SME
A study by Allica Bank has found plans by the UK PRA to change bank capital rules could put £44bn of SME lending at risk.
ESG
President Biden has issued the first veto of his presidency after the Republicans voted to overturn ESG considerations in ERISA plans.
Two
Two, a Norwegian company aiming to make B2B transactions more seamless, has raised €18m in a Series A investment round.  
generali-uk-selects-supercede-as-reinsurance-technology-provider
Generali UK has partnered with reinsurance software provider Supercede, as its reinsurance technology provider.
B2B-payments-platform-monite-secures-seed-funding-for-embedded-finance
Monite, an API-first embedded finance workflows startup, has raised $10m in seed funding to start “a new wave in embedded finance.”
cyber-disaster-recovery-firm-fenix24-bags-$5m-in-funding
Fenix24, a cyber disaster recovery firm that is transforming the post-breach restoration process and impact, has raised $5m in funding.
continued-claim-pressures-for-P&C-re-insurers-as-inflation-persists-swiss-re-says
Analysts at Swiss Re have predicted that although inflation is easing in 2023, many cost pressures will still underpin elevated claims.
German-fintech-moojo-launches-insurance-for-freelancers
Moojo, a FinTech startup which helps freelancers and creators streamline their invoicing processes, has launched a new product in partnership with Hiscox Germany.
Western Union supports money transfers in Vietnam with MoMo
Multinational financial services firm Western Union has signed a collaboration deal with MoMo to facilitate money transfers in Vietnam.
ID-Pal to aid Keystone Talent Bank with right to work checks
Keystone Talent Bank has teamed up with global identity verification provider ID-Pal to offer real-time digital right to work checks.

News Stories

Behavox raises $175m from HPS to fuel global growth

Behavox raises $175m from HPS to fuel global growth

Behavox, an AI-native controls platform serving global banks, asset managers, hedge funds, and commodity firms, has raised $175m in preferred equity from HPS Investment Partners, a global credit investment firm operating as part of BlackRock.
Tax compliance is no longer a seasonal sprint

Tax compliance is no longer a seasonal sprint

For years, financial institutions treated tax compliance as something that came in waves. Intense filing peaks gave way to quieter mid-year stretches, and operations...
Why legacy surveillance tools are failing compliance teams

Why legacy surveillance tools are failing compliance teams

Compliance teams at financial institutions are buckling under the weight of outdated surveillance systems, and a new survey by A-Team Group suggests the breaking...
WealthAi launches AI client file for wealth managers

WealthAi launches AI client file for wealth managers

WealthAi, an AI operating system built for wealth managers, private banks and family offices, has unveiled its new Client File product, designed to consolidate...
HSBC and Google Cloud forge multi-year AI partnership

HSBC and Google Cloud forge multi-year AI partnership

HSBC, one of the world's largest banking and financial services organisations, has struck a multi-year strategic partnership with Google Cloud to roll out artificial...

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