FinTech News

Talanx Group, a significant European insurance entity, has cemented its position as one of the leading insurers in Latin America through the purchase of Liberty Mutual Insurance.

Accenture has declared its intent to acquire Brazil-based sustainability consultancy, Green Domus Desenvolvimento Sustentável LTDA.

In a significant move underscoring its commitment to fight market manipulation, the Commodity Futures Trading Commission (CFTC) imposed a fine of $45m on a top-tier bank in May 2023. Eventus, a multi-asset class trade surveillance, algo monitoring and risk controls solutions provider, has explored what firms can do to avoid a similar incident. 

Sumsub, a full-cycle verification platform, recently unveiled alarming data that shows an unprecedented rise in forced verification and deepfake-related fraud cases across the UK and Europe. The findings were drawn from the company's anonymised verification data collected from its clients.

In a time where the world is experiencing significant economic challenges, there is a growing importance of vendor consolidation.

Regnology, a distinguished software provider with a strong emphasis on regulatory reporting solutions, is reportedly nearing the final stages of negotiations to acquire Invoke, a French-based company specialising in financial, regulatory, and tax reporting solutions.

AKUVO, an innovative technology firm focused on collections and credit risk management, has proudly revealed the latest partnerships on its rapidly growing portfolio.

WealthTech startup Wellthi has secured funding from Virginia Venture Partners, the equity investment arm of the Virginia Innovation Partnership Corporation (VIPC). 

Pyrpose, a pioneering climate FinTech platform geared towards climate finance, has reportedly announced its successful funding round.

Ensuring compliance with CRS and FATCA can often feel like navigating a regulatory maze fraught with potential pitfalls, claimed MAPFinTech.