Tether commits to AI strategy with €400m NVIDIA chip purchase
Tether has committed to its strategy investing into AI technologies by purchasing over 10,000 NVIDIA H100 Tensor Core GPUs, a type of chip, at a total cost of approximately €400m.
FinTech unicorn Nium chooses London’s Square Mile for European HQ
Nium, the leader in real-time global payments, has opened a new European headquarters in London to accelerate its business expansion across Europe. The company, which...
Investment Metrics unveils cutting-edge liability reporting in its PARis solution
Investment Metrics, a subsidiary of Confluence and a leader in investment analytics and data solutions, has announced a new product.
Why KYC has an integral role in modern corporate strategy
In a recent whitepaper by RegTech firm Encompass Corporation, the company outlined what could be a smarter approach for KYC for businesses. Amidst mounting regulatory...
What you need to know about Corporate Sustainability Reporting Directive (CSRD) and ESRS
Securing assurance for your organisation’s sustainability reporting ensures the data presented is both pertinent and trustworthy. This article delves into the basics of requirements linked to the introduction of the Corporate Sustainability Reporting Directive (CSRD) and the European Sustainability Reporting Standard (ESRS).
Cisco secures Splunk for $28bn to boost AI-powered digital resilience
Cisco and Splunk, renowned for its capabilities in security and data analytics, have entered a significant acquisition agreement.
Premium homeowners insurance firm Openly secures $100m in Series D
Openly, a Boston, MA-based firm, is a premium homeowners insurance provider that recently bagged a significant financial milestone.
Navigating cyber threats in education: The shield of board management software
Digital transformation in the educational sector, encompassing elementary schools to prestigious universities, has made them a prime target for cyberthreats.
From BEAR to FAR: Australia ushers in a new age of financial accountability
Legislation concerning the Financial Accountability Regime (FAR) has received the nod of approval from both Houses of the Australian Parliament. This milestone move in 2023 lays the groundwork for a stringent accountability structure, targeting directors and top-tier executives of financial institutions across banking, insurance, and superannuation sectors.
How Arctic Intelligence is leading the way in business-wide financial crime risk assessments
Founded in 2011, Australian RegTech Arctic Intelligence is a global company that has developed enterprise risk assessment software.