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/payments

African fintech Moniepoint completes $200m funding round

Moniepoint Inc. (“Moniepoint” or the “Company”), Africa’s all-in-one financial platform for businesses and their customers, announces it has raised over US$200 million in equity financing in a recently closed Series C funding round.

/cloud

10x banking appoints executive vice chair

10x Banking, the cloud-native core banking platform that powers global institutions including Westpac, Chase UK and Old Mutual, today announces the appointment of Philip Barnett as Executive Vice Chair, effective October.

/cloud

PT Krom Bank Indonesia renews Mambu partnership

PT Krom Bank Indonesia Tbk (“Krom”), a leading digital bank and subsidiary of Kredivo Group, has renewed its partnership with global SaaS cloud banking platform Mambu for five years after a successful collaboration on the launch of the Krom digital banking app in 2024.

How Structured Data is Key to Leveraging AI in Core Banking

/ai

How Structured Data is Key to Leveraging AI in Core Banking

Joining the virtual studio for a FinextraTV interview, Barb Morgan, Chief Product and Technology Officer, Temenos helps to shine a light on how artificial intelligence is helping to evolve core banking processes. Discussing how these AI boosts have been implemented to keep up with evolving customer expectations, Morgan provided insights into how banks are focussing investment into having clean, high quality structured data.

Ukrainian fintech reaches unicorn status

/startups

Ukrainian fintech reaches unicorn status

Ukraine's financial services market is celebrating another unicorn after Fintech-IT Group, the tech company behind the one of the country's most popular online banking service, received an investment to push its valuation beyond $1bn.

Sibos 2025: Banks urged to be modern, not modernised

/Sibos

Sibos 2025: Banks urged to be modern, not modernised

In Frankfurt, Finextra’s own managing director Gary Wright led a conversation on how modernisation and innovation is reshaping the industry.

AI Adoption is Rising, But is Everyone Succeeding?

/ai

AI Adoption is Rising, But is Everyone Succeeding?

Following the continual rise in AI Adoption, FinextraTV spoke to Ioan Iacob, Founder and CEO, FlowX.AI to discuss the ways people have been following this adoption and answer the crucial question: are we seeing the successes to match the popularity? Mentioning the challenges of embedding AI into existing systems, describing the true benefits of Agentic AI in particular and even quoting Pink Floyd's "you can't have your pudding, if you dont eat your meat", Iacob looks towards the future of adoption and usage.

/payments

Temenos unveils AI-powered money movement and management platform

Temenos, a global leader in banking technology, today announced the launch of Temenos Money Movement & Management, an AI-powered and pre-integrated platform to streamline payments and account services.

/retail

Fiserv buys Smith Consulting Group

Fiserv, Inc. (NYSE: FI), a leading global provider of payments and financial services technology, today announced it has acquired Smith Consulting Group (SCG), an operational consulting service utilized by community banks and credit unions across the United States. SCG provides deep subject matter expertise and in-market support to Fiserv clients seeking consultative engagement to enhance their strategic investments in core and surround solutions. Financial terms of the transaction were not disclosed.

Finextra & ACI Worldwide launch new global research on the next era of payments

/payments

Finextra & ACI Worldwide launch new global research on the next era of payments

Finextra Research has released its latest global survey report Payments 2030: What’s shaping the future?, revealing how organisations are aligning their payments strategies with market and regulatory demands, the challenges they face, and the technological and operational shifts shaping investment decisions.

/cloud

ABN Amro picks Mambu platform for neobank Buut

Mambu, the leading SaaS cloud banking platform, announced today its successful collaboration with ABN Amro to support Buut, a new bank designed to help young people better manage their money.

/ai

Backbase joins forces with Akkuro

Legacy systems are preventing banks from unlocking AI's full potential to accelerate growth, streamline operations and deliver the experiences customers now expect.

/identity

Backbase connects with Prove for digital onboarding

Prove, the leader in digital identity, and Backbase, the world’s first AI-powered banking platform, today announced a strategic partnership aimed at transforming how financial institutions onboard new customers in the United States.

/ai

Versabank adds AI capabilities to core banking platform

VersaBank ("VersaBank" or the "Bank") (TSX:VBNK; NASDAQ:VBNK), a North American leader in business-to-business digital banking, as well as technology solutions for cybersecurity, today announced it has implemented new, internally developed, state-of-the-art artificial intelligence (AI) capabilities within its proprietary core banking technology.

/retail

FintechOS and Tech Mahindra form partnership

FintechOS, the leading AI-driven financial product engine, announced a partnership with Tech Mahindra (NSE: TECHM), a leading global provider of technology consulting and digital solutions to enterprises across industries.

/retail

First Fed Bank goes live with Apiture digital banking platform

Apiture, a leading provider of digital banking solutions, today announced that First Fed Bank, a trusted Washington institution since 1923 with $2 billion in assets and a commitment to local impact, has launched the Apiture Digital Banking Platform to enhance the online and mobile banking experience for its business customers.

/retail

Fis goes beyond the core with Bank Modernization Framework

FIS® (NYSE: FIS), a global leader in financial technology, today announced a major leap forward in empowering banks to modernize faster and more effectively than ever before.

/retail

Jack Henry signs Mercantile Bank

Jack Henry (Nasdaq: JKHY) announced today that Mercantile Bank, Michigan’s largest community bank, has selected Jack Henry to evolve its technology infrastructure, streamline operations, and support its long-term growth strategy.

/ai

CSI unites with HuLoop to bring AI to NuPoint core banking system

HuLoop Automation, a leader in AI-powered work intelligence for community and regional banks, and CSI, a leading provider of end-to-end financial software and technology, today announced they have entered into a partnership to deliver AI-driven efficiency enhancements to banks leveraging CSI’s NuPoint Core Banking System.

/retail

Alkami ships digital banking conversion toolkit

Alkami Technology, Inc. (Nasdaq: ALKT) (“Alkami”), a digital sales and service platform provider for financial institutions in the U.S., announced the launch of their Digital Banking Conversion Toolkit, a resource hub designed to empower bank and credit union leaders through each stage of their digital banking conversion journey.

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