Transaction monitoring involves the vigilant oversight of financial flows within a business to identify and mitigate any suspicious activities that could indicate money laundering or other illegal transactions.

ClaimBuddy, a health insurance claim assistance platform, has successfully concluded its Series A funding round, raising $5m.

SC Ventures, the innovation and FinTech investment arm of Standard Chartered, has recently made a strategic investment in Algbra, a UK-based, Sharia-compliant ethical finance platform.

Fils, a leader in climate-positive transactions, has teamed up with Aion, which offers cutting-edge, AI-enabled financial services that enhance consumer and corporate banking, particularly in the MENA region.

Satago, which offers innovative working capital solutions including Invoice Finance and Cash Flow management, has partnered with Mmob, which specialises in simplifying the integration process for digital financial services.

Mastercard and Equity Bank have unveiled a strategic collaboration that will revolutionise the way money is transferred across borders.

Singaporean banking apps have seen a continued increase in downloads with 3.6m downloads in 2023, a 37% increase from 2022. Incumbents recorded the majority of banking app installations from 2017-2023 with a combined 12.9m downloads, a 88% share of total downloads. Neobanks saw a combined 1.8m downloads over the same period, a 12% share of total downloads. Incumbents dominated...

HighRadius Corporation, a leader in Autonomous Finance software, has expanded its innovative solutions with a B2B payments platform designed to cut payment processing costs significantly.

Bim Ofolami, the Economic Secretary to the Treasury, has established an open finance task force during aspeech at the IFGS 2024 conference.

Standard Chartered, KPMG, and the United Nations Office for Disaster Risk Reduction (UNDRR) are urging for a significant increase in the mobilisation of funds for adaptation and resilience, especially in emerging markets, ahead of COP29. This call to action coincides with the launch of a groundbreaking roadmap by Standard Chartered, KPMG, and UNDRR aimed at catalysing and aligning efforts across...