FinTech News

CMA

CMA exposes potential anti-competitive activity in UK’s bond market by top-tier banks

The CMA has issued provisional findings indicating potential collusion among five significant banks on the trading of UK government bonds. 
matrix

Navigating the labyrinth of economic crime with a unified threat matrix

When it comes to navigating the challenges of economic crime, establishing a threat matrix can be a key way to steady the ship.
Revolutionising cryptocurrency wallet security with OMNIA's RPC Endpoint

Revolutionising cryptocurrency wallet security with OMNIA’s RPC Endpoint

In today's digital age, cryptocurrencies are securely housed across the globe in various types of wallets. Whether through software or hardware, custodial or non-custodial, each wallet type offers unique benefits and potential drawbacks.
biodiversity

Standard Chartered breaks new ground with first head of biodiversity

Standard Chartered has announced the appointment of Oliver Withers as the bank's first Head of Biodiversity.
Redefining the customer journey: Skandia's digital leap with Kidbrooke's OutRank

Redefining the customer journey: Skandia’s digital leap with Kidbrooke’s OutRank

In the fast-paced digital age, traditional financial entities find themselves contending with customer demands for efficient, convenient service similar to what's provided by digital powerhouses like Amazon, Netflix, and Spotify.
4trans-allianz-trade-partnered-to-boost-EU-SME-funding

Allianz Trade joins 4Trans to boost EU SME funding

4Trans, a FinTech firm specialising in financial products for supply chain and logistics companies, and Allianz Trade, a prominent player in the insurance sector, have embarked on a strategic partnership.
faye-bags-$10m-to-reimagine-travel-insurance

Travel InsurTech Faye bags $10m in series A to reimagine travel insurance

Faye, a burgeoning travel insurance start-up, has raised $10m in its Series A funding round.
renaissance-re-validus-acquires-$4.5bn-deal

RenaissanceRe acquires Validus Re from AIG in a lucrative $4.5bn deal

American International Group (AIG), a global insurance behemoth headquartered in the US, has announced its decision to divest Validus Re to RenaissanceRe Holdings Ltd.
Hamilton

Hamilton Lane enhances sustainable investment platform with $850m boost

Hamilton Lane has announced that it successfully raised more than $850m of impact and sustainable capital since early 2021.
sapiens-generative-AI

Sapiens and Microsoft: Pioneering Generative AI for the Insurance Sector

Global software solution provider Sapiens International Corporation, and tech titan Microsoft, have announced a strategic partnership aimed at harnessing the power of generative artificial intelligence (AI) in the insurance industry.

News Stories

Behavox raises $175m from HPS to fuel global growth

Behavox raises $175m from HPS to fuel global growth

Behavox, an AI-native controls platform serving global banks, asset managers, hedge funds, and commodity firms, has raised $175m in preferred equity from HPS Investment Partners, a global credit investment firm operating as part of BlackRock.
Tax compliance is no longer a seasonal sprint

Tax compliance is no longer a seasonal sprint

For years, financial institutions treated tax compliance as something that came in waves. Intense filing peaks gave way to quieter mid-year stretches, and operations...
Why legacy surveillance tools are failing compliance teams

Why legacy surveillance tools are failing compliance teams

Compliance teams at financial institutions are buckling under the weight of outdated surveillance systems, and a new survey by A-Team Group suggests the breaking...
WealthAi launches AI client file for wealth managers

WealthAi launches AI client file for wealth managers

WealthAi, an AI operating system built for wealth managers, private banks and family offices, has unveiled its new Client File product, designed to consolidate...
HSBC and Google Cloud forge multi-year AI partnership

HSBC and Google Cloud forge multi-year AI partnership

HSBC, one of the world's largest banking and financial services organisations, has struck a multi-year strategic partnership with Google Cloud to roll out artificial...

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