Industry News

Ushering a New Era in FinTech with Aveni's NLP-powered QA Innovation: The Age Partnership Success Story

Ushering a New Era in FinTech with Aveni’s NLP-powered QA Innovation: The Age Partnership...

Aveni, an AI solutions company, has partnered with UK-based Age Partnership, a leading equity release advisory firm, to revolutionise their Quality Assurance (QA) monitoring capacities. This strategic collaboration aims to enhance QA monitoring in terms of coverage, speed, and precision.
Avalara's new ChatGPT plugin revolutionises sales tax calculation

Avalara’s new ChatGPT plugin revolutionises sales tax calculation

Avalara, Inc., headquartered in Seattle, is a global innovator in tax compliance automation for businesses of varying sizes. Today, Avalara disclosed the integration of its trailblazing plugin with ChatGPT, a first of its kind endeavour by a tax compliance software provider.
Molten Ventures reduces Revolut valuation by 40%

Molten Ventures reduces Revolut valuation by 40%

Molten Ventures, a prominent venture capital firm, has marked down the value of its stake in the FinTech enterprise Revolut by 40%, according to a report from Finextra.
Trust issues rampant in cybersecurity, reveals Kroll's 2023 report

Trust issues rampant in cybersecurity, reveals Kroll’s 2023 report

Kroll, a pioneer in global risk and financial advisory services, has published its anticipated 2023 State of Cyber Defense Report, drawing attention to the pitfalls of excessive trust in cybersecurity provisions.
Leveraging OpenSea API for efficient NFT integration and innovation

Leveraging OpenSea API for efficient NFT integration and innovation

With the rise of non-fungible tokens (NFTs) as a fresh and innovative platform for creators, collectors, and investors, OpenSea API has become an integral...
ESG

Unlocking the potential of ESG strategies in businesses

As firms have grown more conscious of their stewardship roles, ESG strategies have gone from being buzzwords to strategic imperatives.
wildlife

Decoding the covert ties between wildlife trafficking and financial crime

Moody's Analytics recently highlighted the importance of screening wildlife trafficking in supply chains to cut financial crime. 
Trezy

Boost for SMEs as FinTech Trezy lands €3m seed investment

Trezy, a Franco-Dutch FinTech platform centred on facilitating cash flow management for SMEs, has scored €3m in a seed raise.
WealthArc Streamlining FIDLEG Compliance for FinTech Firms

WealthArc: Streamlining FIDLEG Compliance for FinTech Firms

WealthArc, a major player in the WealthTech industry, has recently highlighted key components of the Financial Services Act (FinSA) or FIDLEG compliance and how its platform aids companies to meet the Swiss Financial Market Supervisory Authority's (FINMA) expectations.
digital

How banks are turning uncertainty into an opportunity for digital transformation

A study has found 88% of banks and lenders are capitalising on the uncertainty to rebuild customer trust via digital transformation.

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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