Industry News

In an era where digital borders are increasingly becoming a thing of the past, a recent report by Airwallex, in collaboration with Edgar, Dunn & Company, has highlighted a significant trend: a surge in cross-border spending.

The UK is on the brink of a transformative period in the payment sector, heralded by the burgeoning adoption of digital wallets. This shift is illuminated in Worldpay®'s Global Payments Report 2024, which underscores the UK's pivotal role in the European digital wallet landscape.

In the spring of 2023, the financial industry was rocked by the collapse of Silicon Valley Bank, a downfall precipitated by inadequate management of...

Earnix is at the forefront of addressing this imperative. The real-time AI-powered enterprise rating platform has launched the Fairness Lab. This beta initiative is our commitment to ensuring that your ML models are benchmarks of equity and integrity, adhering to all pertinent regulations.

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

In the realm of financial services, compliance with Know Your Customer (KYC) regulations is paramount.

A recent study by Alveo has shed light on the adoption and implementation of AI across various business functions within the financial sector.

In an era where regulatory oversight of the wealth and asset management sector is intensifying globally, the stakes for compliance have never been higher. This sector, pivotal to national economies, plays a crucial role in helping consumers manage their assets and achieve their financial goals. However, its significance also makes it a potential target for misuse by malicious entities aiming to launder money.

The intersection of artificial intelligence (AI) and financial compliance is reshaping how firms handle regulatory reviews.

Float has recently secured a significant financial boost after the firm was granted an $11 million facility by Standard Bank.