All articles by Vidya Sagar Maddela
CredCore secures $16m funding to advance debt investment
CredCore intends to use the funding to enhance its AI capabilities, expand the team and improve its platform to support a wide range of credit market participants and deal types
Deloitte and Basware expand alliance to scale digital finance transformation
The expansion is driven by increasing demand for digital solutions driven by SAP S/4HANA migrations, global e-invoicing compliance mandates, and the need for cost optimisation through accounts payable (AP) automation.
TransUnion, FICO partner to advance credit risk solutions in Kenya
TransUnion Kenya and FICO will integrate enriched data and advanced analytics to help lenders serve previously underserved individuals and SMMEs, building financial inclusion and economic growth
PhotonPay enhances global payment solutions with AI tools
The initiative enhances the speed of PhotonPay’s Know Your Customer (KYC) and onboarding processes and improves operational efficiency while adhering to PCI-DSS Level 1, FATF, and other compliance standards
Invalda INVL invests €30m in INVL Private Equity Fund II
INVL Private Equity Fund II is the second-generation private equity fund under Invalda INVL that aims to reach a hard cap of €400m and has already raised €305m in its first closing
OneID secures funding to advance its digital identity verification
The UK-based digital identification services provider will use the funds to enhance its product offering, expand its operations into new market sectors and deliver its services to new and existing customers
Experian, ValidMind partner to advance model risk management
The collaboration will combine Experian’s Ascend Platform with ValidMind’s model governance solutions to automate key aspects of model risk management, including documentation, validation, and governance
Algebrik AI, Carleton partner to enhance loan origination platform
The collaboration will combine Carleton’s payment calculation APIs into Algebrik’s cloud-native Loan Origination system (LOS), along with compliance at scale, and real-time validation of loans
Wealthcare taps RISR to enhance services to business clients
The RISR platform allows Wealthcare Capital Management’s advisors to identify equity value, minimise tax impacts and protect their clients against unexpected events
Auquan rolls out new Sustainability Agent for financial services
The new Sustainability Agent is designed to simplify workflows and provides near real-time alerts, allowing teams to prioritise value creation and stakeholder engagement