Risk Administration Services, Inc. (RAS) has taken a significant step forward by deciding to integrate the full product suite of CLARA Analytics, a leading AI technology provider for insurance claims optimization. The aim of this collaboration is to significantly boost the efficiency and
The recent collaboration between Consumers Credit Union (CCU) and Lumin Digital marks a transformative step in CCU's evolution. With a focus on enhancing digital banking capabilities, this partnership aligns with CCU's ongoing growth and upcoming merger with Rockford Bell Credit Union. The
Binance, one of the largest cryptocurrency exchanges globally, has witnessed significant changes and growth in the past year. At the heart of these transformations are leadership transitions, regulatory compliance efforts, and a notable increase in institutional investor interest. CEO Richard Teng,
In a significant move to bolster its offerings of fintech solutions, CSI, a respected American provider of financial software, has acquired Velocity Solutions, a company well-regarded for its advanced account management and deposit solutions. This acquisition marks a decisive step in CSI's strategy
In the first half of 2024, the regulatory technology (RegTech) sector experienced a notable shift in investment patterns. While the overall number of deals has decreased, the average deal values have surged, reflecting a strategic pivot among investors towards larger, more substantial investments
Credit-building has always been a complex journey, especially for young adults and individuals with damaged credit. Traditional credit products often pose significant barriers, leaving many outside the credit ecosystem for extended periods. In recent years, Buy Now, Pay Later (BNPL) loans have
In an era marked by rapid technological advancements, the recent collaboration between Circle, a global financial technology firm, and Sony Block Solutions Labs has garnered significant attention. Their combined efforts to integrate the Bridged USDC Standard into Soneium, a public Ethereum layer 2
The rapid evolution of the FinTech sector has undeniably transformed traditional financial services, creating a dynamic ecosystem where innovation and agility reign supreme. Over the past decade, we have witnessed FinTech firms introducing groundbreaking innovations like real-time payments and
The financial landscape is ever-evolving, and the latest venture by Affinity Plus Federal Credit Union marks a substantial shift in digital banking. The $4.2 billion asset credit union has embarked on a multi-year partnership with Lumin Digital, aiming to elevate the digital experience for its
The Dutch neobank Bunq is gearing up for a significant expansion, boldly planning to increase its workforce by over 70% amidst widespread job cuts across the fintech sector. The bank's strategic focus includes expanding into the US and UK markets, with a keen eye on attracting digital nomads for
