The Weekly Wrap: all you need to know by Friday COB | Oct 3rd

By Puja Sharma

The Weekly Wrap is published every Friday and recaps the week’s main stories and deals, as well as upcoming events and announcements for Prime subscribers only.

The Big Story

LSEG Risk Intelligence has launched World-Check Verify, a next-generation cloud-native screening API powered by Amazon Web Services (AWS). The solution embeds real-time compliance directly into payment and onboarding workflows, ensuring seamless, secure checks without compromising transaction speed or customer experience.

As financial services accelerate towards instant payments and embedded finance, compliance requirements are intensifying under frameworks such as the EU Instant Payments regulation. World-Check Verify addresses this market inflexion point by delivering lightweight, stateless screening at enterprise scale. With unmatched speed, resilience, and privacy safeguards, the solution enables financial institutions and FinTech platforms to balance regulatory obligations with frictionless digital experiences.

World-Check Verify leverages LSEG’s trusted World-Check data and AWS’s secure, scalable cloud infrastructure to deliver real-time screening that integrates directly into customer journeys. The solution is designed for high-performance digital environments such as neobanks, cross-border platforms, and large-scale enterprise systems. Its architecture provides embedded, low-latency screening within payments and onboarding, highly available cloud-native infrastructure optimised for digital-first platforms, data sovereignty safeguards, and enterprise-grade security. Flexible integration and advanced configuration enable alignment with institutional compliance policies, while its resilience ensures performance in global, high-volume transaction environments.

Deals of the week

• Plumery expands digital banking platform to Canada
• EvoluteIQ secures $53m to expand agentic AI platform
• Fibe teams up to offer EMI financing for dental treatments
• Clarity raises $12m to bring safe AI to customer service
• SunTec launches AI-powered Xelerate deal management
• OnFinance AI raises $4.2m to expand generative AI for BFSI

Be on the lookout for

Nominations Closed!!

The IBSi Global FinTech Innovation Awards 2025, set to take place on 21st November in Mumbai, will once again spotlight the most disruptive and transformative achievements in banking and financial technology. Now in its seventh year, the awards honour innovation across high-impact categories such as Core Banking, Digital Lending, AI/ML, and GenAI.

After a record-breaking 2024 edition—which drew 400+ submissions from 155 banks and 90 tech vendors—the upcoming awards are poised to set an even higher benchmark. Expect broader global participation, richer insights into bank–tech collaboration, and a data-driven judging process powered by IBS Intelligence’s proprietary research and analytics.

Beyond trophies, winners benefit from year-long visibility through editorial features, thought leadership opportunities, and industry event integrations—making this a platform not just for recognition, but for continued growth and influence.

The stage is set, nominations are in—now the countdown begins to GFIA 2025. Stay tuned as we celebrate the innovators reshaping the future of global FinTech.