Industry News

BNP Paribas buys automated currency risk management FinTech

BNP Paribas buys automated currency risk management FinTech

BNP Paribas has agreed to acquire Kantox, which offers automated currency risk management, for an undisclosed amount.
How investment firms can compete with social media for attention

How investment firms can compete with social media for attention

Social media has become a core part of the lives of many. As people look to invest to curb impacts of the economic climate, will social media become their financial advisor?

Searches for ‘savings account’ explode by 301%

Google searches for ‘savings account’ have exploded by 301% above the average in October 2022 – reaching the highest level in five years.
How TAINA is Revolutionising the Industry with Containerisation and Kubernetes

How TAINA is Revolutionising the Industry with Containerisation and Kubernetes

TAINA, a leading tech firm, has made a significant stride towards simplifying life for everyone through their cloud-agnostic approach and supporting containerisation.
Assurant-protection-for-EVs-electric-vehicles

Assurant bolsters protection offering for EVs

Assurant, a global business services company that supports, protects, and connects major consumer purchases like automobiles, has enhance its protection offering for electric vehicles (EVs).
Nigerian challenger bank Kuda launches in the UK

Nigerian challenger bank Kuda launches in the UK

Kuda, a Nigerian challenger bank, has launched in the UK as part of its major global expansion efforts.
Revolutionising financial customer experience with digital tax form processing

Revolutionising financial customer experience with digital tax form processing

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 Unfortunately, many financial entities, even the globally leading ones, continue to rely on outdated manual processes for FATCA and CRS compliance, causing frustration for both clients and customer service officers.
UK-retailers-invest-in-payments-to-survive-next-12-months

UK retailers invest in payments to survive next 12 months

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.
eflow updates eComms surveillance solution to reduce manual oversight

eflow updates eComms surveillance solution to reduce manual oversight

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-acquires-CMGIA-surety-bonds-property-casualty-insurer-insurance

AmTrust in CMGIA take-over

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.

News Stories

AI

AI attackers are breaking financial crime compliance

A 1993 New Yorker cartoon showed one dog telling another, "On the Internet, nobody knows you're a dog." The joke has held up rather...
FinTech

Red-letter week for FinTechs as $1bn raised across 17 deals

This week was a powerful funding week for FinTech firms, with $1.07bn raised across a healthy 17 deals. This marks a second consecutive week of...
RegTech

Why RegTech’s survival race is just beginning

The RegTech market has entered a new era. What began as an experimental space populated by agile startups has matured into a mainstream industry...
Deluxe

Deluxe acquires Celero Commerce in $625m deal

Deluxe has agreed to acquire FinTech firm Celero Commerce for $625m, in a deal that will significantly accelerate its strategic shift away from legacy...

ASIC seeks $35m as HSBC admits scam protection gaps

HSBC Bank Australia Limited (HSBC), the Australian arm of one of the world's largest banking groups, is facing a $35m penalty after admitting to...

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