Company News

Westpac hit with several lawsuits from securities buyers following reports about it failing to...

One of the four biggest Australian banks is facing some huge challenges. Not only is Westpac accused of having breached anti-money laundering (AML) and counter-terrorism financing (CTF) regulations, but it is now also dealing with a smattering of lawsuits.
ESG

Is there a lack of confidence around ESG reporting?

Deloitte has found less than half are confident in the ability of firms’ collection of ESG metrics for regulatory compliance purposes.  

Citi backs FinTech Sharegain in $64m Series B

Sharegain, a capital markets infrastructure FinTech looking to democratise the securities lending industry, has raised $64m from a Series B funding round led by WestCap.

Munich Re, HCL collaborate to transform digital workplace offering

Global reinsurer Munich Re has teamed with technology firm HCL Technologies to develop a ‘next-generation’ digital workplace for Munich Re workers.
Fabric

Silicon Valley’s Fabric Cryptography launches with $33m Series A funding

Silicon Valley-based Fabric Cryptography, has announced a boost to its innovative operations with a successful $33m Series A funding round. The round was co-led...

Shift Technology to help Suravenir Assurances with fraud detection

Shift Technology, an AI-powered fraud detection and claims automation solution, is deploying its solution to property insurer Suravenir Assurances to help tackle fraudulent claims.
net zero

Australia establishes new national net zero authority

The Australian government has created a new net zero authority to ensure stakeholders can ‘seize the opportunities’ of net-zero.

Here are last week’s 30 FinTech funding rounds you might have missed

This week’s 30 FinTech funding rounds were championed by a colossal $1bn investment raised by CyberTech platform Securonix.

Thailand central bank unveils plans for digital currency pilot in 2022

The Bank of Thailand (BOT) has revealed it intends to begin a retail central bank digital currency (CBDC) pilot study in the second quarter of 2022.
DNA Payments, one of the largest independent, vertically integrated omnichannel payment companies in the UK and EU, has announced a new appointment to its leadership team.

DNA Payments strengthens leadership team with new CFO appointment

DNA Payments, one of the largest independent, vertically integrated omnichannel payment companies in the UK and EU, has announced a new appointment to its leadership team.

News Stories

Legal & General partners with Moneyhub for innovative pensions dashboard

Legal & General (L&G) has teamed up with Moneyhub, a leader in FinTech and Open Finance technology. This collaboration aims to enhance how individuals plan...
tax

Addressing the challenges of intermediary structures in tax operations

Managing intermediary structures within tax operations has long been a complex task. These structures typically feature multiple layers of ownership and a variety of...
In the fast-paced world of banking, acquiring new customers is essential for growth. dacadoo, a leader in Digital Health Engagement Platforms (DHEP), has outlined eight key strategies that combine both traditional methods and digital innovation to help banks attract and retain customers. These approaches focus on creating meaningful interactions, improving customer experiences, and building strong brand loyalty.

8 key strategies for customer acquisition in banking

In the fast-paced world of banking, acquiring new customers is essential for growth. dacadoo, a leader in Digital Health Engagement Platforms (DHEP), has outlined eight key strategies that combine both traditional methods and digital innovation to help banks attract and retain customers. These approaches focus on creating meaningful interactions, improving customer experiences, and building strong brand loyalty.
AI

How will the EU’s AI Act impact the financial market?

The Artificial Intelligence Act officially came into force on 1 August 2024. The Act, one of the first of its kind, establishes a common regulatory and legal framework for AI within the European Union. How will it impact the financial sector?
New Zealand-based insurer Tower has entered into a partnership with HealthCarePlus to offer its products to members of various unions, including house, contents, and motor insurance.

Tower partners with HealthCarePlus to provide exclusive insurance products to union members

New Zealand-based insurer Tower has entered into a partnership with HealthCarePlus to offer its products to members of various unions, including house, contents, and motor insurance.

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