Capital One Financial Corporation (NYSE: COF) today announced that it has completed its acquisition of Discover Financial Services.

As the fintech industry prepares for a turbulent summer shaped by economic uncertainty, evolving regulation, and fast-moving AI disruption, Riverty today launched its flagship position paper, “Fintech 2040: Trajectories for the Evolution of the Fintech Ecosystem.”

Tuum, the next-generation core banking provider, is set to unveil its comprehensive Islamic Banking suite at Seamless Middle East, reinforcing its commitment to empowering financial institutions with cutting-edge, Sharia-compliant banking solutions. This marks a major milestone following last year’s announcement of Tuum’s foundational Islamic Banking capabilities.

Experian, the money platform, has revealed the transformative impact ReFi™ powered loans are having on UK consumers. As of May 2025, ReFi™ technology has already enabled the lending of over £70 million in debt consolidation loans¹.

Leading UK AI Fintech Aveni has today announced the release of its first iteration of FinLLM - a domain-specific large language model (LLM) purpose-built for the UK financial services sector. FinLLM is designed to meet the industry’s stringent requirements for compliance, safety, and performance, setting a new benchmark for responsible generative AI by aligning with FCA guidance and the EU AI Act.

New data from global embedded finance leader YouLend reveals that small and medium-sized businesses (SMBs) that received financing through its e-commerce, payments and technology partners grew sales by up to 25-50%, on average, in the six months following funding. With over 300,000 businesses funded worldwide, YouLend demonstrates how fast, flexible capital can be a powerful driver of growth for entrepreneurs.

As the fintech industry prepares for a turbulent summer shaped by economic uncertainty, evolving regulation, and fast-moving AI disruption, Riverty today launched its flagship position paper, “Fintech 2040: Trajectories for the Evolution of the Fintech Ecosystem.”

Tuum, the next-generation core banking provider, is set to unveil its comprehensive Islamic Banking suite at Seamless Middle East, reinforcing its commitment to empowering financial institutions with cutting-edge, Sharia-compliant banking solutions. This marks a major milestone following last year’s announcement of Tuum’s foundational Islamic Banking capabilities.

Experian, the money platform, has revealed the transformative impact ReFi™ powered loans are having on UK consumers. As of May 2025, ReFi™ technology has already enabled the lending of over £70 million in debt consolidation loans¹.

Clearwater Analytics (NYSE: CWAN), the most comprehensive technology platform for investment management, today announced that Danish pension provider, Norli Liv & Pension, part of the Norli group, has partnered with Clearwater to modernize its investment accounting, reporting and compliance operations.

Glia, the leader in AI for customer interactions, has been named among the 2025 Best Places to Work in Financial Technology by American Banker — for the fourth consecutive year.

Smart Money People, the UK’s most comprehensive financial service review site, has announced a partnership with The Salvation Army General Insurance Corporation (Sagic), an ethical general insurance provider with a 116-year heritage.

Endava, the technology-driven business transformation group whose AI-native approach combines cutting edge technology with deep industry expertise, and global consulting firm, AlixPartners, today announced their strategic partnership aimed at delivering comprehensive, end-to-end technology-driven solutions for clients globally. This partnership between Endava and AlixPartners leverages complementary strengths to deliver innovative solutions, accelerate digital transformation and address complex client challenges. It combines AlixPartners’ extensive experience in industry-focused, operational consulting with Endava’s deep technical expertise – in AI, cloud adoption, data analytics and more – to ensure seamless project delivery. This approach allows businesses to move faster, reduce risk, and address challenges more effectively, all while staying focused on their broader goals.

Clearstead, a large financial advisory firm serving wealthy families and institutions; and GLASfunds, an alternative investment platform for financial advisors; today announced significant enhancements to Clearstead’s private market investments platform ‘ClearAccess.’

Leading provider of AI-driven credit decisioning solutions Rich Data Co (RDC) today announced its rebrand to RDC.AI, marking a significant milestone in the company's evolution and commitment to leveraging artificial intelligence (AI) to transform business and commercial lending.