Industry News

FinTech

Another quiet week in FinTech with 12 deals recorded

This week saw another quiet week in FinTech with only 12 funding rounds recorded by FinTech Global and a total funding amount of $107m.
Fidelity

Fidelity rolls out two Article 9 funds amid sustainable investment surge

Fidelity has expanded its investment line-up with the introduction of two new funds classified as Article 9 under the EU's SFDR.
Over a third of UK emerging financial firms report money laundering in 6 months

Over a third of UK emerging financial firms report money laundering in 6 months

In a shocking revelation, a recent survey has highlighted that 36% of firms in the emerging financial sectors of the UK have fallen prey to either money laundering or financial crime in the last half year. The banking sector has been particularly hard-hit, emerging as the most affected sector.
Evident has launched a generative AI solution for risk managers to streamline and simplify the insurance verification process.

Evident launches generative AI solution to assist risk managers

Evident has launched a generative AI solution for risk managers to streamline and simplify the insurance verification process.
Treasury

U.S. Treasury unveils principles for climate-conscious financial institutions

The U.S. Treasury has officially released its full set of "Principles for Net-Zero Financing & Investment".
Investment

Investment Metrics unveils cutting-edge liability reporting in its PARis solution

Investment Metrics, a subsidiary of Confluence and a leader in investment analytics and data solutions, has announced a new product.
The digital revolution in meeting consumer duty standards

The digital revolution in meeting consumer duty standards

Post-deadline, the financial industry is grappling with the new standards set by the UK's latest regulatory mandate. The objective of this update is to bring more transparency and accountability to wealth management and insurance enterprises, fostering a more profound commitment to the consumer.
Nexusflow

Gen AI firm Nexusflow clinches $10.6m in seed funding round

Nexusflow, a pioneering force in the Generative AI sector, has made headlines today by announcing a $10.6m seed round investment.
Clarity AI

Clarity AI rolls out SFDR-compliant tool for index and ETF providers

Clarity AI, a leading sustainability technology platform, has announced the introduction of its innovative methodology.
communications

How Theta Lake stands at the forefront of communications compliance infrastructure

FinTech Global recently spoke to Devin Redmond - CEO and co-founder of Theta Lake - to learn more about the company.

News Stories

AutoRek and Calastone unite to revolutionise fund manager reporting

AutoRek and Calastone unite to revolutionise fund manager reporting

AutoRek, a leading automated financial controls platform, has joined forces with Calastone, the world's largest global funds network.
Silverflow and Chesapeake Bank team up to revolutionise payment processing in the US

Silverflow and Chesapeake Bank team up to revolutionise payment processing in the US

Silverflow, a cloud-native payment processing innovator, has recently formed a strategic partnership with Chesapeake Bank, a community-focused financial institution renowned for its proactive adoption of cutting-edge payment technologies.
Asset Reality partners with Taxbit to enhance digital asset seizure and disposal

Asset Reality partners with Taxbit to enhance digital asset seizure and disposal

Asset Reality and Taxbit, two prominent players in the digital asset management and compliance sector, have recently joined forces in a strategic partnership.
Klarna and UATP forge strategic alliance to revolutionize payment options in the $1trn air travel sector

Klarna and UATP forge strategic alliance to revolutionize payment options in the $1trn air...

UATP, renowned for its robust global payment network that facilitates streamlined payment processes, has entered into a strategic alliance with Klarna, a leader in AI-driven global payments.
İşbank and Instabase revolutionise money order processing with AI-driven partnership

İşbank and Instabase revolutionise money order processing with AI-driven partnership

İşbank, Turkey’s largest privately owned bank, has partnered with Instabase, a leader in generative AI solutions.

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