Enhanced Due Diligence (EDD) is a crucial but resource-intensive process for banks and financial institutions, requiring a detailed, thorough, and time-consuming assessment of the money laundering, fraud, sanctions, or terror financing risks a customer presents. Today, WorkFusion, a pioneer in AI Agents for financial crime compliance, announced the launch of Edward, an AI Agent specifically designed to automate and accelerate the laborious EDD process, significantly reducing manual effort and bolstering risk mitigation.

Kraken, a technology platform built on crypto that unlocks access and reduces inefficiencies to drive financial freedom, today announced the launch of Kraken Derivatives US, a regulated US derivatives offering. The launch will initially provide direct access to crypto futures listed on the CME through an integrated Kraken Pro trading experience.

Zelle today announced that at least 178 new financial institutions from communities in all parts of the country have gone live

JustPaid launched three exciting new features this summer, designed to streamline workflows, accelerate growth, and put intelligent automation at the center

The acquisition accelerates InDebted’s mission to transform the traditional debt collection sector through ethical, modern solutions

TIFIN has launched a new multilingual LLM innovation hub in India to expand access to financial AI across global markets

Lemonade announced its 2025 Giveback, marking the ninth consecutive year of turning leftover premiums into life-changing support for communities

Signicat announced its acquisition of Inverid, the pioneering Dutch provider of NFC-based digital identity verification

Yabx has launched a groundbreaking Generative AI-powered voice solution aimed at boosting financial literacy

Checkout.com has launched its operations in Canada, expanding its footprint across North America

Lloyds, Aberdeen, and Archax announce a collaboration of their trading businesses to advance the use of cutting edge blockchain technology using RWAs as collateral

TikTok and Visa have announced a strategic collaboration to support SMBs across the United Arab Emirates

Yasmina, the pioneering embedded insurance platform based in Riyadh, has successfully secured $2M in Seed funding

PensionBee is calling again for the urgent introduction of a legally mandated 10-day pension switch guarantee

Ottu, the Middle East’s leading Online Payment Management System, proudly announces the signing of an integration partner agreement with Ellucian