From penalties to protection: The role of tech in banking compliance for 2024
2023 bore witness to the heightened stakes in banking compliance, with the industry facing a daunting $6.6bn in penalties for lapses.
Singapore-based Qashier secures $10m to take POS offerings worldwide
Qashier, a Singapore-based payments system provider, has impressively amassed US$10m in a series A funding round.
PayPal Ventures backs Magic with $52m for web3 revolution
Magic, a Wallet-as-a-Service (WaaS) provider, has recently successfully secured $52m in a strategic funding round.
Boosting Financial Inclusivity: everyoneINVESTED’s survey reveals key insights for UK banking clients
Much like consumers in Italy and France, investors in the UK have similar risk profile patterns, and everyoneINVESTED believes its risk profiling solution could become the market standard.
ServiceNow and Guidewire join forces to revolutionise the insurance experience
ServiceNow, an enterprise cloud computing company, and Guidewire, an InsurTech provider, have come together to enhance insurance experiences.
IBM strengthens sustainability vision with CSO appointment of Christina Shim
IBM has announced the appointment of Christina Shim as its new Chief Sustainability Officer, according to an internal memo seen by ESG Today. Shim...
Harnessing the power of big data: A new era for insurance and InsurTech
In the rapidly evolving world of insurance and InsurTech, the term "big data" is gaining significant traction. With implications for risk assessments, policy pricing and customer interactions, insurance industry professionals explore how it is driving innovation.
Athene agrees $600m sale of unsecured notes
Athene Holding Ltd., a prominent financial services company specialising in retirement services, has recently disclosed its agreement to sell $600m of 5.875% senior unsecured...
Australia sees new Cyber Wardens program launch to educate
Australian bank CommBank has partnered with the Council of Small Business Organisations Australia (COSBOA) to launch Cyber Wardens, a new project to protect small businesses from cyber threats and scams.
Intellect Design Arena launches revolutionary AI centre in GIFT City
Intellect Design Arena has announced the opening of its AI-led innovation centre in GIFT City, a epicentre of Global Finance and IT in India.
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