Zest AI, a leading developer of explainable artificial intelligence (AI) for credit underwriting and fraud prevention, announced Tuesday (Nov. 4) that it secured new strategic investment aimed at scaling its AI-powered lending solutions. The investment round was led by five key financial institution customers — Citi Ventures, Truliant Federal Credit Union, ORNL Federal Credit Union, … Read more
In the world of financial services, milliseconds can make or break a transaction, and the balance between speed, security, and customer experience has always been a key challenge. Fraud detection systems must be quick enough to catch fraud in real-time, but if they are too aggressive, they risk rejecting legitimate transactions, leading to customer frustration … Read more
October 16, 2025 – In a significant move that could impact the financial services sector, Deutsche Bank, Goldman Sachs, and several other banks are reportedly preparing to sell $1.2 billion of debt tied to Apax Partners’ acquisition of Finastra’s treasury and capital markets (TCM) business. The deal, first announced in May, marks a strategic reshaping … Read more