FinTech firm Fortunafi raises $9.5m for RWA and stablecoin expansion
Fortunafi, a FinTech company specializing in RWA and stablecoin products, has announced the successful completion of its $9.5m raise.
Aiviq, Broadridge link to enhance asset manager data integration
Aiviq, a provider of client-level AUM and asset flow reporting for global asset managers, has partnered with Broadridge. According to Aiviq, the partnership will help...
Hong Kong Monetary Authority considers mandatory green rules for banks
The Hong Kong Monetary Authority (HKMA) is considering making its green taxonomy framework mandatory for the banking sector
Frontrunning protection in DeFi: The power of private mempools and Flashbots
It is easy for Ethereum and other smart contract network users to be overcome with excitement for the opportunities the technology provides that they are not aware how risky trading on-chain can be. OMNIA, a blockchain infrastructure provider to protect systems, has explored the risk of frontrunning.
Financial advisers shift towards custom MPS following Consumer Duty requirements
The 2024 Financial Adviser survey by FE fundinfo has provided key insights into the evolving practices of financial advisers in response to the FCA’s Consumer Duty, implemented last year.
Firemark Ventures backs Ravin AI for vehicle inspection technology
Ravin AI, a provider of deep learning vehicle inspection technology, has secured an investment from Firemark Ventures, to provide its technology to retail customers and commercial fleets.
Sonnet to phase out auto insurance in Alberta, continues other services
Sonnet Insurance Company has declared its intention to exit the auto insurance sector in Alberta after a detailed analysis of its operations within the...
Revolutionising AML strategies with NAICS codes
Evaluating the business line of potential clients is a key part of Know Your Customer (KYC) procedures in commercial relationships. However, analysts often spend substantial time utilising search engines and other manual processes to establish a client's Line of Business. This allows them to assess the risk involved in onboarding records or transactions.
Australia’s sustainable finance roadmap aims to mobilize private capital for net zero
The Australian government has outlined a key update to its sustainable finance structure with the release of its latest Sustainable Finance Roadmap.
Travel peace of mind: Volaris and Cover Genius launch strategic partnership
Volaris, an ultra-low-cost Mexican airline that operates within Mexico, the United States, and Central and South America, has forged a strategic partnership with Cover Genius, the renowned InsurTech specialising in embedded protection.