Industry News

Bloomberg, a global leader in financial data and analytics, has made headlines with its latest innovation.

The turbulent financial market is forcing companies to increase the scrutiny of their budgets. Rather than simply allowing hype to dictate their spending, firms are starting to see whether their initiatives are generating enough value. One of the areas that could be on the chopping block is public cloud, according to Joel Berwitz - Managing Consultant at technology transformation company CNNECT.

Legit Security, a cutting-edge cybersecurity enterprise, has celebrated a milestone by securing a substantial investment of $40m. 

The new generation of UK bank users are turning away from traditional brick-and-mortar banks in favour of digital banking, leading a major shift across Europe.

Over the past few years, WealthArc, which helps automate workflows for wealth managers,  has spoken to many prospects about Portfolio Management Systems (PMS). Far too many have responded with interest in PMS, but stated they don't need a solution for client relationship management. 

A recent study by Foolproof has emphasised customers' desire for a more human interaction in their banking experiences.

Afterpay has tapped Cloudera, a hybrid data firm, for its Cloudera Data Platform to run streaming analytics and advanced ML for real-time fraud detection.

In the age of enhanced due diligence, knowing your customer has evolved from a simple onboarding task to the lifeblood of a compliant, modern...

RegTech has transformed how institutions approach their regulatory responsibilities. By reducing manual tasks, cutting costs, and sometimes enhancing customer experience, RegTech is increasingly becoming an integral tool in various industries.

This week saw another quiet week in FinTech with only 12 funding rounds recorded by FinTech Global and a total funding amount of $107m.