Industry News

8fig

Funding and management platform 8fig nets $140m Series B

8fig, a continuous funding and management platform for ecommerce firms, has closed a Series B funding round on $140m.

From paperwork purgatory to a frictionless future: AI’s impact on onboarding and KYC

Sybrin recently delved deeper into the topic of AI and its impact on both onboarding and Know Your Customer (KYC).
Theta

Theta Lake integrates with Asana to streamline workflows

Theta Lake now supports Asana to help joint customers streamline their workflows and manage tasks more effectively.
eMACH

How eMACH architecture transforms wealth management in India

In the rapidly evolving world of WealthTech, WealthForce.ai is setting new standards with its latest collaboration.
supply-chain-risk-intergity-holistics

Unmasking integrity risks in supply chains: Why a holistic view is crucial

Supply chain stakeholders, including businesses and individuals, are grappling with an increasing array of regulatory, financial, environmental, and reputational risks, taking a holistic view to integrity risk has never been more important.
The shift from spreadsheets to advanced data solutions in asset management

The shift from spreadsheets to advanced data solutions in asset management

The latest survey conducted by Northern Trust, involving 300 global asset management firms, has unveiled a notable shift towards prioritizing product quality and accuracy. Unlike the previous year, a significant majority of asset managers (72%) are now focusing on enhancing their product strategies, which includes improving distribution methods, data management, and outsourcing functionalities.
E-HKD

HKMA launches pioneering e-HKD pilot for innovative FinTech solutions

The Hong Kong Monetary Authority (HKMA) has initiated an e-HKD retail Central Bank Digital Currency (CBDC) pilot scheme. The scheme will see 16 firms from...
The essential guide to building a robust cybersecurity oversight program

The essential guide to building a robust cybersecurity oversight program

In the rapidly evolving digital landscape, traditional methods of portfolio oversight are increasingly inadequate against the mounting cyber threats. Recognising this shift, a strategic, programmatic approach to cybersecurity has become crucial for safeguarding investments and enhancing company valuations.
LGBTQ+ neobank Daylight to shut down following allegations and controversy

LGBTQ+ neobank Daylight to shut down following allegations and controversy

Daylight, a neobank tailored to the LGBTQ+ community, has announced its imminent closure. According to CEO Rob Curtis, the company's operations will end on 30 June, a report from TechCrunch claims.
UAE

UAE unveils open finance regulation to boost digital financial services

The Central Bank of the UAE has launched a regulatory framework as part of its Financial Infrastructure Transformation programme.

News Stories

Solid week for FinTech deals with 28 recorded

A total of $459m was raised across all the FinTech deals that were recorded this week by FinTech Global.  Leading the way of all the...
Paystand spearheads zero-fee B2B payments network expansion into Canada

Paystand spearheads zero-fee B2B payments network expansion into Canada

Paystand, renowned for its blockchain-enabled B2B payments, is extending its zero-fee network to Canada, enhancing the scope of its services beyond the initial limited offering since 2018.
Hex Trust joins forces with Grass to revolutionize AI data collection

Hex Trust joins forces with Grass to revolutionize AI data collection

Hex Trust, a prominent digital asset solution provider catering to institutional finance and the Web3 ecosystem, has announced a strategic partnership with Grass.
Avaloq and Zürcher Kantonalbank launch innovative digital asset service

Avaloq and Zürcher Kantonalbank launch innovative digital asset service

Avaloq has introduced its cutting-edge digital asset platform at Zürcher Kantonalbank (ZKB), one of Switzerland's premier banking institutions, in collaboration with Fireblocks.
Barq and Mastercard collaborate to transform payment technology in Saudi Arabia

Barq and Mastercard collaborate to transform payment technology in Saudi Arabia

Barq, a pioneering FinTech startup from Saudi Arabia, has joined forces with the global financial services giant, Mastercard.

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