Industry News

Paddle makes 8% of its workforce redundant

Paddle makes 8% of its workforce redundant

Payments company Paddle has made 8% of its workforce redundant, which it blames on the current inflationary market and needing to hunker down for survival.
Financial crime prevention spend to exceed $28bn by 2027

Financial crime prevention spend to exceed $28bn by 2027

Global software spend on financial crime prevention tools will exceed $28.7bn by 2027, up from $22.1bn in 2023, Juniper Research claims.
Finsure

Finsure set to provide mortgage brokers open banking access

Australian firm Finsure is set to become the first Australian mortgage aggregator to turn on open banking access for its brokers.
How=-AML-shaped-the-world-in-2022

How AML shaped the world in 2022

Last year saw a seismic shift in the regulatory world. Sentinels has released a report on how AML shaped the world in 2022. It explores the most impactful moments of the year towards AML and what companies had to navigate.
India

India set to launch first green bond offering valued at $2bn

The Reserve Bank of India plans to raise $2bn in its first-ever green bond offering to support green infrastructure projects in the country.
WTW-launches-online-platform-to-support-the-aviation-sector

WTW launches online platform to support aviation sector

WTW, a global advisory, broking, and solutions company, has launched a customised online platform for the aviation sector.
Australian-payments-company-till-Payments-cuts-40%-of-team

Australian payments company Till Payments cuts 40% of team

 Australian payments company Till Payments has reportedly laid off 120 employees, whilst adding three new board members.
Wealth-management-firm-FNZ-acquires-Germany's-Fondsdepot-Bank

Wealth management firm FNZ acquires Germany’s Fondsdepot Bank

Global wealth management platform FNZ has acquired Fondsdepot Bank, a German platform for trading and custody.
Jellyvision-in-picwell-takeover-for-employee-benefits

Jellyvision in Picwell take-over for employee benefits

Jellyvision, a software company that develops employee benefits engagement technology, has acquired healthcare technology company Picwell.
Huobi

Huobi introduces crypto-to-fiat debit card

Huobi Global, a virtual asset exchange, has partnered with Solaris to deliver a crypto-to-fiat debit card that will help Huobi users to spend digital assets at point-of-sale.

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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