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18.06.25 - 10:54
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UBS Invests in UK Fintech Icon Solutions to Shape the Future of Payments Technology (Business Wire)
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Swiss bank leads new funding round; joined by existing investors Citi and NatWestLONDON--(BUSINESS WIRE)--Icon Solutions, the UK fintech enabling banks globally to design and implement state-of-the-art payment systems, has today announced a new equity investment from UBS. Icon has also secured additional funding from existing investors Citi and NatWest.
Pieter Brouwer, Head of Group Operations and Technology Office (GOTO) for Personal & Corporate Banking and GWM Switzerland & International, at UBS comments: “Icon, an important partner of UBS, plays a crucial role in modernizing payment platforms with innovative infrastructure solutions.” Brouwer adds: “This investment reinforces our partnership with Icon and confirms our commitment to deliver faster to market, future-ready payment solutions for our clients. The collaboration helps us drive innovation at scale and enhances our capabilities for seamless instant payments and advanced transaction processing.”
UBS will join existing investors Citi and ...
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11.06.25 - 15:06
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On the Heels of Global Expansion, Former NatWest CEO Alison Rose, IDB Chairman Ilan Kaufthal and Former Chase CRO Marshall Lux Join ThetaRay Advisory Board (Business Wire)
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The appointments of these banking titans signal a turning point in AI innovation across the financial sector and reinforce ThetaRay's position at the forefront of Cognitive AI for transforming financial crime compliance.NEW YORK--(BUSINESS WIRE)--#CognitiveAI--ThetaRay, a global leader in Cognitive AI financial crime compliance solutions, today announced the appointment of three distinguished financial industry leaders to its Advisory Board: Dame Alison Rose, Ilan Kaufthal, and Marshall Lux. Their combined expertise in banking, risk management, and strategic growth will help guide ThetaRay's mission to safeguard the global financial system with cutting-edge cognitive AI technology.
“These Advisory Board appointments signal a seismic shift in the financial industry, one that embraces AI as a key driver to confront financial crime, but also to revitalize correspondent banking and cross-border payments,” said Erel Margalit, Chairman of ThetaRay. Three finance heavyweights joining us is a powerful endor...
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