Industry News

NatWest

NatWest urges collective effort to turbocharge open banking adoption in UK

A NatWest report has called for collective action to overcome hurdles preventing the broader adoption of open banking in the UK.
RegTech

The RegTech trends to watch out for in 2023

Since the onset of the Covid-19, the RegTech sector has witnessed a period of growth, with further growth expected going forward. What can be expected to happen in 2023?
eflow

eflow Global spearheads compliance with free EMIR Refit readiness audit

RegTech firm eflow Global has introduced a free audit service aimed at enhancing compliance in derivatives transaction reporting.
Revenue-from-embedded-payments-to-reach-$57bn-by-2027

Revenue from embedded payments to reach $57bn by 2027

The global revenue from embedded payments for embedded finance vendors will reach $59bn in 2027, rising from $32bn in 2023, according to Juniper Research.
BNPL giant Klarna makes it big in the US

BNPL giant Klarna makes it big in the US

After a troubled start, BNPL giant Klarna has experienced strong momentum in the US market, with a 71% year-over-year growth in GMV and improved credit loss rates by 37%.
IRS

A comprehensive guide to the 2023 revisions of Form 1042-S by the IRS

On March 3, 2023, the Internal Revenue Service (IRS) rolled out new instructions for the 2023 version of Form 1042-S.
Apollo

Octopus Apollo VCT secures £50m in latest fundraising effort

Octopus Apollo VCT, a notable VCT with a focus on small and medium-sized B2B software businesses, has announced a fundraising event.
A glimpse into tomorrow: ESG trends that will shape 2024

A glimpse into tomorrow: ESG trends that will shape 2024

As we enter the first month of 2024, FinTech Global spoke to Hari Menon, Partner, SVP and ESG Product Head at AI-powered wealth management solution IntellectAI, about the major ESG trends of 2023 and his predictions for 2024.
Auditboard

AuditBoard secures $3 Billion acquisition deal with Hg

AuditBoard has reached an agreement to be acquired in a transaction valued at over $3bn, by Hg.
business

Cybercrime’s toll on global business to skyrocket to $10.5tn by 2025

Despite threats posed by the emergence of new technologies such as AI, global business leaders' focus on cyber risk seems to be waning.

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.

120,000+ FinTech leaders get exclusive industry stories delivered every week

Download the free AIFinTech100 report

FREE

Download the AIFinTech100 report for 2024 with details on each solution