Industry News

A new report has claimed that the UK could lose its position as the global leader in open banking unless drastic action is taken.

AI and ML models have become an essential part of the FinTech sector, predicting outcomes and making decisions, especially in fraud.

CVC Capital Partners, a global alternative investment manager, has announced a series of new climate-related goals.

Flow48, a UAE-based fintech startup, recently announced a significant achievement in securing $25 million in pre-Series A funding.

Global FinTech SumUp has revealed that it has entered into a new $100m credit facility from Victory Park Capital (VPC). 

Fenergo's recent webinar, 'KYC, AML, & Onboarding in 2023 – Were Lessons Learned or Do Old Habits Die Hard?', brought together compliance experts to delve into findings from research on over 1100 executives from global banks. This study, encapsulated in the report 'KYC in 2023', reveals a significant 17% rise in the average cost of KYC (Know Your Customer) reviews, accompanied by an 11-day increase in their duration over the past year.

The UK Government has revealed its plans to delve into the use of open banking to foster digital payments across various public services.

ViClarity was created to help firms streamline their GRC processes through automation and consulting services.

Holistic views of integrity risks within the supply chain allows teams to reduce the potential for illicit activity to slip through the net, according to Quantexa.

In the dynamic world of wealth management, the confluence of impeccable client service and innovative technology is reshaping the industry's landscape, particularly in Switzerland and beyond.