Industry News

GRI

GRI unveils biodiversity standard to revolutionise corporate transparency

The GRI has unveiled a comprehensive update to its Biodiversity Standard, codenamed GRI 101: Biodiversity 2024.
Bilt

Bilt Rewards secures $200m investment, propelling valuation to $3.1bn

Bilt Rewards, a key firm in the loyalty space focusing on rent and neighbourhood rewards, has secured an equity investment.
Python in insurance: Paving the way for actuaries and insurers

Python in insurance: Paving the way for actuaries and insurers

The insurance sector, traditionally slow in embracing modernisation, is progressively adopting programming languages to refine workflows and bolster decision-making capabilities. Among these, Python has...
Driving change with data: The evolution of sustainability in financial reporting

Driving change with data: The evolution of sustainability in financial reporting

The macroeconomic environment is undoubtedly a focal point in today's discussions within wealth management, banking, and insurance sectors. However, the urgency of addressing climate...
transactions

Mastering transaction monitoring: Techniques and compliance in spotting suspicious activities

Renowned RegTech firm Flagright recently outlined a step-by-step guide to investigate suspicious activities. 
Heal

Heal Security secures $4.6m boost to strengthen healthcare cybersecurity

Heal Security, a Menlo Park, CA-based innovator in the cybersecurity domain, has successfully closed a funding round of $4.6m.
ECB

ECB report reveals shocking climate risk in 90% of European banks’ portfolios

The ECB has found 90% of banks' loan portfolios are not aligned with global climate goals and the EU’s 2050 climate neutrality target.
CFPB

The CFPB aims to eliminate new junk fees in banking

The CFPB has proposed a new rule aimed at curbing the imposition of NSF fees on real-time declined transactions.
NCSC

Emerging AI tech amplifies ransomware dangers, NCSC warns

In a report by the NCSC, a warning has been issued about the growing threat of ransomware amplified by AI advancements.
Ingenico

Ingenico links with Visa’s Cybersource for SmartPOS Solution in APAC

Ingenico has entered into a strategic alliance with Cybersource, a global payment and fraud management platform operated by Visa.

News Stories

Scanning inverted barcodes may seem like a complex process, but modern technology has made it manageable. Barcode scanners, especially camera-based ones, have sophisticated methods to identify and decode inverted barcodes accurately. The key lies in the quiet zone surrounding the barcode and the start and stop patterns inherent in 1D barcodes, as Scanbot SDK explains.

The technology behind scanning inverted barcodes: A comprehensive guide

Scanning inverted barcodes may seem like a complex process, but modern technology has made it manageable. Barcode scanners, especially camera-based ones, have sophisticated methods to identify and decode inverted barcodes accurately. The key lies in the quiet zone surrounding the barcode and the start and stop patterns inherent in 1D barcodes, as Scanbot SDK explains.

Five major hurdles financial institutions face in client onboarding

A survey conducted by Muinmos has shed light on the significant hurdles financial institutions face during client onboarding.
The Global Reporting Initiative (GRI) and the Taskforce on Nature-related Financial Disclosures (TNFD) have jointly introduced an interoperability mapping resource designed to align TNFD Disclosure Recommendations with GRI Standards.

GRI and TNFD launch tool to enhance biodiversity reporting

The Global Reporting Initiative (GRI) and the Taskforce on Nature-related Financial Disclosures (TNFD) have jointly introduced an interoperability mapping resource designed to align TNFD Disclosure Recommendations with GRI Standards.
Lloyds Banking Group, a leading UK financial institution, has appointed Rohit Dhawan as director of AI (artificial intelligence) and advanced analytics.

Rohit Dhawan joins Lloyds Banking Group to lead AI Centre of Excellence

Lloyds Banking Group, a leading UK financial institution, has appointed Rohit Dhawan as director of AI (artificial intelligence) and advanced analytics. In his new role,...
Malaysia

Malaysia’s path to enhanced financial transparency and AML compliance

Financial institutions and regulated entities across Malaysia are gearing up for the nation’s fifth mutual evaluation by the FATF, scheduled for 2025.

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