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The first full week of spring is bringing news of partnerships in fraud prevention, lending, and insurtech as well as new product launches in regtech and payments. Be sure to check Finovate’s Fintech Rundown all week long for the latest in updates and announcements in fintech.
Fraud prevention and identity verification
Wisconsin-based community bank IncredibleBank partners with Alloy to enhance its account opening process.
Regtech
Financial services compliance company Thistle Initiatives launches its integrated Risk Management as a Service (RMaaS) solution.
Lending
Independent asset finance provider Liberty Leasing selects Lendscape as its new contract management platform.
Insurtech
Voice-based risk assessment technology company Clearspeed teams up with insurance provider 1st Central.
Munich Re agrees to acquire digital insurance firm NEXT Insurance for $2.6 billion in cash.
Financial wellness
Arkansas announces new regulations for earned wage access (EWA) businesses.
Payments
Tietoevry Banking forges strategic partnership with customizable, tokenized payment card company Tapeeze.
Encryption and tokenization technology payments company Bluefin teams up with Printec Group to bring its PCI-validated, point-to-point encryption solution to retailers in Europe.
Somalia launches its first national instant payment system powered by BPC.
Digital banking
Canada’s largest federal credit union, Coast Capital, launches its new digital commercial banking platform courtesy of its partnership with ebankIT.
Photo by Travis Saylor
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