Industry News

Harnessing the chaos: Proactive risk strategies for thriving in 2024

Harnessing the chaos: Proactive risk strategies for thriving in 2024

In the fast-paced world of corporate governance, 2024 looms with unprecedented challenges. As we peer into this future, it's evident that the previous years'...
Singapore

How the Monetary Authority Singapore drives financial compliance

Flagright recently took the opportunity to take a deep dive into the Monetary Authority's history and its role in financial compliance.
wealth

UK wealth sector faces £3.8m in penalties amidst new regulations

The UK wealth management sector has faced significant financial repercussions this year, accumulating £3.8m in fines from the FCA.
Volt's launches real-time payment tech in Australia

Volt’s launches real-time payment tech in Australia

Volt, a pioneering real-time payments platform based in the UK, has recently announced its expansion into Australia. The company, renowned for its innovative financial technology solutions, has been growing rapidly, extending its services beyond the UK, Europe, and Brazil.
72% of people prefer face verification for online transactions

72% of people prefer face verification for online transactions

Seven-in-ten (72%) of consumers prefer to use face verification to secure online transactions, according to a report from iProov.
Singapore's MAS introduces stricter regulations for digital payment token services

Singapore’s MAS introduces stricter regulations for digital payment token services

The Monetary Authority of Singapore (MAS) has recently unveiled its comprehensive responses to the feedback on its proposed regulations for Digital Payment Token (DPT) service providers in Singapore. These regulations are crucial in shaping the future of digital currencies in the country.
Insuritas-selected-for-digital-insurance-platform

Insuritas selected by Island Federal Credit Union for digital insurance platform

Island Federal Credit Union has selected digital insurance agency platform Insuritas to install its full-service digital insurance agency platform.
Generative AI

Generative AI: A blessing or a curse for business efficiency?

Saifr, a RegTech company, recently took the time to question whether Generative AI will end up making business more or less efficient.
NetGuardians releases new anti-money laundering solution

NetGuardians releases new anti-money laundering solution

NetGuardians, an enterprise risk platform helping to combat fraud, has launched its new anti-money laundering (AML) transaction monitoring solution.
Vodafone

Commonwealth Bank and Vodafone unite to tackle rising SMS scams

Commonwealth Bank has embarked on a partnership with Vodafone which aims to bolster defenses against the threat of SMS scams.

News Stories

Strong week in the FinTech sector with $1.7bn raised

FinTech Global this week reported on 21 recorded deals in the FinTech sector, with a strong showing in the reinsurance space bringing the total value recorded over $1bn.

EU regulator suggests revamp in sustainable investment rules

The ESMA has recently recommended a significant overhaul of the Sustainable Finance Disclosure Regulation (SFDR) within the EU.
MNT-Halan, Egypt’s largest non-bank financial institution and FinTech, has acquired Tam Finans, a prominent commercial finance company in Turkey.

MNT-Halan expands into Turkey with acquisition of Tam Finans

MNT-Halan, Egypt’s largest non-bank financial institution and FinTech, has acquired Tam Finans, a prominent commercial finance company in Turkey.

EU banks and insurers lag in green compliance, PwC study finds

A recent PwC study has uncovered a striking deficiency in the alignment of financial institutions’ activities with the EU's taxonomy for sustainable activities. According...
India

India’s new climate finance taxonomy to propel green transition

India is poised to implement a climate finance taxonomy, as announced by the Minister of Finance, Nirmala Sitharaman, during the annual budget.

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