Illuma Labs closes $9M Series-A to drive innovation and fight bank fraud

Illuma Labs, a leader in voice authentication technology for banking contact centers, has secured $9 million in Series A funding led by LiveOak Ventures, with participation from Forefront Venture Partners, Curql Fund, UsNet, Capital Factory, Connexus, and TDECU. This investment will accelerate the development of Illuma’s voice verification solutions, addressing threats like fraud, voice cloning, and deep fakes and expanding its reach to more credit unions and banks nationwide. Illuma founder and CEO, Milind Borkar,...

Groupe Meilleurtaux Appoints Thomas Vandeville as CEO

Groupe Meilleurtaux (“Meilleurtaux” or the “Company”), a leading financial services marketplace in France, Belgium, and Luxemburg, backed by Silver Lake (93% shareholder), announced that Thomas Vandeville has been appointed Chief Executive Officer, effective September 12, 2024. Thomas Vandeville brings over 25 years of experience driving strategic business outcomes, large transformations, operational excellence, and innovation within the banking, insurance, and asset management industries, most recently as Deputy CEO of Groupe CCF and previously of HSBC France,...

tZERO Gets Landmark Approval for Digital Securities Custody in U.S.

tZERO Group Inc., a leader in technology solutions for capital markets, proudly announces the respective Securities and Exchange Commission (SEC) and Financial Industry Regulatory Authority (FINRA) approval of tZERO Digital Asset Securities as a new Special Purpose Broker-Dealer for digital asset securities custody. This is only one of two licenses for a regulated broker-dealer digital asset security custodian that have been approved in the United States since the rules were introduced by the SEC in 2020, serving...

United Community Banks, Inc. Names Sally Pope Davis to BOD

United Community Banks, Inc. is pleased to announce the addition of Sally Pope Davis to its Board of Directors. Davis recently retired as a managing director after a 35-year career at Goldman Sachs. She co-led one of the industry’s largest small-cap value funds during her tenure at Goldman Sachs Asset Management, while also having specific responsibilities for and expertise in investments across the financial sector, including banking, insurance, capital markets and specialty finance companies. She joined Goldman Sachs...

Tarabut Acquires Vyne Ahead of New MENA Regulatory Requirements

Tarabut, the first and largest regulated open banking platform in the MENA region, announced the acquisition of London-based Vyne, a real-time account-to-account (A2A) payments platform for online businesses. This strategic acquisition, which has been approved by both the Saudi Central Bank (SAMA) and the UK’s Financial Conduct Authority (FCA), bolsters Tarabut’s ability to deliver faster, more accessible, and more interconnected financial services, both across the region and globally. The deal closed officially on August 1st,...

Axway Completes Acquisition of Sopra Banking Software

Axway announces the successful completion of the acquisition of Sopra Banking Software, establishing one of France’s top enterprise software publishers, with leading positions in banking and financial services. This major step in the company’s development not only marks a change in dimension, but also initiates a transformative alliance project aimed at delivering substantial value to all its stakeholders. First announced at the end of February, Axway’s proposed acquisition of Sopra Banking Software was made possible...

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