Industry News

FinCEN’s latest proposal to tighten AML regulations for SEC-registered advisers

The Financial Crimes Enforcement Network (FinCEN) took a step towards strengthening the financial regulatory framework in the US.
ECB

ECB sets new standards for bank board expertise on digital security risks

In a move aimed at bolstering the banking sector's resilience to ICT and security challenges, the ECB has introduced a new policy.
security

Over 69% of firms boost security spending amid rising online threats

Infosecurity Europe 2024 has unveiled critical findings from its recent research into cybersecurity budget trends across organisations.
Google

How Google’s AI initiative is setting a new standard for digital defense

Google has unveiled its latest venture, the AI Cyber Defense Initiative, poised to harness the power of AI in the realm of cybersecurity.
9 facts you should know about EU taxonomy within real estate ann construction sector

9 facts you should know about EU taxonomy within real estate and construction sector

After two years of EU Taxonomy reporting, Greenomy's Sustainability and ESG data experts have embarked on an in-depth review, focusing specifically on the construction and real estate sectors. This first sectoral analysis aims to illuminate the practical application of the EU Taxonomy, guiding companies towards the goal of carbon neutrality by 2050.
AI

The future of financial compliance: Preparing for AI regulatory changes

In a recent post by ACA Group, the firm outlined the eight steps CCO's should take now to prepare for AI regulation.
BIBA

FullCircl responds to BIBA manifesto launch amid UK economy turbulence

The 2024 BIBA Manifesto, titled "Managing Risk for Growth and Economic Security", has been warmly received by FullCircl.
Napier

Napier AI secures £45m investment from Crestline for RegTech expansion

Napier AI has announced a £45m investment from Crestline Investors, a US-based, credit-focused institutional alternative asset manager.
Sovos unveils Compliance Cloud: A one-stop solution for global tax compliance

Sovos unveils Compliance Cloud: A one-stop solution for global tax compliance

Sovos, known as the always-on compliance company, has made headlines with the introduction of the Sovos Compliance Cloud.
Monzo eyes £4bn valuation in landmark funding round

Monzo eyes £4bn valuation in landmark funding round

Monzo is on the brink of securing a new funding round that could see the British digital bank's valuation soar to approximately £4bn.

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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