This week, the US will celebrate Veterans Day, a holiday honoring the men and women who served in the US Armed Forces during war or peacetime. The occasion will close federal offices and many schools across the country on Wednesday, but we’ll keep the lights on here at Finovate’s Fintech Rundown, with the latest in fintech news and announcements all week long.
Payments
- B2B payments solution provider Pliant raises $80 million in Series C funding.
- KCB Tanzania teams up with PayPal to integrate PayPal’s services into its KCB Mobile App.
Stablecoins
- Cross-chain execution solution Aurora Intents, a product of Aurora Labs, partners with stablecoin infrastructure platform Wirex.
Digital banking
- UK-based Islamic bank AlRayan Bank partners with Monument Technology to facilitate its transition to a modern, cloud-based, modular banking platform.
Embedded finance
Agentic AI
- BMO introduces AI Agent Assist to help respond to queries from credit card customers.
- Nivo unveils new web site to enable lenders to test its AI Assistant for Lenders solution free for two weeks.
Cybersecurity
- JPMorgan Chase inks cybersecurity and coding arrangement with OpenAI.
- Abay Bank turns to JMR Infotech to enhance its financial crime compliance
Personal financial management
- In partnership with Plaid, Anthropic launches personal finance tool for Claude that enables users to connect bank and card accounts.
Photo by sydney Rae on Unsplash
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