Industry News

Financial crime prevention spend to exceed $28bn by 2027

Financial crime prevention spend to exceed $28bn by 2027

Global software spend on financial crime prevention tools will exceed $28.7bn by 2027, up from $22.1bn in 2023, Juniper Research claims.
ComplyAdvantage combats payment fraud with groundbreaking AI solution

ComplyAdvantage combats payment fraud with groundbreaking AI solution

London-based ComplyAdvantage, the forerunner in financial crime intelligence, is stepping up the fight against payment fraud with the launch of its novel AI-powered solution, Fraud Detection.
risk

How financial institutions can safeguard integrity with the three-step risk-based method

In a recent post by Fenergo, the company outlined how FI's are able to safeguard integrity with a three-step risk-based method. 
ECB

Germany names ECB IT head to lead national cyber agency

Germany has appointed Claudia Plattner, the former head of IT systems for the ECB, as head of its national cyber agency.
M&G

Leading sustainability expert Kathy Ryan appointed by M&G

M&G, an international saving and investment enterprise, has welcomed Kathy Ryan into its fold as the new Chief Sustainability Officer.

Nature Action 100 transforms corporate accountability with new benchmark indicators

Nature Action 100 has introduced benchmark indicators for evaluating the nature-related ambition and action of its 100 companies.
International online shopping to surge as trust in merchants grows

International online shopping to surge as trust in merchants grows

In an era where digital borders are increasingly becoming a thing of the past, a recent report by Airwallex, in collaboration with Edgar, Dunn & Company, has highlighted a significant trend: a surge in cross-border spending.
TS Imagine enhances hedge fund treasury solutions through strategic Kayenta partnership

TS Imagine enhances hedge fund treasury solutions through strategic Kayenta partnership

TS Imagine, a premier global provider specializing in trading, portfolio, and risk management solutions for financial institutions, has joined forces with Kayenta, an acclaimed...
FATCA

Navigating the labyrinth of FATCA and CRS compliance in the APAC region

In a recent post by TAINA Technology, the company dug deeper into remaining compliant with FATCA and CRS compliance in APAC.
Tradeteq

Tradeteq clinches $12.5m in funding ahead of US entry

Tradeteq, the technology provider for securitisation-as-a-service and bank asset distribution, has bagged $12.5m in a funding raise.

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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