The EBA makes call for stronger depositor protection in the EU
The European Banking Authority (EBA) has called for stronger depositor protection in the EU It opinion focuses on the payouts by deposit guarantee schemes (DGSs)...
Ripple pulls pin on Fortress Trust acquisition
Ripple will no longer acquire chartered trust company Fortress Trust, following the news that Fortress lost $15m worth of customers' digital assets.
Biodiversity tool unveiled to help FIs manage extinction, ecological risk
A biodiversity module has been introduced to help financial institutions (FIs) explore to what extent their portfolios may impact species extinction and ecological integrity.
How CyberGRX solves the decades-old problem of third-party risk management
The level of uncertainty financial institutions have for third-party cyber risk is worrying. Firms have no idea how a company accesses their network and the back doors left open for criminals. CyberGRX was created to fix this.
idCredit and GetID launch new KYC tools
The new blockchain solution for identity verification and KYC/AML support from idCredit and GetID has been released.
Tackling financial crime: How Moody’s is identifying shell company red flags
Shell companies, often shrouded in secrecy, pose substantial risks to the global economy, being potential vehicles for crimes like fraud, tax evasion, money laundering,...
Clarity AI rolls out SFDR-compliant tool for index and ETF providers
Clarity AI, a leading sustainability technology platform, has announced the introduction of its innovative methodology.
Wise, Teleport co-founders back new European investing app in $1.5m pre-seed
UK commission-free stock trading app Lightyear has raised $1.5m from a pre-seed funding round.
INSTANDA bags $45m from Toscafund-backed funding round
INSTANDA, a no-code insurance platform provider, has secured $45m in a funding round led by growth equity investment firm Toscafund.
InsurTech Root Insurance launch renters insurance product
In an attempt to make rental insurance easier, InsurTech company Root Insurance is launching a new renters insurance product.
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