Data & Analytics

Why data is the golden currency

In a world that is becoming ever-more globalised, the need and use of data is becoming central to establishing yourself as bigger and better than the rest.

MAS unveils assessment methodologies for responsible AI use in financial services

The Monetary Authority of Singapore (MAS) has released five whitepapers detailing assessment methodologies to help guide responsible use of AI in financial services.

Overwhelming majority of organisations suffer from data decision gap

Quantexa has found 95% of organisations suffer from the data decision gap, which is an inability to bring together internal and external data needed to make accurate decisions.

Derivatives analytics platform OpenGamma scores $21m

OpenGamma, which is on a mission to transform treasury within financial markets, has closed a $21m in funding.

Credit score FinTech SavvyMoney rakes in $45m growth investment

FinTech SavvyMoney has raised $45m from a growth investment rounded headed by growth equity firm Spectrum Equity with participation from TransUnion.

SaaS provider for asset allocation T-REX gets claws on $40m

T-REX Group, a SaaS provider for the asset-backed financing industry, has closed its Series C round on $40m.

Mastercard seeks racial equity in credit approvals through new data center

Mastercard and Howard University have provided a $5m grant to create a centre focused on eliminating biases in AI and making the credit approval process more racially equal.

Malaysia’s BNM reveals five-year blueprint to transform its FinTech sector

The Bank Negara Malaysia (BNM) has unveiled a five-year blueprint to help develop the country’s FinTech industry.

Iroquois Federal, Nymbus tie the knot to launch newlyweds banking solution

Illinois-based financial institution Iroquois Federal and banking tech vendor Nymbus have teamed to launch a new banking brand for newly married couples.

Tink, Cogo team to offer NatWest customers personalised carbon tracking

Open banking platform Tink has partnered with Green FinTech Cogo to provide NatWest customers with personalised carbon footprint tracking services.

News Stories

Stripe valued at $70bn in new Sequoia Capital deal

Stripe valued at $70bn in new Sequoia Capital deal

In a strategic move, Sequoia Capital has reportedly extended an offer to its investors to buy shares in Stripe, a leading payments company it initially supported nearly 14 years ago, according to a report from Axios.
Mexican FinTech startup OCN raises $86m to expand car rental services for gig workers

Mexican FinTech startup OCN raises $86m to expand car rental services for gig workers

Mexican FinTech OCN, formerly known as OneCarNow, has successfully secured $86m in a Series A funding round, according to a report form Bloomberg.
EBA launches consultation on new MiCAR reporting guidelines

EBA launches consultation on new MiCAR reporting guidelines

The European Banking Authority (EBA) has announced a public consultation on new draft Guidelines intended to standardize reporting requirements under the Markets in Crypto-assets Regulation (MiCAR).
New Independent Science Based Taxonomy (ISBT) enhances sustainable investment

New Independent Science Based Taxonomy (ISBT) enhances sustainable investment

In the realm of sustainable finance, the clarity and credibility of categorising economic activities have received a substantial boost with the introduction of the Independent Science Based Taxonomy (ISBT).
KPMG launches new Clear on Climate Reporting Hub to offer greater ESG reporting support

KPMG launches new Clear on Climate Reporting Hub to offer greater ESG reporting support

KPMG International has recently launched the Clear on Climate Reporting Hub, an innovative platform designed to offer valuable insights and guidance on corporate reporting of climate-related matters.

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