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