In the world of finance, many establishments have taken advantage of non-transparent fee systems, resulting in overlapping charges. Such intricate fee regimes often deter Family Offices from meticulously tracking their investment strategy execution fees. In this landscape, custodian banks, with no particular stake in the game, offer minimal assistance in fee monitoring.

Key Canadian FinTech investment stats in Q2 2023: • Canadian FinTech deal activity reached 77 transactions in the second quarter, a 2% increase from Q2 2022 • Canadian FinTech companies raised a combined investment of $63m in Q2 2023, a 82% drop YoY • RegTech was the most active Canadian FinTech subsector in Q2 2023 with a 39% share of deals Amidst a...

Key Insurtech seed investment stats in Q2 2023 • Global InsurTech seed deal activity reached 51 transactions in the second quarter, a 38% drop from Q2 2022 • The average InsurTech seed deal size in Q2 2023 increased 66% to $3m YoY • The USA was the most active country for InsurTech seed deals with 22 funding rounds, a 43% share of...

docStribute, a technology solutions provider specializing in secure digital signing and document distribution, and Pegasystems, the global leader in low-code platforms empowering top enterprises to 'Build for Change®', have recently announced their partnership. This strategic alliance aims to support financial services firms in complying with the newly introduced Consumer Duty Regulation in the UK, which took effect on 31 July...

PandaDoc, a digital document automation software company, has announced its acquisition of Denario, a renowned FinTech startup. The merger promises to transform the realm of integrated payment operations. PandaDoc aims to elevate integrated payment operations through this acquisition, with aspirations to offer an extended feature set to its clientele, according to a report from Startbase. Although the exact value of...

IDEX Biometrics, a global technology leader in fingerprint biometrics, has been fully certified by Mastercard, a leading multinational financial services corporation.

Paymentology and Moneythor, the global issuer-processor leader and the top-tier provider of data-driven engagement tools for banks respectively, have unveiled their collaboration. The essence of this partnership lies in offering unmatched and event-driven experiences to users of digital banking, utilising Paymentology’s "Framework for Authorisation and Settlement Transmission" (FAST) platform. Focusing on Paymentology, their fully cloud-based platform stands out due to its...

JPMorgan Chase & Co, the renowned financial behemoth, has raised its ownership in C6, a prominent Brazilian digital bank, from an initial 40% to a significant 46%.

Hyperproof, an innovative SaaS-based risk and compliance management company, is making waves in the industry.

Maybank Investment Bank has tapped Broadridge Financial Solutions to create and launch a Sharia-compliant SBL offering.