Industry News

Broadcom

VMware joins Broadcom in landmark $69bn acquisition

Broadcom and VMware, two prominent players in the tech industry, have recently announced a significant acquisition.
EBA

Money laundering concerns in the EU: EBA’s plan for boosting AML/CFT measures

In a recent post by Fenergo, the company outlined how a recent report by the EBA is changing payments in the European Union. 
Reducing compliance costs with WealthArc’s advanced wealth app

Reducing compliance costs with WealthArc’s advanced wealth app

WealthArc is revolutionising the way External Asset Managers handle compliance, making the arduous tasks associated with meeting FinSA/FinIA regulations more manageable and cost-effective.
Greenlight-launches-financial-literacy-game for-kids.jpg

Greenlight launches financial literacy game for kids

US-based Greenlight Financial Technology, which aims to help parents boost financial literacy with their children, has launched a new interactive financial literacy game.
Payble

OIF Ventures leads Payble’s $3.5m investment for payment innovation

Payble, a payment workflow and customer engagement software firm, has recently closed a remarkable $3.5m funding round.
Swedbank

Swedbank pioneers sustainable shipping finance with Poseidon Principles launch

Swedbank has embraced the Poseidon Principles, marking a step in integrating climate considerations into its ship finance lending.

Neobanks triumph in user growth with 18 million more downloads than legacy banks in...

Neobanks have outstripped traditional banks in app user acquisition in 2023, with an impressive 18m more app users than their legacy counterparts, according to...

Navigating the AML compliance landscape for US investment advisors

In early February 2024, the US Treasury, under the guidance of Secretary Janet Yellen, announced its intention to strengthen the financial system's defenses against...
Majesco-selected-by-boston-mutual-to-enhance-customer-experience-and-modernise-its-platform

Majesco selected by Boston Mutual to enhance the customer experience

Majesco, a provider of cloud insurance platform software for insurance business transformation, has been selected by Boston Mutual Life to modernise its core platform.
Lopay

Lopay garners £6m to supercharge instant payment solutions

FinTech start-up Lopay has secured £6m from a recent funding round as it looks to supercharge the instant payments market. 

News Stories

US takes the gold for FinTech deals this week - Here are this week's 36 deals

US takes the gold for FinTech deals this week – Here are this week’s...

It was a strong week for US-based FinTech companies, with 17 securing fresh capital this week.  Aside from the US dominating the week for deals,...
Deutsche Bank and BASF initiate pioneering ESG finance programme in Asia

Deutsche Bank and BASF initiate pioneering ESG finance programme in Asia

Deutsche Bank has unveiled BASF’s inaugural sustainability-linked payables finance programme in Asia, concentrating on its operations in China.
PureFacts secures major investment from GrowthCurve

PureFacts secures major investment from GrowthCurve

PureFacts Financial Solutions, a renowned provider of revenue management solutions tailored for the investment sector, recently announced a significant development.
Tuum and ComplyAdvantage join forces to enhance compliance and operational efficiency

Tuum and ComplyAdvantage join forces to enhance compliance and operational efficiency

Tuum is a next-generation core banking platform, has partnered with ComplyAdvantage, a financial crime intelligence platform that offers AI-driven risk data and fraud detection technology to a global client base.
Wisedocs bags $4.5m from CIBC to streamline insurance claim reviews with AI

Wisedocs bags $4.5m from CIBC to streamline insurance claim reviews with AI

Wisedocs, an innovative leader in the InsurTech sector, recently received a significant financial boost. CIBC Innovation Banking has extended $4.5m CAD in growth capital financing.

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