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News
Piston raises $15m to scale cardless fuel payments
3+ day, 9+ hour ago (270+ words) Piston, a cardless payments platform that connects commercial fleets and petrol stations, has closed a $15m Series A funding round. FPV Ventures led the investment, with existing backers Spark Capital and Pear VC also taking part. The fresh capital brings Piston’s…...
Why phased modernisation is the safer bet for WealthTech
3+ day, 7+ hour ago (183+ words) Wealth managers are being pushed toward a modernisation reckoning. Instant settlement is becoming the norm just as automation demands stronger data governance, while rules such as the EU’s DORA act raise the bar for systemic resilience. For institutions still running…...
Creand W&S selects NeoXam GP4 for private assets
3+ day, 9+ hour ago (285+ words) Creand Wealth & Securities, the Luxembourg-based Asset Servicing & Wealth Management arm of the international Creand Group, has picked NeoXam GP4 as the platform it will use to run fund accounting for its private assets business. The decision sees Creand W&S retire…...
Nivo puts AI costs under the microscope for brokers
3+ day, 13+ hour ago (342+ words) Nivo, an AI platform for mortgage brokers and lenders, has relaunched its website with pricing, a sample case report and service comparisons designed to help brokerages assess the potential cost and time savings from using AI for document administration. The…...
The compliance gap enterprises can't afford to ignore
4+ day, 2+ hour ago (299+ words) Enterprise adoption of artificial intelligence is moving far faster than the governance structures meant to keep it in check, exposing organisations to risks that traditional oversight tools were never built to catch. According to Theta Lake, the widening gap between…...
Regulators close the gap on outsourced risk
4+ day, 2+ hour ago (340+ words) Six degrees of separation, the idea popularised by Stanley Milgram’s 1967 experiment, holds that any two people are connected through a short chain of acquaintances. According to Leo RegTech, financial compliance officers are learning a similar lesson the hard way: client…...
Savvy Wealth closes $100m Series C led by Halo Fund
4+ day, 5+ hour ago (312+ words) Savvy Wealth, an AI-native registered investment advisor for independent financial advisors, has closed a $100m Series C funding round. The round was led by Halo Fund, the growth-stage venture firm co-founded by Qualtrics founder and Utah Jazz owner Ryan Smith alongside…...
Why banks and insurers need one platform, not many
5+ day, 7+ hour ago (229+ words) Most banks, insurers, wealth managers and pension providers still run their operations across a patchwork of disconnected systems, with product governance, market data, financial planning, advice, onboarding and execution each sitting in separate applications. Keeping them stitched together into a…...
OMS strengthens digital lending infrastructure with Scroll Finance integration
5+ day, 12+ hour ago (280+ words) One Mortgage System (OMS), a mortgage CRM and loan origination platform for intermediaries and lenders, has integrated with Scroll Finance, the specialist second charge buy-to-let lender operating under Perenna Bank PLC. The integration enables brokers to take a case from…...
FinScan and Quantifind unite to sharpen AML risk view
5+ day, 14+ hour ago (481+ words) FinTech Global FinScan, an Innovative Systems solution and provider of AML and sanctions compliance technology, and Quantifind, a provider of AI-powered financial crime and national security risk intelligence, have formed a strategic partnership designed to help compliance teams identify financial…...