Shinkansen, a burgeoning FinTech start-up hailing from Chile, has recently celebrated the successful closure of a seed investment round.
Topkey, a financial operating system designed to ease the operations of short-term rental property managers, recently announced a successful seed funding round.
Silvr, an innovative neo-lender focused on serving small and medium-sized enterprises (SMEs), has achieved significant strides in the past few years since its inception in 2020.
HSBC UK, an established banking institution, is investing £5m in Glasswall, a London-based cybersecurity firm with a second headquarters in the US.
Industry Research
Australian FinTech investment in Q1 2023 reported lowest quarter in past five years
Key Australian FinTech investment stats in Q1 2023:
• Australian FinTech deal activity reached 22 deals in Q1 2023, a 56% drop from Q1 2022
• Australian FinTech funding ended the quarter at $226m in Q1 2023, the lowest reported in the past five years
• PayTech and RegTech were the most active FinTech subsectors in Australia during Q1 2023 Australian FinTech saw...
Clair, the innovative FinTech firm dedicated to transforming financial services for workers, has successfully secured a substantial $175m in its latest funding round.
The FinTech landscape is increasingly gravitating towards perpetual know your customer (KYC) protocols. As part of this evolution, the operational pillars are rapidly transforming. Graham Bailey, COO of Quantifind, and Brian Kindle, VP of product development at ACFCS, shed light on this shifting terrain in a new podcast on the foundational elements of perpetual KYC.
Compliance Management
Navigating the 2023 AI Surge: The critical role of quality data and human expertise
As we move deeper into 2023, AI breakthroughs are dominating the global business landscape. The capabilities of generative systems and large language models have gripped the public's attention, with companies across various sectors investing heavily in these AI-centric technologies. However, the success of these investments heavily relies on the quality of data used to train these systems and the in-house expertise of the organisations implementing them.
FinTech News
Maximising risk management: The indispensable role of enterprise-wide risk assessment solutions
The constant evolution and intricacy of today's risk environment demand robust financial crime risk management tools. As financial crime threats and risks continuously evolve, an Enterprise-Wide Risk Assessment (EWRA) has become essential for regulated businesses.
Howden, an international insurance broker, has launched its third annual report on cyber insurance titled 'Coming of Age'. The report forecasts the potential for the cyber insurance market to balloon to a hefty $50bn by 2030.
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