Industry News

Driving change with data: The evolution of sustainability in financial reporting

Driving change with data: The evolution of sustainability in financial reporting

The macroeconomic environment is undoubtedly a focal point in today's discussions within wealth management, banking, and insurance sectors. However, the urgency of addressing climate...
First Rate acquires Chile-based WealthTech Finantech

First Rate acquires Chile-based WealthTech Finantech

Texan WealthTech First Rate has acquired Chilean-based Finantech, which offers comprehensive reporting solutions to family offices and private banks.
ESMA calls for new voices in European Capital Markets

ESMA calls for new voices in European Capital Markets

The European Securities and Markets Authority (ESMA), the regulator and supervisor for the EU's financial markets, is currently on the lookout for new members to join its Securities Markets Stakeholder Group (SMSG).
FCO

Germany’s FCO begins anti-trust investigation into PayPal

German antitrust watchdog the Federal Cartel Office (FCO) has begun an investigation into PayPal to examine whether it is using its power to restrict market competition.
Pagaya

U.S. Bank and Pagaya forge path to broaden personal loan accessibility

U.S. Bank has recently joined forces with Pagaya Technologies, a global leader in AI-powered financial solutions.
AI-tools-such-as-ChatGBT-to-drive-digital-transformation-of-insurance-industry

AI tools such as ChatGPT to drive digital transformation of insurance, COVU says

Generative artificial intelligence (AI) tools, such as ChatGPT, will play a significant role in the digital transformation of the insurance industry, according to COVU.
AI

The future of financial compliance: Preparing for AI regulatory changes

In a recent post by ACA Group, the firm outlined the eight steps CCO's should take now to prepare for AI regulation.
Everest-insurance-enters-into-the-spanish-market

Everest Insurance enters the Spanish market

Everest Insurance, the insurance division of global underwriter Everest Re Group, has expanded into the Spanish market.
Position

How Position Green’s software transforms EU sustainability reporting

In a recent post by Position Green, the firm outlined how its technology can help to transform sustainability reporting in the EU. The Corporate Sustainability...
BIS

BIS Innovation Hub launches new stablecoin, CBDC programs

The BIS Innovation Hub has unveiled its 2023 work program, which involves projects on areas such as CBDC, DeFi and stablecoins.  

News Stories

AML

The future of financial security: How AML and ID verification are shaping FinTech

AML encompasses the regulations and procedures that regulated entities employ to prevent the conversion of illicit funds into seemingly legitimate income.
AI

Harnessing AI and data integrity in fighting financial crime

In today's rapidly evolving digital world, the fight against financial crime networks demands both vigilance and innovation.

SplxAI secures $2m to enhance AI chatbot security

SplxAI, an emerging player in the field of AI security, has successfully raised $2m in a pre-seed venture capital round.
How FullCircl's SmartBroker revolutionized broker growth in just one year

How FullCircl’s SmartBroker revolutionized broker growth in just one year

FullCircl marked a significant milestone, celebrating the first anniversary of its SmartBroker facility, a game-changer for BIBA members.

AI compliance leader Datricks lands $15m funding from SAP and Team8

Datricks, a financial integrity and compliance software startup, has successfully secured $15m in its latest Series A funding round.

120,000+ FinTech leaders get exclusive industry stories delivered every week

Download the free AIFinTech100 report

FREE

Download the AIFinTech100 report for 2024 with details on each solution