Industry News

The GFANZ has recently made significant strides into Asia with its most newest member: the Hong Kong Chapter.

Direct Line has acquired By Miles Group, a Managing General Agent (MGA) and provider of real-time pay-by-mile insurance policies.

Mangopay, a provider of modular payment infrastructure, has announced the addition of Bertrand Dezard as the new Head of Sales for Fraud.

The Central Bank of Cyprus (CBC) has taken a significant step towards modernising its banking sector by awarding a tender to a joint venture between Aqubix and Infocredit Group.

Aveni has been selected by Schroders Personal Wealth to transform its compliance function through the deployment of the Aveni Detect platform.  

Compliance automation is a game-changer in how chief compliance officers (CCOs) present crucial regulatory compliance information to board members. This technological advancement not only makes compliance processes more efficient but also equips board members with vital knowledge for informed decision-making.

Financial institutions often fall prey to money launderers who exploit these platforms to funnel, mask, transfer, and cleanse ill-gotten gains. This doesn’t just endanger the specific institution but imperils the credibility of the entire financial system.

Wolters Kluwer, a provider of solutions, empowers professionals across various industries, has launched a Regulatory Violations Intelligence Index.

In a recent post by OMNIA Protocol, the firm took a deep dive into how exactly private and public Mempools work. 

Visa, a global leader in digital payments, has signed a definitive agreement to acquire Pismo, an operational cloud-native issuer processing and core banking platform in Latin America, Asia Pacific, and Europe.