09/24/2026
By David Penn on 2026/09/24 01:32 -0400
With the midterm elections only six-odd weeks away, control of the US House is one of the questions that will shape the next Congress. I wanted to think a little about what a future Democratic House might mean in terms of policymaking for banking, fintech, and financial services.
New Sheriffs with Old Badges
The biggest difference could be in the leadership of various House committees. For example, the House Financial Services Committee is currently chaired by French Hill, a...
By Julie Muhn (@julieschicktanz) on 2026/09/23 17:32 -0400
- Numeral raised $100 million in Series C funding, bringing the tax compliance platform’s total funding to $157.5 million since its 2023 founding.
- The company will use the capital to accelerate product development, expand into additional industries, and grow its team, while launching a new accounting partner program.
- Numeral is using agentic AI to automate more of the tax compliance workload while keeping humans in the loop, as businesses face growing complexity across markets and...
By David Penn on 2026/09/23 14:56 -0400
- Identity network and fraud intelligence platform Baselayer has secured $35 million in new funding. The Series A round was led by M13, and featured participation from Torch Capital, Picus Ventures, Afore Capital, and Matt Thompson of fellow Finovate alum Socure.
- Along with the investment announcement, Baselayer unveiled its Agentic Identity Suite, an interoperable trust layer that helps institutions verify autonomous AI agents.
- New York-based Baselayer made its Finovate debut at...
By Julie Muhn (@julieschicktanz) on 2026/09/22 17:46 -0400
- J.P. Morgan Payments selected Thunes to expand Xpedite Remit, combining its payments infrastructure with Thunes’ Direct Global Network for faster, more transparent cross-border payments.
- The partnership gives J.P. Morgan access to 12 billion bank accounts and mobile wallets across 100+ corridors, reducing the need to establish local connectivity market by market.
- Chase’s 94 million consumer and small business customers will also benefit, including through faster, real-time...
By David Penn on 2026/09/22 16:54 -0400
- AI infrastructure provider for regulated industries, Go.AI, has secured $85 million in Series A funding in a round led by Updata Partners. The investment takes the company's total funding to $90 million.
- The capital will enable Go.AI to grow its engineering team, accelerate development of its key solutions, and scale go-to-market efforts beyond regulated industries.
- Go.AI made its Finovate debut earlier this year at FinovateSpring 2026 as Go Abacus. The Chicago-based company returned...
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