INVL Launches €200M Fund to Invest in CEE Banks
Baltic alternative asset manager Invalda INVL has established the INVL European Banking Opportunities Fund, a closed-end investment vehicle targeting up to €200 million to invest in banks across Central and…
Wise Combines eSIM and QR Payments for Global Travelers
Wise is expanding its travel-focused financial services with a new combination of customizable eSIM data plans and cross-border QR payments, bringing connectivity and local payment access into one app. The…
FINOS Launches OSERA for Open Source Resiliency
The Fintech Open Source Foundation (FINOS) has announced that the Open Source Enterprise Resiliency Alliance (OSERA) is now operational, creating a shared framework for financial institutions to identify, remediate and…
CreditNirvana Unveils AI Suite for Smarter Lending
CreditNirvana, a Perfios company focused on agentic AI for debt management, has introduced ORCA and CognifAI Assist, an AI suite designed to automate lending workflows from customer onboarding through debt…
Oracle Adds Agentic AI to Financial Crime Investigations
Oracle Financial Services has expanded its financial crime and compliance portfolio with Oracle Nexus Case Flow and Oracle Nexus Reach, adding agentic AI capabilities designed to help financial institutions investigate…
Oracle Integrates Swift Blockchain Ledger for Banks
Oracle is integrating its financial-services technology with Swift’s blockchain ledger to help banks connect tokenized deposits with existing cross-border payment infrastructure. The integration brings Oracle Blockchain Platform, Digital Assets Data…
Ping An Scales AI Across Finance and Healthcare
Ping An Insurance is expanding AI across financial services, healthcare and internal operations, reporting more than 300 billion tokens of average daily consumption and 1,500 PF of computing capacity. At…
Persistent Earns Databricks BFSI Specialization for AI
Persistent Systems has achieved Databricks’ Brickbuilder Specialization for Banking, Financial Services and Insurance, expanding its positioning around governed data, AI and modernization projects for financial institutions. Persistent Systems has achieved…
Bloomsbury Money Names CTO for Global Payments Platform
Bloomsbury Money Group has appointed Thomas Holst as Chief Technology Officer as the Jersey- and London-based financial services company prepares to expand its banking platform across additional jurisdictions and connect…
Mole Street and Kinective Put Bank Data to Work
Mole Street and Kinective are bringing a practical question to financial-services technology into focus: how can banks, credit unions and accounting firms turn CRM investments into measurable revenue? The companies…
