EveryoneINVESTED recently wrote an article on how acheiving ISO 27001 certification can help in the process of democratising investments.
MAP FinTech has announced a strategic integration with Brokeree Solutions, a technology provider renowned for its brokerage solutions.
Moody's has recently unveiled alarming data indicating a significant escalation in modern slavery incidents and money laundering.
In 2024, insurance companies are at the forefront of digital transformation, leveraging cutting-edge technologies to reshape the industry landscape. As consumer expectations evolve and technology continues to advance, insurers are embracing innovative strategies to enhance efficiency, personalisation, and overall customer satisfaction.
At the heart of the financial sector's efforts to combat illicit activities lies Anti-Money Laundering (AML), a crucial and complex domain. According to Flagright, AML is not merely a regulatory requirement but a fundamental defense mechanism for the integrity of global financial systems. Understanding the AML landscape, including its regulations and implications for financial institutions, is essential for appreciating...
Baanx, a cryptocurrency payments platform, has recently completed a successful $20 million Series A funding round.
Due to the advent and widespread adoption of technologies such as Machine Learning (ML) and Generative AI, the InsurTech sector is expected to receive tighter boundaries when it comes to regulations in 2024. But what does that mean for the sector? FinTech Global spoke to a host of industry experts to find out.
As part of KPMG research, 111 banks from more than 20 countries have answered questions on their progress on and challenges with taking new ESG risk drivers into account and meeting stakeholder expectations. Key hurdles for banks include the availability and quality of data, evolving regulatory requirements, and a shortage of skilled personnel. To address these challenges, forward-thinking banks are...
This research was derived from a 2023 survey conducted by McKinsey and The Institute of International Finance of 37 financial services companies around the world. The institutions surveyed included asset managers and private equity companies; retail, corporate, and investment banks; payment companies and clearing houses; capital markets; insurers; and a major data provider. Twenty-six of the institutions reported less...
CyberTech companies accounted for the lion's share of FinTech deals this week, accounting for 11 of the total 34 deals. Not only did the CyberTech sector do well in terms of the total number of deals, it also accounted for more than half of the total capital that was raised this week. The sector amassed a combined total of $850.6m,...
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