Summer bags $6m to grow student debt and education assistance offering
Summer, a firm committed to addressing the US student debt crisis, has recently raised $6m in new funding.
Accounting platform Translucent nets £2.7m financing
Translucent, a UK-based accounting software platform, has secured £2.7m in a pre-seed round headed by Wise and LocalGlobe.
The Future of RegTech in Taiwan
The dynamic world of RegTech in Taiwan's financial industry is one that is constantly evolving, driven by a growing demand for innovative solutions and promising future prospects. Supporting this transformation is Flagright, an innovative no-code centralised AML compliance and fraud prevention platform causing ripples in the financial sector.
Automated network assurance pioneer IP Fabric bags $25m
IP Fabric, a market frontrunner in automated network assurance, has successfully procured $25m in a Series B funding round.
QBE North America and Converge launch cyber insurance program
QBE North America has launched a new cyber insurance program with Converge, a new MGA that will act as program administrator.
Unmasking PEPs: The growing call for transparency in financial dealings
Swiss authorities recently took action against the daughter of Uzbekistan's former president, accusing her of crimes such as money laundering and bribery. This resulted in an asset freeze to the tune of $483m.
Bank execs identify Gen Z engagement as crucial for future success
Tink has found that attracting Gen Z is deemed a key hurdle by UK banking executives, with over half (57%) identifying it as one of their foremost challenges for the upcoming year.
Navigating the AML compliance journey: When is it time to hire an AML officer?
Today, the growing complexity of financial operations coupled with an ever-evolving regulatory landscape has magnified the importance of AML compliance in businesses. Especially in FinTech companies, the timing to bring an AML Officer on board is pivotal to the firm's overall trajectory.
Aliaswire steps up SMB solutions with new PayVus platform
Aliaswire, a trailblazer in advanced technological solutions, recently launched PayVus, a state-of-the-art platform created to aid small and midsize business (SMB) owners.
Capital markets infrastructure firm Kanastra bags $13m in seed raise
Kanastra, a FinTech company in Brazil's capital markets infrastructure landscape, recently announced a significant financial milestone.