Welcome to Today’s FinTech Daily Roundup your go-to source for the latest developments in financial technology. As FinTech continues to redefine the way we bank, invest, insure, and manage money, staying ahead of fast-moving trends is essential for professionals and businesses alike. In today’s roundup, we bring you the most impactful updates across digital banking, blockchain, payments innovation, regtech, and more plus insights from thought leaders shaping the future of finance.
Broadridge Migrates Shareholder Disclosure Hub to AWS
Broadridge Financial Solutions, a leading global fintech provider, announced a major step forward in its Global Proxy modernization initiative with the successful migration of its Shareholder Disclosure Hub (SDH) to Amazon Web Services (AWS). The move enhances the platform’s performance, scalability, resilience and security, while expanding its global coverage into additional regions including Singapore and South Africa across EMEA and APAC.
Pepper Advantage Launches PRISM Credit Technology Platform
Pepper Advantage, a global credit management and technology company, has officially launched PRISM, its proprietary end-to-end credit management platform designed to bring loan data, analytics, workflow and servicing into one unified system. Built in-house, the platform gives lenders, managers and investors a single interface to optimise portfolio performance and improve outcomes for borrowers. PRISM brings together a full mortgage servicing engine with advanced analytics, real-time data visualisation and automated processes that help institutions identify risks earlier, increase efficiency and meet regulatory reporting standards. It replaces fragmented legacy systems with a modern interface that simplifies day-to-day operations and removes the manual work that can slow down decision-making.
Mastercard & TenPay Enable Remittances to Weixin Pay
TenPay Global, Tencent’s cross-border payment platform, and Mastercard Move, Mastercard’s global money movement business, have announced a new collaboration that will enable fast, secure and transparent remittances directly to Weixin Pay in China. Using Mastercard Move’s worldwide money movement capabilities, eligible senders will be able to transfer salaries or family support straight to a recipient’s Weixin Pay wallet balance or linked bank account.
Airwallex Raises $330 Million to Accelerate Global AI Expansion
Airwallex, the global financial technology platform, has raised US$330 million in a Series G funding round led by Addition, with participation from T. Rowe Price, Activant, Lingotto, Robinhood Ventures and TIAA Ventures. The round values the company at US$8 billion, representing a nearly 30% increase in just six months since its Series F. The capital will support continued U.S. expansion, product development and large-scale hiring in AI.
Tuhk Raises $6 Million to Fight Fraud With Real-Time Collaboration
Tuhk Inc., a fintech startup founded by former Ethoca and NuData Security executives, has raised US$6 million in seed funding led by FINTOP, with participation from Lloyds Banking Group and Capital One Ventures. The company aims to transform the payments ecosystem by enabling secure, real-time collaboration between merchants, banks and service providers to combat the global US$10.5 trillion cybercrime challenge.
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