Industry News

Microsoft

Microsoft unveils PyRIT for Red Teaming to revolutionise AI security

Microsoft, a global leader in technology and innovation, has unveiled PyRIT, an innovative tool set to transform the landscape of GenAI security. Known for...
Saifr

Saifr acquires GOST to enhance regulatory solutions amidst growing risks

Saifr has announced its strategic acquisition of GOST, an artificial intelligence (AI) platform from Giant Oak.
SEC

SEC slaps $81m fine on firms for recordkeeping lapses

The U.S. SEC recently made headlines by settling charges with 16 prominent investment advisers and broker-dealers.
Frankfurt

Frankfurt wins bid to host EU’s new AML Authority

Frankfurt has been selected to house the new Authority for AML and Countering the Financing of Terrorism (AMLA).
Mastering CSRD emissions reporting: Strategies for transparency and sustainability

Mastering CSRD emissions reporting: Strategies for transparency and sustainability

Understanding the Corporate Sustainability Reporting Directive (CSRD) is crucial for companies as it heralds a new age of accountability in environmental and sustainability reporting. Position...
Streamlining AML compliance: The future of FinTech operations

Streamlining AML compliance: The future of FinTech operations

In the ever-evolving landscape of financial services, maintaining regulatory compliance is not just a legal requirement but a strategic advantage. As financial institutions navigate...
Velexa launches new Fractional Bonds feature: Making elite investments accessible to all

Velexa launches new Fractional Bonds feature: Making elite investments accessible to all

Velexa, recognised as a top WealthTech 100 company, has recently unveiled its latest innovation: fractional bonds. This new feature is a significant addition to their comprehensive suite of investment tools, designed for both embedded and standalone applications.
Revolut

Revolut introduces robo-advisor service in the Republic of Ireland

Revolut, the global financial super-app with a customer base exceeding 35 million worldwide, has recently unveiled its Robo-Advisor service in Ireland.
WealthTech platform Penfold launches new crowdfunding campaign

WealthTech platform Penfold launches new crowdfunding campaign

Penfold, a leading digital pensions provider, has officially announced its newest crowdfunding round, marking a significant milestone following its impressive growth streak.
fraud

How can RegTechs help to combat document fraud?

One of the most pressing issues with the financial industry right now is document fraud. How can RegTech's tackle this challenge and provide more...

News Stories

US takes the gold for FinTech deals this week - Here are this week's 36 deals

US takes the gold for FinTech deals this week – Here are this week’s...

It was a strong week for US-based FinTech companies, with 17 securing fresh capital this week.  Aside from the US dominating the week for deals,...
Deutsche Bank and BASF initiate pioneering ESG finance programme in Asia

Deutsche Bank and BASF initiate pioneering ESG finance programme in Asia

Deutsche Bank has unveiled BASF’s inaugural sustainability-linked payables finance programme in Asia, concentrating on its operations in China.
PureFacts secures major investment from GrowthCurve

PureFacts secures major investment from GrowthCurve

PureFacts Financial Solutions, a renowned provider of revenue management solutions tailored for the investment sector, recently announced a significant development.
Tuum and ComplyAdvantage join forces to enhance compliance and operational efficiency

Tuum and ComplyAdvantage join forces to enhance compliance and operational efficiency

Tuum is a next-generation core banking platform, has partnered with ComplyAdvantage, a financial crime intelligence platform that offers AI-driven risk data and fraud detection technology to a global client base.
Wisedocs bags $4.5m from CIBC to streamline insurance claim reviews with AI

Wisedocs bags $4.5m from CIBC to streamline insurance claim reviews with AI

Wisedocs, an innovative leader in the InsurTech sector, recently received a significant financial boost. CIBC Innovation Banking has extended $4.5m CAD in growth capital financing.

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