Japanese report offers recommendations on promoting sustainable finance
A report by a panel set up by Japan’s Financial Services Agency (FSA) has provided recommendations on how to promote sustainable finance in the country.
Chase unveils new savings account for UK customers
Digital bank Chase has launched a new savings account for its UK customers that will provide savers a rate of 1.5% AER.
Kyriba closes $45m investment led by PE firm Sumeru Equity Partners
Treasury management system Kyriba has closed a $45m equity financing round led by private equity firm Sumeru Equity Partners.
Mastercard agrees $300m cornerstone backing for IPO of PE-backed Network International
Mastercard has agreed to make a $300m cornerstone investment in the planned London IPO of private equity-backed payments processing business Network International.
Global WealthTech investment is moving out of North America as investors target underserved financial...
Rest of World’s share of WealthTech deal activity is up 1.6x since 2015 Since 2015, WealthTech companies have raised over $25.9m, with North American...
Clearstream invests in Digital Vault Services, enhancing digital infrastructure for bank guarantees
Digital Vault Services (DVS), a trailblazing FinTech known for its issuance and safekeeping services for digital bank guarantees and sureties, has announced an upcoming investment from Clearstream, a key component of Deutsche Börse's post-trade business.
44 million passwords are being reused across Microsoft’s services alone
Despite repeated warnings over the years to not reuse passwords, people still fail to follow the guidelines.
The role of KYC and AML in banking
In a hyperconnected and digital world, the importance of KYC and AML in finance cannot be understated. For banking, what do these processes include?