- Spain-based Didit raised an additional $6 million in Seed funding to expand its programmable identity and fraud infrastructure globally, bringing its total funding to $7.5 million.
- Didit offers developers API-first tools to verify users, businesses, and online interactions, using AI to analyze more than 200 signals including biometric liveness, deepfakes, and behavioral activity.
- The funding highlights growing demand for identity and fraud tools built for the AI era, as businesses...
- Financial services company Zip announced a new partnership with international payments company InComm Payments.
- The partnership will bring Buy Now, Pay Later (BNPL) functionality to the gift card category.
- Founded in 1992, InComm made its Finovate debut at FinovateFall 2011 in New York. The company is headquartered in Atlanta, Georgia. Australia-based Zip was founded in 2013 and serves customers in New Zealand and the US, as well as Australia.
Digital financial services...
With the wealth of conversation about AI at FinovateSpring just a few weeks ago, what are some of the key takeaways on how businesses are understanding and deploying the technology?
One of the more compelling presentations on this issue was the keynote address provided by Chris Nichols. Nichols is President of Institutional Banking at SouthState Bank where he supports innovation, AI, digital assets, loan pricing, asset-liability management, open banking, payments, and fintech investing....
If you're in the US, you may be pouring an extra cup of caffeine after an activity-filled long weekend. While you were away, however, the rest of the fintech world kept moving. This week, we’ll continue to add more announcements as the week progresses.
Payments
Marqeta expands account and money movement offering in Europe, building on strong regional momentum.
PlayHQ partners with Gr4vy to power payments across global markets.
Mastercard renews its partnership with CIB,...
With new enabling technologies like stablecoins and AI moving quickly and classic fintechs like Mint.com and Dwolla making their exits, it feels like fintech is entering a new era. This is especially true in lending, where new capabilities are enabling faster, more efficient, and in many cases more customer friendly tools than we had five years ago.
Looking back at the dawn of the decade, most lending innovation focused on digitizing the application process, facilitating the onboarding...
