Industry News

Customer Due Diligence (CDD) is a cornerstone in the banking and financial industry's defence against financial crime.

trackd, a cybersecurity firm that claims it takes the fear out of vulnerability remediation, is emerging from a period of stealth with $3.35m in seed funding.  

On March 6, 2024, the Securities and Exchange Commission (SEC) announced the completion of the highly anticipated climate disclosure rule.

Abound, a UK FinTech that uses open banking and AI to provide better loan deals to consumers, has scored £500m in a mixture of debt and equity finance.

The effectiveness of anti-money laundering (AML) and combatting the financing of terrorism (CFT), is not solely reliant on the initial design, but also comes from the adaptability and responsiveness to evolving risks.

Finastra has launched its ESG Service, a cloud-native SaaS solution that will streamline sustainability-linked lending.

In a study by Deloitte and The Fletcher School at Tufts University, it has emerged that an overwhelming majority of global investors are now incorporating ESG considerations into their investment strategies.

California-based unified data controls company Securiti has secured an investment from Citi Ventures and Capital One Ventures.

Ellipsis Labs, the pioneering force behind the esteemed on-chain Phoenix exchange, has recently secured $20m in Series A funding.

Ron DeSantis will head an alliance aimed at banning the use of ESG considerations in state and local pension funds.