Industry News

payments

Central banks and the FinTech sector unite to change global payments space

The BIS, along with seven leading central banks and a cohort of private financial firms, has embarked on an ambitious venture known as Project Agorá.
Australian-life-insurer-TAL-sells-financial-advice-license

Australian life insurer sells financial advice license

TAL, a leading Australian life insurer, has entered an agreement to sell its financial advice licensee, Affinia Financial Advisers Limited (Affinia), to CountPlus Limited (CountPlus).
Unlocking insurer success: The power of data integration with hx Renew

Unlocking insurer success: The power of data integration with hx Renew

In the evolving landscape of insurance, the adage "knowledge is power" has never been more pertinent. This is especially true in an era where data acts as the lifeblood of decision-making processes.
Ascent

RegTech firm Ascent unveils new compliance offering

Ascent, a firm that claims it helps users comply more efficiently, has launched its Compliance Confidence Scorecard. 
Are financial institutions struggling to keep up with modern sanction and PEPs lists? - Part 1

Are financial institutions struggling to keep up with modern sanction and PEPs lists? –...

The war in Ukraine has underscored how quickly sanction and PEPs lists can change. Since 2022, the US, UK, EU, Australia, Japan and Canada have imposed over 16,500 sanctions on Russia, according to the BBC. The current turbulent geopolitical scene means financial services firms need to be ready for regular, and often sudden, changes to PEPs and sanction lists. FinTech Global recently spoke to several industry players to ask whether financial institutions are keeping up with the modern sanction/PEPs landscape.
IIGCC

Climate investor group IIGCC unveils net-zero transition initiative

The IIGCC has launched a climate initiative aimed scaling and accelerating climate-related corporate engagement.

Wagestream raises £17.5m to enhance financial services for frontline workers

Wagestream, a pioneering FinTech company, has successfully secured a £17.5m investment in a recent funding round.
Consumers want better security and frictionless payments online

Consumers want better security and frictionless payments online

Consumers are seeking greater security and frictionless payment experiences when buying products online, according to a survey from BR-DGE.
transaction

How AI will transform transaction reporting: The RelyComply view

FinTech Global recently spoke to RegTech firm RelyComply to delve deeper into the role artificial intelligence will play in transaction reporting. Founded in 2019, RelyComply...
funds

Majority of UK retail investors are focusing on sustainable funds, study finds

A Kana Earth study has found 65% of UK retail investors are more likely to invest in funds that provide more carbon footprint information.

News Stories

Wealthify revolutionises FinTech with new in-house developed platform

Wealthify revolutionises FinTech with new in-house developed platform

Wealthify, a distinguished player in the savings and investment sector, has introduced its advanced proprietary platform, marking a significant leap in its technical and...
FullCircl, a trailblazing RegTech firm based in the UK, has closed a significant debt refinancing deal.

FullCircl secures major growth debt from Salica Investments amid record Q2 performance

FullCircl, a trailblazing RegTech firm based in the UK, has closed a significant debt refinancing deal.
Axiad secures $25m investment to enhance identity security innovations

Axiad secures $25m investment to enhance identity security innovations

Axiad, an identity-first security provider, announced today that it has secured a $25m investment from Invictus Growth Partners.
Leanpay clinches €10m in Series B to expand BNPL services in Central Europe

Leanpay clinches €10m in Series B to expand BNPL services in Central Europe

Leanpay, a trailblazer in the Buy Now Pay Later (BNPL) and Point-of-Sale (POS) lending sector, has announced the completion of a €10m Series B funding round.
Mintify's latest $3.4m investment boosts its NFT infrastructure

Mintify’s latest $3.4m investment boosts its NFT infrastructure

Mintify, a burgeoning platform in the FinTech sector, has successfully raised $3.4m in a recent funding round.

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