Transforming FinTech: The 7-fold Benefit of Automating KYC Processes
In an era of growing operational costs, it has become a pressing necessity for banks to embrace efficient Know Your Customer (KYC) practices. The global spend on regulatory technology (RegTech) is predicted to ascend to $207bn by 2028, a forecast that urges banks to channel their investment into automating their manual KYC processes.
Did you hear about these 33 funding rounds this week?
There were 33 funding rounds in the FinTech space this past week, with the biggest deal seeing a whopping £345m investment for business credit...
Majority of business leaders optimistic about meeting sustainability disclosure requirements
Honeywell has released a survey stating over 80% of business leaders are confident their firms will comply with disclosure requirements.
Tietoevry boosts global digital engineering with MentorMate acquisition
Tietoevry, a renowned player in the world of digital services and software, has made a strategic move to acquire MentorMate.
Collectly clinches $29m for healthcare financial engagement innovation
Collectly, a patient financial engagement software for medical groups, has completed a recent Series A raising $29m.
Post Office and Air Doctor team up to ease travel health anxieties
The Post Office has teamed up with Air Doctor in a strategic partnership that comes amid growing travel health anxieties amongst Brits.
Harnessing the power of employee apps with integrated scanning functions
Scanbot recently highlighted the benefit that can be accrued from employee apps with the use of integrated scanning functions.
Beyond hype and armageddon: How AI is shaping the financial services industry
In a world that is constantly evolving, AI is proving to to be one of the biggest change-makers. How is it shaping finance?
Global regulators turn the heat up on trade surveillance: How can firms cope?
In a recent post, RegTech firm Eventus outlined key reasons why practitioners must be the key drivers behind trade compliance.
US Fed unveils FedNow, ushering in new era of instant banking transactions
In an endeavour to modernise financial transactions, the Federal Reserve launched its instant payment platform, the FedNow Service.
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