Federal Reserve Financial Services will increase the FedNow Service network transaction limit from $1 million to $10 million

ModernFi, the leading technology provider for deposit management, today announced a $30 million Series B funding round. Led by Canapi Ventures, with participation from Andreessen Horowitz, Curql, Remarkable Ventures, and new investor Intercontinental Exchange, Inc. (NYSE: ICE), the round brings ModernFi’s total funding to over $60 million. This investment reflects growing institutional recognition of ModernFi’s role as critical infrastructure for deposit stability and liquidity management in the post-2023 banking landscape.

Artificial intelligence (AI) has moved from pilot to performance for UK financial institutions. According to the latest Lloyds’ Financial Institutions Sentiment Survey (FISS), the sector is entering a new phase of AI maturity, with firms reporting tangible business benefits and increased investment in the technology over the last 12 months.

United Fintech announced the appointment of Rupsa Mukherjee as Head of Mergers & Acquisitions

Eltropy, the leading AI-powered conversations platform for community financial institutions (CFIs), today announced that its unified offering, Eltropy One Platform, now features over 50 integrations with essential systems used by credit unions and community banks. This expanded ecosystem equips CFIs to boost operational efficiency and deliver more valuable experiences for their members and customers.

Finzly, a provider of modern payment infrastructure for financial institutions, today announced an integration with Q2's Digital Banking Platform, via the Q2 Partner Accelerator Program. Q2 Holdings, Inc. (NYSE: QTWO) is a leading provider of digital transformation solutions for banking and lending. Finzly's payment experience enables financial institutions to let their account holders send and track cross-border, domestic, and instant payments without leaving the digital interface.

ANNA Money is proud to announce that it has successfully proven its ability to work directly with LLM agents

Q2 announced the dual listing of its common stock on NYSE Texas, based in Dallas, Texas

Bottomline report reveals that 40% of financial institutions (FIs) globally cite legacy systems as their […]

Sharegain has launched Opt-in Hub, a first-of-its-kind solution that enables retail-facing FIs to drive wider adoption of their securities lending program

Global financial technology leader FIS® (NYSE: FIS) has announced a new partnership with a subsidiary of Circle […]

FalconX Latin America Expansion marks a major milestone as the company brings its institutional crypto […]

april, the embedded, AI tax platform, has closed $38 million in a Series B funding round led by QED Investors, with participation from Nyca Partners and Team8, bringing the company’s total funding to $78 million.

With just two months to go, anticipation is building for the highly awaited Middle East Banking Innovation Summit (MEBIS) 2025, the region’s premier gathering of banking, fintech, and AI thought leaders. Set to take place on 17-18 September at Jumeirah Emirates Towers in Dubai, MEBIS 2025 is poised to redefine the conversation around the digital transformation of financial services in the Middle East and North Africa (MENA).

Moment, the company automating trading and portfolio management workflows for fixed income teams, today announced that it has raised $36 million in Series B funding led by Index Ventures, with participation from Andreessen Horowitz, Lightspeed Venture Partners, Venrock, Neo, and Contrary Capital.