Extend, the innovative spend and expense management platform that integrates seamlessly with businesses’ existing credit cards, has launched a groundbreaking open-source AI toolkit. This release marks a major leap forward in financial automation, providing companies with smarter, faster, and more flexible ways to manage their spending. The new toolkit is designed with versatility in mind, supporting a wide range of popular frameworks. These include: With this comprehensive support, Extend empowers businesses to connect their preferred financial tools with advanced AI technologies, driving automation and deeper financial insights through custom workflows. “As I explored AI use cases in finance, I became…
Author: Editorial Team
Read More
Pinwheel, a fintech innovator helping financial institutions drive account primacy through frictionless onboarding and engagement tools, has announced its new strategic partnership with nCino, Inc. (NASDAQ: NCNO), a global leader in intelligent cloud banking solutions. Through this collaboration, Pinwheel becomes a Preferred Partner for Direct Deposit Switching (DDS) within nCino’s global ecosystem of technology partners. As part of the agreement, nCino will integrate Pinwheel Deposit Switch into its Consumer Banking Solution. This integration is designed to dramatically improve deposit switch conversion rates for banks and credit unions by simplifying the process for consumers. Independent testing has shown that Pinwheel consistently…
Revolut, one of the world’s fastest-growing financial technology platforms, has selected Fourthline as its digital identity verification partner. The decision follows a highly competitive RFP process, where Fourthline stood out for its advanced technology, compliance expertise, and ability to scale with speed. To support Revolut’s rapid global expansion, Fourthline is initially delivering its AI-powered identity verification services for customer onboarding across the European Union and the United Kingdom. The partnership is expected to extend to additional markets in the future. Fourthline’s proprietary technology includes biometric analysis, active liveness detection, and document authentication. These tools will help Revolut automate and streamline…
Beyond ONE, a leading digital services provider based in Dubai, has officially launched FRiENDi Pay—a licensed mobile wallet service designed to simplify digital payments and international money transfers for residents and citizens of Oman. Leveraging the strong foundation of FRiENDi Mobile, which currently serves over 750,000 users in Oman, FRiENDi Pay aims to provide a seamless financial solution for both local and cross-border transactions. Easy International Transfers and Local Payments FRiENDi Pay enables users to instantly send money to countries like India, Pakistan, Bangladesh, and the Philippines at competitive exchange rates. Whether you need to send funds to family abroad…
Equifax UK has announced a strategic partnership with Render to introduce Clear Decision, an advanced data decisioning platform designed to help lenders make faster, more accurate lending decisions. The platform integrates Equifax’s credit bureau data with categorized open banking insights, offering a complete picture of an applicant’s financial situation. Clear Decision aims to revolutionize how lenders assess affordability and creditworthiness—especially for marginal or borderline credit applications. Traditionally, lenders rely on credit bureau data during the initial assessment and turn to Open Banking insights only in complex cases. This new solution streamlines and automates the data combination process, eliminating manual steps,…
The Independent Community Bankers of America® (ICBA) has revealed the six cutting-edge fintech companies chosen for the ninth ICBA ThinkTECH Accelerator (AP9), taking place from May 19 to July 25, 2025. These companies were selected to help community banks deliver more efficient, secure, and customer-centric services through innovative financial technologies. “Through our Accelerator program, we forge essential partnerships between community banks and emerging fintech innovators,” said Charles Potts, ICBA Executive Vice President and Chief Innovation Officer. “This cohort reflects our ongoing mission to support forward-thinking solutions that strengthen and transform community banking.” Each participating company was selected after a thorough…
BitGo, a leading U.S.-based digital asset infrastructure provider, has announced that its Dubai subsidiary, BitGo Custody MENA FZE, has received a full Virtual Asset Service Provider (VASP) license from the Dubai Virtual Assets Regulatory Authority (VARA). This regulatory approval authorizes BitGo Custody MENA FZE to offer Virtual Asset Custody and Staking Services to Institutional and Qualified Investors within the United Arab Emirates (UAE). The license follows the in-principle approval initially granted in January 2025. With this official authorization, BitGo can now deliver its secure cold storage custody solutions directly from Dubai, enhancing digital asset protection and service accessibility for institutional…
The Dubai Financial Services Authority (DFSA) has released its 2024 Annual Report, highlighting significant developments in regulation, enforcement, and international engagement over the past year. The report underscores the DFSA’s commitment to transparent, proportionate, and effective regulation to support the growth and integrity of the financial services sector within the Dubai International Financial Centre (DIFC). As of the end of 2024, the DFSA supervised 902 regulated entities, marking a 14% increase from the previous year. This growth was primarily driven by a 75% surge in licenses granted to wealth management firms, including fund managers, private banks, and investment banks. In…
Tandem Bank, one of the UK’s leading digital banks in the Second Charge mortgage space, has launched Connect by Tandem—an advanced lending platform designed to streamline and simplify the broker experience through cutting-edge automation and smart technology. As part of its mission to build a greener, more digital future for banking, Tandem is setting a new standard with Connect. The platform not only enhances the mortgage process for brokers but also aligns with Tandem’s long-term sustainability and innovation goals. A Smarter, Faster Experience for Brokers Nigel Brookes, Director of Mortgage Distribution at Tandem Bank, shared his enthusiasm about the launch:…
Crypto.com has announced a strategic partnership with Green Dot Corporation (NYSE: GDOT) to provide U.S. customers with improved banking and money management capabilities. Through this collaboration, Crypto.com will utilize Green Dot’s embedded finance platform, Arc, to streamline funding and withdrawals for Crypto.com’s Cash Accounts—allowing users to deposit and withdraw U.S. dollars either digitally or with physical cash at thousands of retail locations across the country. As part of this initiative, Crypto.com is also set to launch an interest-earning savings vault, powered by Arc, with plans for additional features in the near future. “Expanding everyday use of cryptocurrencies and helping customers…