Industry News

Generative AI has become a global sensation, transforming industries with its versatility in content creation, translation, coding, and even education.

Miggo Security, an Israeli cybersecurity firm, today unveiled a successful seed funding round, raising $7.5m.

The Canadian government has confirmed its commitment to establishing an open banking legislation by the end of this year, a move that has been long anticipated following a detailed three-year study comparing with the UK's approach.

As financial crimes evolve with increasing complexity, the urgency for an integrated approach to AML compliance and investigations is more apparent than ever.

Robo-advisors have emerged as a groundbreaking development in the investment world, particularly resonating with the modern investor's ethos.

A recent KPMG survey has found the majority of US corporate leaders hold an optimistic view regarding the financial returns on their sustainability investments within a timeframe of 3-5 years. 

Finastra has recently made a significant enhancement to its Trade Innovation technology by integrating AI-powered ESG scoring capabilities, in partnership with CoriolisESG from TradeSun.

New research from Beyond Encryption indicates that 'account fatigue' significantly impacts customer engagement with FinTech portals and platforms. UK consumers, managing about 119 different online accounts on average, report feeling overwhelmed by the sheer number of logins required, especially in the financial sector.

Antler, a prominent zero-day investor, recently announced a substantial investment totalling more than £1m in nine promising British tech startups.

Thalees' 2024 Imperva Bad Bot Report has brought to light that nearly 50% of internet traffic in 2023 was generated by bots, marking a 2% increase from 2022.