CMA highlights risks in AI foundation models market, vows robust regulatory measures
The Competition and Markets Authority (CMA) recently updated its stance on AI Foundation Models (FMs), signalling heightened regulatory scrutiny over market dynamics that could hinder competition.
EU and US enhance data protection with new privacy agreement
The European Union (EU) has recently adopted a new and thorough robust data privacy agreement with the United States.
Global InsurTech Roadzen to go public in $965m deal
Global InsurTech Roadzen has outlined its plans to go public in the US in a blank-check vehicle in a deal valued $965m.
Mountain Wolf teams up with iDenfy to streamline crypto compliance
Lithuania-based iDenfy has partnered with global cryptocurrency and digital payment service provider Mountain Wolf.
Dragos fortifies its cybersecurity lead with a $74m boost in funding
Dragos, recognised for its cybersecurity for industrial controls systems (ICS)/OT environments, has unveiled a $74m Series D extension.
Saudi FinTech innovator Nearpay secures $14m in Series A funding
Nearpay, a Saudi FinTech startup specialising in payment infrastructure as a service, has achieved a milestone of raising $14m funding.
Hakbah elevates Saudi savings market with $5.2m Series A boost
Saudi-based savings platform Hakbah has recently concluded a successful Series A funding round, amassing a substantial $5.2 million. This financial milestone was achieved under the...
Nurturing tomorrow’s leaders: How Aiviq’s culture empowers graduates to drive FinTech innovation
The aspiration to work in the hustling, bustling financial heart of London City and impact the financial services sector is a common dream shared by many graduates. In Aiviq, a burgeoning cloud-data company, these young professionals are not merely dreaming but actualising ambitions, playing critical roles that contribute substantively to the enterprise's mission of supplying comprehensive data and analytics solutions to asset managers.
BBVA ignites the green industrial revolution with new cleantech finance unit
BBVA, a leading global financial services company, has announced the launch of a new unit dedicated to financing cleantech innovation.
Surging large fines for organisations signal regulators’ changing approach
A recent report from Moody's Analytics Grid has shed light on the changing landscape of regulatory fines across the globe, showing a dramatic increase in large fines for organisations in the past year.