Industry News

Canadian sustainable fixed income funds excel in early 2024

Canadian sustainable fixed income funds excel in early 2024

Canadian sustainable fixed income funds have made a robust start to the year, with the Morningstar Canada Sustainable Fund Landscape for Q1 2024 reporting an impressive $193.3m in inflows.
“The top 10 banks for AI talent currently account for 51% of the overall banking industry talent pool—a huge advantage when it comes to AI adoption. This concentration of AI talent has real consequences. If the banks that lag behind cannot close the gap, the race to implement AI will become an uphill struggle.”

US banks are surpassing European counterparts in AI talent growth

In the past six months, the world's foremost banks have expanded their AI talent by 9%, a rate that doubles their overall headcount growth, according to a survey from Evident.
blockchain

How is blockchain transforming the KYC space?

When it comes to dealing with financial crime and the challenges posed by bad actors, having efficient and scalable technology is a huge must...
KYC

The ultimate KYC checklist: Ensuring compliance in FinTech

In today's increasingly complex financial landscape, the importance of Know Your Customer (KYC) compliance cannot be overstated.
Monzo

Monzo secures $190m investment and hits $610m funding milestone

UK-based digital bank Monzo has successfully secured an additional $190m in funding, bringing its total funding to an impressive $610m.

AI-powered Panax raises $15m to reshape cash flow management

Panax, an innovative FinTech, has successfully raised $15 million in its latest funding round. The investment was led by Team8 and TLV Partners.
Innovate

AI investment solutions innovator Stratiphy secures £1m grant

Stratiphy, a technology firm specializing in investment strategy building, has secured a grant of £1 million from Innovate UK for its consortium.
onboarding

Corporate treasurers abandoning banks due to lengthy onboarding processes

Encompass's recent research has uncovered alarming statistics regarding corporate treasurers' dissatisfaction with banking applications.

86% of firms and 74% of consumers embrace instant payments in 2023

A study by the Federal Reserve has revealed trends in the adoption of digital, faster, and instant payment services among firms and consumers in the US.

UK and Singapore renew commitment to FinTech cooperation

The UK and Singapore have reaffirmed their dedication to collaborative efforts in sustainable finance and FinTech innovation.

News Stories

Lucinity and Knights Analytics join forces to advance AI in FinCrime compliance

Lucinity and Knights Analytics join forces to advance AI in FinCrime compliance

Lucinity, an AI software company focusing on financial crime operations, has entered into a strategic partnership with Knights Analytics, a leader in AI-driven data solutions.
Airwallex and GoCardless enhance direct debit services to foster global business growth

Airwallex and GoCardless enhance direct debit services to foster global business growth

Airwallex, recognised as a global payments and financial platform for modern businesses, has formed a strategic partnership with GoCardless, a leader in direct debit solutions.
Egypt's leading B2B platform Cartona raises $8.1m for market expansion

Egypt’s leading B2B platform Cartona raises $8.1m for market expansion

Cartona, Egypt's pioneering B2B platform, has announced a significant milestone in its journey to transform the traditional trade market in Egypt.
AppBrilliance revolutionises digital wallets with real-time payments integration

AppBrilliance revolutionises digital wallets with real-time payments integration

AppBrilliance is steering a significant shift in the US payments landscape with its advanced Money API platform, capitalizing on a recent rule change by The Clearing House.
EarnUp revolutionizes financial wellness with AI Advisor

EarnUp revolutionizes financial wellness with AI Advisor

EarnUp, a leader in financial wellness technology, has introduced AI Advisor, a groundbreaking product set to transform the way financial institutions interact with consumers.

120,000+ FinTech leaders get exclusive industry stories delivered every week

Download the free AIFinTech100 report

FREE

Download the AIFinTech100 report for 2024 with details on each solution