Banks believe London will remain global financial center despite Brexit
A recent Lloyds Bank survey has found that banks believe London will maintain its leading global financial center status despite the regulatory uncertainty posed by Brexit.
Monetary Authority of Singapore creates framework to support AI and data analytics adoption
The Monetary Authority of Singapore (MAS) is working with financial industry partners to establish a framework for financial institutions to promote the adoption of AI and data analytics.
Immuta closes its Series D round on $90m
Immuta, which enables teams to control access to cloud data, has closed its Series D round on $90m to further its position in the market and capitalising on the rising demand for its services.
Has the pandemic strangled innovation for financial incumbents?
The pandemic has allowed Big Tech companies such as Google and Amazon to strengthen their grip on financial services, according to The Financial Stability Board.
MAS provides consultation response to credit bureau, reporting regulations
The Monetary Authority of Singapore (MAS) has issued a consultation response on draft regulations and notices relevant to licensed credit bureaus under the Credit Bureau Act 2016.
Revolut expands market footprint with move into the travel sector
UK FinTech firm Revolut has widened its market presence after it rolled out a booking service for the travel industry.
Rabobank spin-off eyes expansion following Series A closure
A spin-off of Dutch bank Rabobank has closed its Series A funding round following investment from its parent company and cross border payments specialist OFX.
Slide closes Series A, wields big data over the competition
Slide, a full-stack homeowners InsurTech, has closed an oversubscribed $100m Series A funding round. The round was led by Gries Investment Funds and Tampa Bay...
XAIN receives investment from IOTA founder
XAIN, which helps businesses make full use of AI without compromising data privacy regulations, has received an investment from IOTA founder Dominik Schiener. The value...
Crown Agents Bank introduces new pensions management tool
Crown Agents Bank has launched Empower Pensions, a new end-to-end pensions management platform.
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