Industry News

APRA

Climate change risks to now be accounted for in Australia’s financial system

The Australian government has made it compulsory for the APRA to take into account climate change-related risks in its operations.
BOCI

Asia witnesses its first tokenised security via Bank of China’s BOCI

BOCI has taken a significant stride in the FinTech realm by launching the first-ever tokenised security in APAC.
CloudZero

CloudZero nabs $32m investment in new era for cloud cost management

CloudZero, a start-up specialising in cloud cost management, has announced a significant influx of capital.
Muinmos

Expanding horizons at Muinmos: Mohamed Mortada and Jesus Sanchez join in key roles

Muinmos has announced the appointment of Mohamed Mortada as sales manager and Jesus Sanchez as senior product manager.
Generational investment divide Young favour US while elders back Britain

Generational investment divide: Young favour US while elders back Britain

In Q1 2023, young investors exhibited a preference for US markets, while their older counterparts backed British funds, as per a recent report from smart money app Plum.
Firms unprepared for FCA's Consumer Duty deadline, warns Bovill survey

Firms unprepared for FCA’s Consumer Duty deadline, warns Bovill

With the Financial Conduct Authority's (FCA's) Consumer Duty deadline just 50 days away, almost half of firms are unsure about the implementation timeline, a new Bovill survey indicates.
US

US Government ramps up cybersecurity measures with new OMB guidelines

The US OMB has launched new guidance on the prerequisites and procedures for federal agencies to acquire security guarantees.
MAS

MAS drives AI finance revolution with the 8th Global FinTech Hackcelerator

The Monetary Authority of Singapore (MAS) has announced the commencement of the 8th Global FinTech Hackcelerator.
Green

Green Check Verified’s acquisition of Komplyd to reshape cannabis FinTech landscape

Green Check Verified, a cannabis banking solutions firm, has acquired Komplyd, a CaaS platform targeting the cannabis industry.
nealthy

Blockchain firm nealthy secures $1.3m pre-seed and sets up base in Dubai

nealthy, a startup that seeks to democratise investment in Web3 tech via indices, has made a strategic move to Dubai and bagged $1.3m.

News Stories

A $140m investment secured by cyber security firm BlueVoyant stole headlines in this week's FinTech funding rounds.

$140m BlueVoyant deal steals headlines in this week’s FinTech funding rounds

A $140m investment secured by cyber security firm BlueVoyant stole headlines in this week's FinTech funding rounds.
transaction

The role of AML and transaction monitoring

In a world where opportunities for financial crime lurk in every corner, the need for strong AML and transaction monitoring practices are vital.
In the dynamic realm of risk management, pivotal factors are reshaping the role of risk executives. Financial crimes compliance, a pivotal aspect of risk management, necessitates vigilance and innovative strategies. Among these, four key factors—Revenue, Cost, Ethics, and Regulation—stand as paramount forces propelling risk leaders into the future.

The four pillars shaping the future of risk management

In the dynamic realm of risk management, pivotal factors are reshaping the role of risk executives. Financial crimes compliance, a pivotal aspect of risk management, necessitates vigilance and innovative strategies. Among these, four key factors—Revenue, Cost, Ethics, and Regulation—stand as paramount forces propelling risk leaders into the future.
financial

The future of financial compliance: Agile management through automation

The landscape of financial regulations is ever-changing, posing a significant challenge for compliance in the financial services industry.
The London Market is on the precipice of a digital transformation, and one significant initiative propelling this change is the Core Data Record (CDR) introduced by Lloyds as part of the Lloyd’s Blueprint Two programme. This strategic move aims to standardise and streamline the collection of critical transaction data, marking a pivotal leap in market efficiency. InsurTech Novidea explains why CDR matters for London market brokers. 

Why CDR matters for London market brokers

The London Market is on the precipice of a digital transformation, and one significant initiative propelling this change is the Core Data Record (CDR) introduced by Lloyds as part of the Lloyd’s Blueprint Two programme. This strategic move aims to standardise and streamline the collection of critical transaction data, marking a pivotal leap in market efficiency. InsurTech Novidea explains why CDR matters for London market brokers. 

Download the free AIFinTech100 report

FREE

Download the AIFinTech100 report for 2023 with details on each solution

120,000+ FinTech leaders get exclusive industry stories delivered every week