MAP FinTech launches AI-powered solution to boost anti-money laundering compliance
RegTech venture MAP FinTech has unveiled its latest solution to help financial services firms monitor and screen transactions in order to prevent money laundering.
Why cloud technology is key for digital platform speed and scalability
One of the key factors for companies in the digital age is ensuring that consumers can access their information quickly and efficiently. When these processes become too slow, this can have a damaging effect on the user experience.
What is the value of outsourcing regulatory reporting?
When it comes to key areas of the business, the regulatory reporting side may be one of if not the most key for long term operational sustainability.
FinTech revenues predicted to reach $1.5trn by 2030
FinTech revenues are set to grow sixfold from $245bn to $1.5trn by 2030, according to a report from Boston Consulting Group (BCG) and QED Investors. The report suggests that the FinTech sector, which currently holds a 2% share of the $12.5trn in global financial services revenue, is estimated to grow up to 7%.
Capella Space and Floodbase partner to enhance parametric flood insurance
Capella Space Corp., an American space tech company, has announced a strategic partnership with Floodbase to enhance parametric flood insurance.
UK government launches review to ensure its finance sector stays strong after Brexit
With the official Brexit date just months away, the British government has just launched a review to see how the country’s financial services can remain resilient after the UK leaves the EU.
Israel-based OurCrowd scores $60m in capital injection from ORIX
Israel-based Online investment platform OurCrowd has scored $60m through an investment from Japanese financial services group ORIX Corporation.
Key trends in the insurance market for 2022
FinTech Global recently conducted an interview with data and analytics software firm, Quantexa to discuss key insurance market themes from this year and what the industry should look out for in 2022.
What is the difference between onshore and offshore renminbi?
With China now being the world’s second largest economy, the renminbi has become a currency of great interest and value. What are the differences between onshore and offshore renminbi?
Payroc and Ingenico partner to revolutionise self-service payments with Self/3000
Payroc, a leading payments platform with over $80bn in annual volume for more than 151,000 merchants, has joined forces with Ingenico, a global leader in point-of-sale payment devices. Together, they're setting the stage for an evolution in unattended payment solutions.