Industry News

The 2024 Financial Adviser survey by FE fundinfo has provided key insights into the evolving practices of financial advisers in response to the FCA’s Consumer Duty, implemented last year.

Fortinet has announced its definitive agreement to acquire Lacework with the goal of enhancing its Security Fabric platform.

Tenable has signed an agreement to acquire Eureka Security, a leading provider of data security posture management (DSPM).

AirMDR, a leading force in AI-native Autonomous Managed Detection and Response (MDR), has successfully closed a $5m seed funding round.

Brightwave, the AI-driven FinTech company specialising in financial research, has successfully closed a seed funding round of $6m.

Lucinity, an emerging firm in FinTech, has launched its latest product, a generative AI copilot plugin, at Money2020 Europe.

The Common Reporting Standard (CRS) has significantly impacted financial institutions (FIs) globally, aiming to enhance tax transparency and cooperation among jurisdictions. Taiwan's Ministry of Finance, in a report issued in May 2024, highlighted several ongoing deficiencies in Taiwanese financial institutions' adherence to these requirements.

Theta Lake, Inc., an esteemed leader in Digital Communications Governance (DCG) and a heralded provider of Unified Communication Compliance solutions, has recently expanded its offerings.

The 2024 1LoD Surveillance Benchmarking Survey & Report, featuring insights from over 30 leading global banks, has highlighted the pressing need for banks to update their call surveillance practices. Sponsored by Wordwatch, the report outlines the operational and financial risks associated with maintaining multiple legacy systems.

The global financial landscape is witnessing a surge in interest in Sukuk, a Sharia-compliant financial instrument gaining traction beyond Islamic communities.