Choosing the right core banking solution has never been more crucial for financial institutions. As banks navigate the dual pressures of adopting artificial intelligence (AI) and migrating to cloud-native technologies, the need to modernize their core systems becomes evident. Recent findings from a
The financial behavior of Malaysian consumers is under scrutiny as a growing number of individuals resort to inflating their income information on loan applications. Known as 'liar loans', these fraudulent practices have raised concerns among financial experts and institutions. With
PowerPay, a digital lender headquartered in the United States, has reached a significant financial milestone by successfully raising $60 million through an investment-grade corporate bond issuance. This accomplishment, with KeyBank acting as the exclusive private placement agent, marks an important
Lean Technologies, a Saudi Arabian fintech infrastructure platform, has recently secured $67.5 million in a Series B funding round. The round was led by General Catalyst, an esteemed venture capital firm, with significant contributions from Arbor Ventures, Bain Capital Ventures, and Duquesne Family
The financial technology landscape is buzzing with the introduction of Blip-Pay, a new account-to-account (A2A) payments platform by UK-based fintech startup FintechIO. Unveiled at the Open Banking Expo in London, Blip-Pay promises to change the game by utilizing open banking and real-time data to
Sunbit, a fintech company specializing in in-store consumer credit, has accomplished a significant milestone by securing a substantial $355 million debt warehouse facility. This funding venture was led by prominent financial institutions such as JP Morgan, Mizuho Bank Ltd., and Waterfall Asset
