Industry News

ESG

EC mandates enhanced transparency in ESG ratings to foster investor trust

The European Council has recently taken a step towards regulating ESG ratings, focusing on enhancing investor confidence.
COP28

Key takeaways from COP28: Is the fossil fuel era coming to an end?

COP28, held from 30 November to 12 December 2023, has marked a historic turning point in the global approach to climate change.
Navigating the risks of ACH payment fraud: Strategies for business safety

Navigating the risks of ACH payment fraud: Strategies for business safety

Automated Clearing House (ACH) payments are a staple in modern financial transactions, offering a quick and efficient means for businesses and consumers to move...
ESG

ECON proposal fuels ESG ratings cost concerns for asset managers

The proposed amendments to the EU ESG Ratings Regulation by the ECON of the European Parliament could lead to increased costs for users. According...
AbbeyCross

AbbeyCross secures $6.5m in seed funding raise for FX platform

AbbeyCross, a pioneering company in the FX sector, announced today a significant boost in its journey and secured $6.5m.
European

Guiding AI development: Four ethical Pillars from the European Commission

In a recent post by RegTech firm Saifr, the firm outlined four ethical principles by the European Commission for developing trustworthy AI.
The role of AI and RegTech in enhancing perpetual KYC practices

The role of AI and RegTech in enhancing perpetual KYC practices

In the latest episode of the Fenergo FinTalks podcast, host Dhanum Nursigadoo engages in a thought-provoking conversation with Rory Doyle, Fenergo’s Head of Financial...
AuditOne

Smart contract security firm AuditOne clinches €800k seed investment

AuditOne, a force in the realm of smart contract security, has recently celebrated a significant milestone in its journey of bagging €800k.
Solva

Solva bags $20m to spearhead banking services in Central Asia

Solva, a FinTech company based in Almaty, Kazakhstan, recently made headlines with a significant financial boost of $20m. 
Firms are getting transaction reporting wrong, Novatus Advisory offers the solution to resolve this

Firms are getting transaction reporting wrong, Novatus Advisory offers the solution to resolve this

Transaction reporting is a necessary requirement for countless regulations, and yet Novatus Advisory co-founder Matthew Ranson believes many firms are getting this process wrong, and they might not even be aware of it.

News Stories

compliance

Leveraging compliance for competitive advantage in finance

In today's rapidly evolving financial environment, mere regulatory adherence is insufficient for firms aiming to lead the market.
NGFS

NGFS launches Version 2.0 of data directory to tackle climate finance risk

The NGFS Data Directory, an initiative led by major financial institutions including the BIS Innovation Hub Singapore Centre, the MAS and the Bank of France, aims to fortify the global financial sector against the burgeoning threat of climate change.
Bank of London

Bank of London secures £42m in oversubscribed funding round

Bank of London, a UK-based clearing bank and embedded banking service, has announced a successful £42m funding round.
MSIG Asia, a leading general insurance provider, has announced a new regional collaboration with Serenity Health Partners to transform the health insurance landscape.

MSIG partners with Serenity to reshape health insurance landscape in Asia

MSIG Asia, a leading general insurance provider, has announced a new regional collaboration with Serenity Health Partners to transform the health insurance landscape.
compliance

How new regulations and tech are shaping financial crime compliance

The landscape of financial crime compliance is rapidly transforming. Amidst political upheavals and technological advancements, the cost of compliance has become an integral part...

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