Tag: FinTechEdge

Burstverse, a trailblazer in merging artificial intelligence with decentralized finance (DeFai), has officially closed its seed funding round. This funding milestone brings together leading Web3 and AI-focused investors to support the evolution of Burstverse’s innovative DeFai ecosystem. With a mission to simplify financial interactions across CeFi and DeFai landscapes, Burstverse is poised to redefine the way users engage with blockchain-powered financial services.

Artificial Intelligence (AI) has evolved from a tech experiment to a foundational force in FinTech—shaping everything from risk modeling to customer experience. With the AI in FinTech market projected to hit $79.4 billion by 2030, companies must now look beyond adoption and focus on building talent ecosystems that support long-term innovation.

Karbon, a global leader in accounting practice management software, has unveiled a series of groundbreaking updates designed to redefine modern accounting operations. Announced during Karbon Next, a global customer event, the updates include end-to-end tax workflow automation and the company’s long-term strategy for AI-driven firm orchestration, dubbed Practice Intelligence.

CloudWalk, the fintech powerhouse behind InfinitePay and JIM.com, has been granted authorization by the Central Bank of Brazil to operate as a credit institution. Already functioning as a licensed payment institution, this upgrade significantly broadens CloudWalk’s financial capabilities and affirms its mission to build a borderless, AI-driven financial ecosystem.

Fieldguide, the AI-first platform for audit and advisory firms, has officially launched Field Agents for Financial Audit, a suite of enterprise-grade tools headlined by the Audit Testing Agent—a purpose-built automation tool for one of auditing’s most labor-intensive phases: testing.

Global Payments Inc. (NYSE: GPN), through its MineralTree business, has teamed up with Sage, a global leader in accounting and business management software, to launch Vendor Payments powered by MineralTree, an embedded accounts payable (AP) automation solution within Sage Intacct. This innovation is designed to give SMB finance teams an integrated, streamlined method to pay vendor bills directly from their existing financial system.

Diversify Advisor Network (Diversify), a financial advisor-led wealth management platform, has officially welcomed Inventa Wealth Advisors, a $450 million advisory firm previously affiliated with Ameriprise. This move is part of Diversify’s mission to support experienced advisors seeking autonomy, equity, and meaningful practice growth in today’s highly consolidated financial services landscape.

Digital banking platform provider Tyfone has partnered with fraud prevention leader Advanced Fraud Solutions (AFS) to bring a proactive, integrated check and ACH fraud prevention solution to commercial banking clients. This partnership aims to drive adoption of Positive Pay, a key defense mechanism, in the face of rising check fraud incidents across the financial industry.

Venmo, the widely used social payments platform, is stepping up its game in the digital commerce space. Known for its ease in facilitating peer-to-peer transactions, Venmo is now evolving into a comprehensive financial tool, helping users earn rewards and simplify payments for everyday purchases—online and in-store.

Advyzon, a premier portfolio management and technology platform for financial advisors, has appointed Clark Richards as Vice President of Client Success. This strategic hire reinforces Advyzon’s dedication to providing exceptional client service while scaling its operations to support a rapidly growing user base.