Company News

US warns of citizens of rising SMS phishing attacks

The Federal Communications Commission (FCC) has warned US citizens of a rising tide of SMS phishing attacks in the country.

Telr launches BNPL platform following tabby partnership

Dubai-based payments gateway company Telr introduced a buy now, pay later (BNPL) solution after entering a partnership with compatriot BNPL firm tabby.
MAS

MAS’s new powers set to reinforce Singapore as global financial hub

The MAS has been granted broader investigative and supervisory authorities over the finance sector, following the passage of a new Bill in Parliament. According to...
Guidewire and Akur8 have introduced a groundbreaking accelerator designed to streamline pricing processes within the insurance industry.

Akur8 and Guidewire launch groundbreaking accelerator for P&C insurers

Guidewire and Akur8 have introduced a groundbreaking accelerator designed to streamline pricing processes within the insurance industry.

Credit and debit card details exposed in potential Church’s Chicken hack attack

A hack attack may have exposed payment information about fast-food franchise Church’s Chicken’s customers.

How e-signatures and digital forms help level up customer experience

The prioritisation of end-to-end digital transformation is arriving. With the digital era evolving by the year, customer experience is becoming more and more vital.

ComplyAdvantage adds KYB data to create financial risk detection graph of individuals and businesses

Global financial crime risk data and detection technology provider ComplyAdvantage has added Know Your Business (KYB) data to create a unified data graph of individuals and business entities to double down on financial crime risks.
In today's rapidly evolving digital landscape, leveraging cutting-edge technologies like Generative AI (Gen AI) holds immense potential for businesses. However, ensuring success with Gen AI implementation within Enterprise Resource Planning (ERP) systems comes with its own set of challenges and considerations.

How to avoid failure when implementing GenAI

In today's rapidly evolving digital landscape, leveraging cutting-edge technologies like Generative AI (Gen AI) holds immense potential for businesses. However, ensuring success with Gen AI implementation within Enterprise Resource Planning (ERP) systems comes with its own set of challenges and considerations.
MAS

MAS spearheads Generative AI framework with new MindForge project

The MAS has recently completed the first phase of Project MindForge, an initiative focused on establishing a risk framework for GenAI within the financial sector.

Citigroup fined £43.9m for regulatory reporting failures

The UK’s Prudential Regulator Authority (PRA) has fined Citigroup £43.9m for failings in relation to their internal controls and governance arrangements.

News Stories

US takes the gold for FinTech deals this week - Here are this week's 36 deals

US takes the gold for FinTech deals this week – Here are this week’s...

It was a strong week for US-based FinTech companies, with 17 securing fresh capital this week.  Aside from the US dominating the week for deals,...
Deutsche Bank and BASF initiate pioneering ESG finance programme in Asia

Deutsche Bank and BASF initiate pioneering ESG finance programme in Asia

Deutsche Bank has unveiled BASF’s inaugural sustainability-linked payables finance programme in Asia, concentrating on its operations in China.
PureFacts secures major investment from GrowthCurve

PureFacts secures major investment from GrowthCurve

PureFacts Financial Solutions, a renowned provider of revenue management solutions tailored for the investment sector, recently announced a significant development.
Tuum and ComplyAdvantage join forces to enhance compliance and operational efficiency

Tuum and ComplyAdvantage join forces to enhance compliance and operational efficiency

Tuum is a next-generation core banking platform, has partnered with ComplyAdvantage, a financial crime intelligence platform that offers AI-driven risk data and fraud detection technology to a global client base.
Wisedocs bags $4.5m from CIBC to streamline insurance claim reviews with AI

Wisedocs bags $4.5m from CIBC to streamline insurance claim reviews with AI

Wisedocs, an innovative leader in the InsurTech sector, recently received a significant financial boost. CIBC Innovation Banking has extended $4.5m CAD in growth capital financing.

120,000+ FinTech leaders get exclusive industry stories delivered every week

Download the free AIFinTech100 report

FREE

Download the AIFinTech100 report for 2024 with details on each solution