Digital identity solution Alloy closes its Series B on $40m
Alloy, an identity operating system for the financial services space, has closed its Series B round on $40m.
NFT trading startup NeoSwap AI nets $2m pre-seed
NeoSwap AI, an AI-powered NFT trading startup, has closed its pre-seed investment round and bagged $2m.
UK regulator says stablecoins are e-money
The UK's Financial Conduct Authority has released an update on the cryptocurrency market.
FNZ to acquire fellow wealth management company DIAMOS
Global wealth management platform FNZ has agreed to acquire specialised WealthTech provider DIAMOS to enhance its global wealth management platform.
Digital asset infrastructure firm Taurus picks up $65m
Taurus, a digital asset infrastructure provider, has scored $65m in a Series B funding round headed by Credit Suisse.
Net-Zero Asset Owner Alliance launches ambitious climate protocol for $9.5tn in assets
The Net-Zero Asset Owner Alliance, a coalition of prominent institutional investors, has announced its latest initiative aimed at directing $9.5tn in assets towards sustainability.
Striking a balance between compliance and customer experience during client onboarding
The onboarding process requires financial institutions to comply with increasing global and regionally specific regulations while also delivering an enhanced customer experience. As a result,...
Global WealthTech investment on track for its worst year since 2017
Investment in the sector is expected to slow down for the remainder of the year as the momentum from record H2 2019 wears off
Beeks Financial Cloud receives £2m grant from Scottish Enterprise
Beeks Financial Cloud Group, a cloud computing and connectivity provider for banks, has received a £2m R&D grant from Scottish Enterprise.
Finance ministers set to agree on new EU anti-money laundering authority recommendations by Thursday
From the huge Danske Bank scandal to a rising number of reports in the UK, money laundering is a growing concern for finance ministers in the EU.