Industry News

Chinese

Chinese authorities set to intensify financial corruption crackdown

Chinese authorities have warned the country’s top bankers that the crackdown on the industry ‘is far from over’ in a recent private meeting.
Memcyco

Memcyco bags $10m seed round to tackle brandjacking

Memcyco, a platform specialising in real-time website impersonation detection and prevention, has closed its seed round on $10m.
bolttech

Insurtech giant bolttech forms strategic alliance with Taiwan Mobile

bolttech, has unveiled a strategic partnership with Taiwan Mobile, a leading telecommunications provider in Taiwan.
Global spend for OTT to hit $25bn in 2023

Global spend for OTT to hit $25bn in 2023

 The global spend for OTT (over-the-top) based conversational commerce is expected to rise from $13.3bn in 2022 to $25.1bn in 2023, according to a report from Juniper Research.

Navigating the UK EMIR REFIT: Essential updates for OTC derivatives reporting

The UK FCA and the BoE are gearing up to roll out significant updates to the over-the-counter (OTC) derivatives reporting standards under the UK EMIR REFIT programme, effective from the end of September 2024.
bunq's GenAI assistant Finn is now fully conversational

bunq’s GenAI assistant Finn is now fully conversational

bunq, the second largest neobank in Europe, has embarked on a significant enhancement of its AI-powered user assistant, Finn, transforming it into a fully conversational AI.

News Stories

risk

How is AI transforming risk management?

In an era where the proliferation of digital technology is continuing to ramp up considerably, ensuring risk is sufficiently managed in this new sphere is vital. How has the onset of AI transformed this battle?

EU directive sets new standards for environmental and financial reporting

The European Union's Corporate Sustainability Reporting Directive (CSRD) now requires companies to conduct a 'double materiality' assessment.

MUFG sets new targets with launch of Sustainable Finance Framework

Mitsubishi UFJ Financial Group (MUFG), headquartered in Tokyo, is a prominent banking group known for its comprehensive financial services. According to ESG Today, the...

Rich Data expands AI lending solutions with $9m investment

Rich Data, an Australian-based AI decisioning platform for business and commercial lenders, has recently secured a $9m investment.

Qardy’s lending platform for MSMEs attracts significant pre-seed capital

Qardy, the first digital lending marketplace in Egypt and the MENA region, has successfully closed a seven-figure pre-seed investment round.

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