Boston’s PredictAP garners $8m for expansion of real estate FinTech solution
PredictAP, a company specializing in real estate financial technology, has successfully closed its Series A financing round, amassing $8m. According to FinSME, this noteworthy...
BankingON bags funding to introduce Boucoup for family finance in credit unions
BankingON, a prominent name in the FinTech sector, has recently successfully concluded its Series A funding round.
MPowered Mortgages innovates with new cashback scheme on home loans
MPowered Mortgages, a key player in the prime residential mortgage sector, has introduced a novel cashback offer on its home loan products.
US Inspector General outlines persistent barriers in cyber threat info sharing
The latest report from the Office of the Inspector General of the Intelligence Community casts a spotlight on the enduring challenges hindering the federal government's efforts in sharing cybersecurity threat information.
The future of KYC: Adapting to new challenges in the banking sector
Fenergo's recent webinar, 'KYC, AML, & Onboarding in 2023 – Were Lessons Learned or Do Old Habits Die Hard?', brought together compliance experts to delve into findings from research on over 1100 executives from global banks. This study, encapsulated in the report 'KYC in 2023', reveals a significant 17% rise in the average cost of KYC (Know Your Customer) reviews, accompanied by an 11-day increase in their duration over the past year.
Assessing the global ripple effect of the German Supply Chain Due Diligence Act
As the first anniversary of the German Supply Chain Due Diligence (LkSG) Act comes round, Moody's Analytics recently considered the substantial shifts and impacts this legislation has introduced.
Decoding the UPI: Revolutionizing OTC derivatives reporting in global markets
The introduction of the Unique Product Identifier (UPI) under the European Union’s EMIR REFIT marks a significant shift in over-the-counter (OTC) derivatives reporting. This...
FCA launches sustainability group aiming to revolutionise financial advice
The FCA is spearheading an initiative by establishing an industry-led working group focused on bolstering capabilities in sustainable finance.
BIS unveils Project Hertha program to help secure private real-time payments
In the FinTech landscape, payments system protection against financial crime is key, especially when it involves maintaining user privacy.
Visa expands payment solutions with pioneering acquisition of Pismo
Visa has announced the acquisition of Pismo, a trailblazing firm renowned for its cloud-native issuer processing and core banking platform.