FinTech News

As financial crime grows more complex and voluminous, traditional AML systems are struggling to keep up. In 2023 alone, financial institutions in the US...

EFRAG has published a progress report detailing its efforts to simplify the ESRS responding to a formal request from the European Commission. The report,...

Smaller deals dominated the FinTech sector this week, with a total of $637m raised across 21 deals. 

As the global wealth management industry edges towards an estimated $171trn by 2027, firms face mounting pressure to keep pace with technological advancement and shifting client expectations. The sector, valued at $1.83trn in 2024, is undergoing a fundamental transformation, driven by the need for more personalised, real-time, and seamless digital interactions.

As regulatory landscapes become more complex and fast-moving, organisations are increasingly turning to AI to make sense of it all. 4CRisk.ai is leading the way by using artificial intelligence to transform how compliance, risk, and policy teams manage and curate regulatory content.

An Australian financial institution with approximately one million customers across Australia and New Zealand has significantly improved its anti-money laundering (AML) processes through the deployment of SymphonyAI's technology.

Vertical spreads are among the most widely used options trading strategies, offering a structured way to manage risk and reward through a combination of calls or puts with varying strike prices.

dLocal has announced the acquisition of key regulatory approvals in three significant emerging markets—United Arab Emirates (UAE), Turkey, and the Philippines—marking a major step forward in its global expansion and regulatory positioning.

Malaysian FinTech firm Instapay Technologies has successfully closed a $3m Series A2 funding round, backed by a consortium of U.S.-based family offices and existing investor ACA Investments Pte Ltd, a Japanese investment firm headquartered in Singapore.

Mastercard and Thailand’s National ITMX (NITMX) have announced the extension of their long-standing collaboration to further enhance PromptPay, Southeast Asia’s leading real-time payments platform.