Infrastructure & Enterprise Software

Banking software company Temenos acquires Logical Glue for £12m

By scooping up London-based Logical Glue, Temenos is strengthening the legal compliance of its banking platform.

New IMF report lays down the risks of e-money becoming more popular than physical...

As e-money rises in popularity, a new International Monetary Fund (IMF) report has looked into the rise of cryptocurrencies, e-money and i-money like Facebook’s Libra and what the associated risks to the economy are.

ESMA releases preliminary findings on withholding tax reclaim schemes

The European Securities and Markets Authority (ESMA) has released a report outlining its preliminary findings on multiple withholding tax (WHT) reclaim schemes.

Lumia Capital looks for more money to back international tech businesses

Lumia Capital, a VC investor focused on expanding technology businesses in international markets, is back with a new fundraise.

Thomson Reuters picks up secure audit services provider Confirmation from Great Hill Partners

Great Hill Partners-backed secure audit services provider Confirmation has been bought by Thomson Reuters.

EQT Ventures hails open banking opportunity amid latest Token investment round

Open banking platform Token has scored a new round of funding from investors including EQT Ventures and banking giant BNP Paribas.

PayFit raises €70m from European investors

French payroll and HR platform PayFit has raised €70m in a funding round led by Eurazeo and Bpifrance Eurazeo used its Large Venture fund to...

Wave Financial bought by H&R Block in $405m deal

Toronto-based FinTech business Wave Financial has been bought by H&R Block in a $405m deal.

LeaseQuery receives $40m in Series A from Goldman Sachs

LeaseQuery, a lease accounting software solution, has received $40m in a Series A round from Goldman Sachs’ Merchant Banking Division.

Synapse bags $33m Series B to support a full expansion roadmap for 2019

Synapse, a banking API developer, has closed its Series B on $33m to support its growth strategy for 2019 which includes the launch of brokerage accounts.

News Stories

AI

Australian regulator flags AI risks for financial firms

The Australian Prudential Regulation Authority (APRA), the prudential regulator overseeing banks, insurers and superannuation trustees, has urged the financial sector to significantly raise its...
FCA

FCA issues guidance to unlock fund tokenisation

The Financial Conduct Authority (FCA), the UK's financial services regulator, has published new guidance designed to make it easier for asset managers to adopt...
AML

Why your AML data vendor choice matters more than ever

For senior compliance decision-makers, selecting an anti-money laundering (AML) data vendor is no longer simply a matter of satisfying regulatory requirements. According to ComplyAdvantage, the...
AML

Why EMIs must unify AML screening and monitoring now

For many Electronic Money Institutions (EMIs), the following scenario will ring uncomfortably true: a screening tool flags a customer; moments later, the monitoring engine...
AI

Why AI alone won’t fix your tax reporting challenges

Tax reporting solutions are undergoing rapid transformation as firms grapple with mounting regulatory complexity. With FATCA, CRS and other cross-border obligations generating ever-greater data...

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