance Association (ICA) Compliance Awards Europe 2025. Wirex’s nomination is a direct result of its strategic investment in a compliance-first culture, supported by an experienced global compliance team and enterprise-grade risk management systems. Pavel Matveev, Co-Founder of Wirex, commented: “Wirex was founded on the belief that financial freedom should...

CIBC Leads Syndicated Debt Facility for Vena Solutions

CIBC Innovation Banking announced today that it acted as Lead Arranger and Administrative Agent of credit facilities for Vena Solutions (“Vena”), an industry-leading Financial Planning and Analysis (FP&A) platform purpose-built to leverage the full power of the Microsoft technology ecosystem. The funding will provide Vena with the flexibility to pursue new channels for growth on its mission to help organizations and their finance teams drive long-term, sustainable growth. Existing investors include Vista Equity Partners, JMI...

SavvyMoney and TruStage™ Integrate to Enhance Loan Application Process

SavvyMoney, a leading provider of financial wellness tools and personalized loan offerings, is proud to announce an exciting new integration with TruStage™, a financially strong insurance, investment and technology provider, to enhance and streamline loan application processes for financial institutions and their consumers. Implementing 48 FI pilot credit unions when the product launched in December 2024, this collaboration enables seamless access to loan protection products, educating borrowers about insurance options tailored to their specific loan types. This...

Zilch Confirmed as UK’s Fastest-Growing Unicorn by the Financial Times

Zilch named the fastest-growing UK private fintech valued at over $1bn Achievement celebrated by Baroness Gustafsson CBE, Minister for Investment, and Brent Hoberman, Co-Founder and Chairman of Founders Forum Group, firstminute capital and Founders Factory Zilch, the fintech payments innovator of the world’s first ad-subsidised payments network (ASPN), has seen its undisputed position as the UK’s fastest-growing unicorn company confirmed in a Financial Times ranking of high-growth firms. The FT1000 league table ranked Zilch the highest of...

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