Industry News

Kuda, a Nigerian challenger bank, has launched in the UK as part of its major global expansion efforts.

In today's digital age, customers have high expectations for their interactions with financial institutions. These digitally savvy individuals demand streamlined, efficient, and enjoyable experiences. Unfortunately, many financial entities, even the globally leading ones, continue to rely on outdated manual processes for FATCA and CRS compliance, causing frustration for both clients and customer service officers.

Half of UK online retailers are worried about surviving the next 12 months. To increase their chances, 32% are looking to invest into their payments stack.

UK-based regulatory compliance tech developer eflow Global has revealed a major update to its eComms surveillance solution, leveraging a new sophisticated form of decision automation.

AmTrust Financial Services, a global specialty property casualty insurer, has acquired Contractor Managing General Insurance Agency, a California-based MGA that offers surety bonds to small to mid-sized contractors nationwide.

The US’ Office of the Comptroller of the Currency (OCC) has revealed plans to establish an Office of Financial Technology early in the new year.

Ebury, a European FinTech helping to simplify international trade, has announced its sponsorship with Serie B team Parma Calcio 1913 for the rest of the 2022/23 football season.

Haven, a homeownership platform that helps unlock value for mortgage servicers and subservicers, has raised $8m for its Series A round.

PayVEDA, which helps make bill payments easier, has reportedly collected $11.5m in its Series A funding round.

GAN Integrity, a provider of ethics and compliance management solutions, has rebranded and launched its new Integrity Platform.