Industry News

The UK is planning to upgrade its instant payment system to include a modern ISO 20022-compliant architecture.

Encompass Corporation has announced the appointment of Job den Hamer, former CEO of CoorpID, its new Head of Business Development.

The ESMA has recently recommended a significant overhaul of the Sustainable Finance Disclosure Regulation (SFDR) within the EU.

Doppel, a firm known for its innovative approach to brand protection, has successfully secured $14m in a Series A funding round.

Floodlight, a smart business account for ecommerce, has raised $6.4m in a seed funding round headed by Aleph.

In a recent whitepaper by RegTech firm iMeta, the company outlined the chief routes to success in capital markets onboarding. 

Luminar, a leading global automotive technology company, has partnered with Swiss Re to launch an insurance programme to improve driver safety.

Fortitude Re has named Ming Zhang as their new Chief Risk Officer and Andrew Sooboodoo as its new Chief Regulatory Officer.

The turbulent financial market is forcing companies to increase the scrutiny of their budgets. Rather than simply allowing hype to dictate their spending, firms are starting to see whether their initiatives are generating enough value. One of the areas that could be on the chopping block is public cloud, according to Joel Berwitz - Managing Consultant at technology transformation company CNNECT.

The financial domain is on the brink of a transformative era, driven by the digital-first mindset of Millennials and Gen Z. These generations are not just reshaping the investment landscape with their tech-savviness and social awareness, but they're also the catalysts for the dynamic evolution of WealthTech. This sector is now keenly focused on tailoring its offerings to meet the unique preferences of these emergent financial powerhouses.