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.
Investment Metrics lands investment from Resurgens and HarbourVest
Connecticut-based Investment Metrics has received an investment from Resurgens Technology Partners and HarbourVest Partners.
EBA finalises EEA bank supervisory reporting cost study
The European Banking Authority (EBA) has completed its study of the cost of compliance of European Economic Area (EEA) banks with the supervisory reporting requirements.
BIS paper outlines Big Tech regulation challenges in financial services
The Bank for International Settlements (BIS) has published a paper underlining the challenges caused by rapid Big Tech growth in the financial services sector.
Saudi FinTech sector records $347m in new investment over last 12 months
A recent report by FinTech Saudi has found how Saudi Arabia’s FinTech market has seen a 37% hike in new companies with investment exceeding SAR$1.3bn ($347m).
Esusu bags $1.6m in seed to support expansion of product and partnerships
Esusu, a platform helping individuals save money and build credit, has bagged $1.6m in its seed round.