FinTech firm Fortunafi raises $9.5m for RWA and stablecoin expansion
Fortunafi, a FinTech company specializing in RWA and stablecoin products, has announced the successful completion of its $9.5m raise.
Cisco sets out plans to acquire Valtix to bolster cloud security
Cisco, a cloud and cybersecurity solutions provider, is planning to acquire Valtix, an early-stage Silicon Valley startup in the cloud network security business.
The importance of eComms recordkeeping in FinTech
In the past few months, both the SEC and CFTC have targeted numerous Wall Street firms for extensive recordkeeping oversights. This resulted in eye-watering penalties surpassing $1.5bn. Both major and minor firms should anticipate that this assertive enforcement will remain unrelenting.
West Virginia restricts major banks over ESG stance
In a move that underscores the tension between environmental policies and the fossil fuel industry, West Virginia's State Treasurer Riley Moore has announced a significant decision affecting the banking and financial sector.
JPMorgan’s Chase set to disrupt European online banking landscape
JPMorgan (JPM.N) is set to broaden its horizons by introducing its online bank, Chase, to Germany and other countries within the European Union.
Saidot secures €1.75m in seed funding to enhance AI governance
Saidot, a Finland-based entity offering a SaaS governance platform, recently announced a noteworthy achievement in its financial journey.
Exploring the four critical capabilities propelling today’s AI technology
In a recent post by Saifr, the company outlines four of the key capabilities involved in today’s world of AI.
Central banks and the FinTech sector unite to change global payments space
The BIS, along with seven leading central banks and a cohort of private financial firms, has embarked on an ambitious venture known as Project Agorá.
IDnow Unveils InstantSign and eID eSign
IDnow, a prominent provider of identity verification platforms in Europe, has recently expanded its product offering by introducing two innovative e-signature solutions, InstantSign and...
How Theta Lake empowers firms to maximise value from modern communication tools
A recent study from Theta Lake, a pioneer in digital communications governance, found that 69% of IT and compliance professionals expect the use of unified communication and collaboration (UCC) tools to increase in 2024. With firms using an average of 4.6 communication and collaboration tools, it is evident that UCC tools have become an embedded and essential part of modern business, but firms must ensure they are compliantly getting the full value of these tools.