OCR Studio, a developer of AI-powered document recognition systems, has adapted its OCR MRZ-scan solution in advance of the upcoming ICAO/ISO changes to the machine-readable zone (MRZ) format in identity documents. The system correctly handles IDs that follow the current ICAO Doc 9303 specification as well as those that will comply with the new standard once it is officially adopted. This helps banks, fintech companies, telecom operators, government agencies, and other regulated businesses maintain stable KYC and border-control workflows throughout the transition period.

As federal policymakers explore faster, more decentralized approaches to disaster relief, new research from Socure reveals that these programs are deeply vulnerable to fraud, and that bad actors possess the scale and sophistication to exploit existing weaknesses, as well as those introduced by proposed reforms.

Sequence today announced a $20M Series A led by 645 Ventures, alongside a16z, Firstminute Capital, Passion Capital, Dig Ventures and Vor Capital. A group of world class founders and execs including the CFOs at Decagon, Klaviyo and Wise also joined the round. The new financing comes after a year of 10x ARR growth, driven by mid-market and enterprise companies like Cognition, Legora, Bridge, 11x, and Incident.io choosing Sequence to automate revenue operations. Sequence has raised $40M to date and will use the new capital to accelerate investment on their agent roadmap to eliminate manual finance work, expanding both the engineering and go to market teams.

MANTL, an Alkami solution team and a leading provider of loan and deposit account opening technology, today announced a strategic partnership with Method Financial (Method), a provider of consumer permissioned financial connectivity. Through this partnership, Method’s real-time liability data will be integrated directly into the MANTL Loan Origination platform, empowering financial institutions to streamline decisioning, improve prequalification accuracy, and deliver a faster, more transparent refinancing and debt consolidation experience across their physical and digital banking channels.

Montran officially launched Montran Africa, its regional headquarters based out of Kenya

Apiture, a leading provider of digital banking solutions — now part of CSI — today announced the launch of My Data Exchange™, a new feature enabling financial institutions to offer account holders greater visibility and control over how their data is shared with third parties. With My Data Exchange, consumers and businesses can securely locate and link their financial accounts to budgeting, lending, accounting, and other apps directly within those third-party experiences.

myTU, the AI-native, cloud-first digital banking platform, has introduced SEPA Direct Debit to expand its payment capabilities for businesses across the European Union. The new feature enables companies to collect both recurring and one-off payments directly from customer bank accounts under the SEPA CORE scheme.

BridgeWise, the global leader in AI for investments, today announced the development of FixedWise, a new solution designed to transform how European and global investors analyse corporate bonds. Built to address the unique dynamics of Europe’s expanding debt market, this is the first solution delivering granular, AI-driven bond insights at scale and providing in-depth analysis at the individual bond level for every investor, from retail to institutional.

Signicat, Europe’s leading provider of digital identity and fraud prevention solutions, and Markaaz, the leading global business identity and intelligence platform, today announced a strategic partnership to enhance Signicat’s Digital Identity and Orchestration Platform with the most complete and continuously verified global business identity intelligence available.

HSBC Holdings plc (“HSBC Group” or “HSBC”) and The Hongkong and Shanghai Banking Corporation Limited (“HSBC Asia Pacific”) today announced the despatch of the scheme document regarding the proposal for the privatisation of Hang Seng Bank by way of a scheme of arrangement (the “Scheme” and together the “Scheme Document”).

Eltropy, the leading AI-powered conversations platform for community financial institutions (CFIs), today announced the launch of E-Notary, allowing CFIs to complete secure, state-compliant electronic notarizations during live video banking sessions. The new capability addresses a critical operational bottleneck that delays loan closings by days or weeks and drives member abandonment.

Alkami Technology, Inc. (Nasdaq: ALKT) (“Alkami”), a digital sales and service platform provider for financial institutions in the U.S., today announced the launch of Alkami Foundry (Foundry), a new centralized hub on alkami.com, designed for technology leaders, developers, and fintech partners.

Tieto Banktech has entered into a 5-year agreement with Cultura Bank to deliver modern full-service technology solutions, ensuring cost-effective banking operations and predictable technology costs.

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