Industry News

In a recent post by Kidbrooke, the company outlined how wealth management can be democratised by utilising financial analytics. 

Silverbird, a firm that provides borderless, limitless, and economical solutions for international traders, has joined forces with Resistant AI.

The EPI, a bank-backed venture established to counter giants like Mastercard in Europe, named its digital wallet solution as 'wero'.

Platforms have evolved significantly over the years. Earlier, their main function was limited to the administration of assets. This encompassed the realm of custody, execution, and reporting. However, the definition of a 'progressive' platform today has transformed. Let’s delve deeper into the distinctive features of such platforms:

Medius, recognised as a formidable player in providing AP Automation and comprehensive Spend Management solutions, today announced the launch of their new product, Fraud & Risk Detection, aimed at ensuring businesses preemptively counteract fraud and maintain robust control and visibility throughout the invoice to pay lifecycle.

TMX Datalinx, the information services division of TMX Group, proudly introduced the TMX ESG Data Hub to the global marketplace.

In September 2023, the Financial Conduct Authority (FCA) provided fresh guidance about how to treat Politically Exposed Persons (PEPs). In response to this, businesses under regulation might find it beneficial to revisit their existing PEPs screening systems. This not only ensures alignment with the new directive but also makes certain that the screening process remains both effective and efficient.

The Markets in Crypto-Assets Regulation (MiCA) is setting a precedent, crafting a well-structured framework for regulating crypto-assets throughout the European Union (EU) which are not yet encased by current financial services legislations. 

China has eclipsed Russia as the premier cyber threat, with a notable increase in the sophistication of its cyber operations.

Hexaware Mobiquity recently unveiled eye-opening insights in its "Sustainability: Challenger vs. Traditional Banks Report 2023."