Industry News

Yonder implements GoCardless' variable recurring payments

Yonder implements GoCardless’ variable recurring payments

Yonder, a rewards credit card company, has strengthened its partnership with GoCardless, a global leader in direct bank payments.
The future of KYC: Adapting to new challenges in the banking sector

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.

Solid week for FinTech deals with 28 recorded

A total of $459m was raised across all the FinTech deals that were recorded this week by FinTech Global.  Leading the way of all the...
Fidelity

Fidelity rolls out two Article 9 funds amid sustainable investment surge

Fidelity has expanded its investment line-up with the introduction of two new funds classified as Article 9 under the EU's SFDR.
Neo

FinTech Neo marks €10bn milestone amidst banking diversification wave

Neo disclosed today that it has successfully cleared over €10bn through its innovative corporate multi-currency accounts. .
betterview-launches-roof-age-solution-for-P&C-insurers

Betterview launches AI-powered roof age solution for P&C insurers

Betterview, an InsurTech that provides property risk intelligence, has launched an AI-powered roof age solution to support property and casualty (P&C) insurers.
Navigating the regulatory minefield: Record fines highlight 2023's compliance challenges

Navigating the regulatory minefield: Record fines highlight 2023’s compliance challenges

In 2023, the global regulatory landscape unveiled a startling revelation as fines imposed by authorities exceeded a colossal $10.5bn. This figure not only reflects the stringent enforcement actions but also spotlights the emerging areas of regulatory scrutiny.
Chinese

Chinese authorities set to intensify financial corruption crackdown

Chinese authorities have warned the country’s top bankers that the crackdown on the industry ‘is far from over’ in a recent private meeting.
RBA releases use cases for pilot of CBDC in Australia

RBA releases use cases for pilot of CBDC in Australia

The Reserve Bank of Australia (RBA) has announced a collaboration with the Digital Financial Cooperative Research Centre (DFCRC) on a research project to explore potential use cases of CBDC in Australia.
Tesla-Insurance-reports-strong-growth

Tesla Insurance reveals strong growth

Tesla Insurance has reportedly revealed its Q4 2022 results which indicate that the business is growing.

News Stories

Euronext

Euronext launches new ESG initiatives to propel sustainable finance

Euronext, the leading pan-European market infrastructure, is strengthening its commitment to sustainable finance and corporate transparency.
Novata

Novata introduces cutting-edge sustainability tools for private companies

Novata, a leader in sustainability technology for private markets, has unveiled Novata for Companies, a new service tailored to support private companies in effectively managing their sustainability challenges.
Venminder

Ncontracts expands third-party risk solutions with acquisition of Venminder

Ncontracts, a provider of integrated compliance, risk, and vendor management solutions, has acquired Venminder, a third-party risk management platform.

Absolute Security boosts cyber resilience with Syxsense acquisition

Absolute Security has expanded its capabilities by acquiring Syxsense, a noted innovator in automated endpoint and vulnerability management.
Aspen, a global specialty insurer and reinsurer, has announced an expansion of its partnership with Coalition, a leading Active Insurance provider, through the launch of Coalition Re.

Aspen extends partnership with Coalition

Aspen, a global specialty insurer and reinsurer, has announced an expansion of its partnership with Coalition, a leading Active Insurance provider, through the launch of Coalition Re.

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