Lombard, part of NatWest Group, and nCino, a global cloud banking software provider, have expanded their long-standing partnership to deploy nCino’s new ProBanker solution, advancing commercial lending intelligence and decision-making for frontline lending teams. The expansion is driven by both firms’ aim to address a pervasive challenge in commercial lending: a lack of visibility into clients’ total market exposure and...

Ripjar has appointed Matt Mills as CEO to lead the company through its next phase of growth. Ripjar enables organisations to transform anti-money laundering (AML) compliance through more accurate and efficient customer screening, providing an integrated and dynamic view of risk. Its platform is designed to help firms screen customers against sanctions lists, politically exposed persons (PEPs) and other watchlists with...

The Commodity Futures Trading Commission (CFTC) has reissued CFTC Staff Letter 25-40, introducing a targeted but significant update to the definition of a “payment stablecoin”. The revised language clarifies that a national trust bank may be considered a permitted issuer of a payment stablecoin for the purposes of the no-action relief set out in the letter, removing any ambiguity that...

Ever wondered why business onboarding can still feel painfully slow, even as competitors promise near-instant verification? According to AiPrise, for many banks, payment providers, and crypto platforms, KYB remains a stubborn friction point, delaying revenue, frustrating partners, and stretching compliance teams already under pressure. For leaders responsible for compliance, risk, or growth, slow KYB processes are more than an operational inconvenience....

Insurify, an online insurance agent and comparison platform, has launched what it claims is the insurance industry’s first ChatGPT app, enabling users to research and compare car insurance directly within OpenAI’s app library. The launch comes as Insurify looks to remove long-standing friction from the insurance buying process. Shopping for car insurance has historically been complex and time-consuming, often requiring consumers...

NatWest and Evelyn Partners have announced a major transaction that will reshape the domestic private banking and wealth management landscape. The acquisition is designed to create the UK’s leading Private Banking and Wealth Management business, transforming NatWest Group’s savings and investment offering and accelerating delivery of its wider strategy. Alongside the transaction, NatWest Group has also announced a £750m share buyback,...

The FCA's launch of its inaugural Enforcement Watch newsletter marks a notable evolution in how enforcement expectations are communicated to the market. According to ACA Group, through this publication, the Financial Conduct Authority is signalling a more open, assertive and strategically aligned approach to enforcement, offering firms earlier insight into investigations, sharper focus on Consumer Duty outcomes and a...

Safqah Capital has emerged as one of the Kingdom’s most closely watched early-stage platforms following a significant seed round that underlines investor confidence in Saudi Arabia’s fast-evolving property and capital markets landscape. The company has raised $15.2m in an oversubscribed seed funding round, one of the largest pure-equity seed raises in the Kingdom to date. The round was led by anb...

Klear.ai, an AI-focused insurance firm, has announced the appointment of Logan Thompson as its new chief financial officer, as the company looks to strengthen its financial leadership amid ongoing platform expansion and customer growth. In his new role, Thompson will oversee Klear.ai’s financial strategy and day-to-day financial operations, according to FF News.  His remit includes ensuring the business has the financial...

In compliance, technology may shape outcomes, but culture ultimately determines how those outcomes unfold. The compliance function has historically relied on labour-intensive, manual processes, and the rise of RegTech has delivered genuine efficiency gains. According to Corlytics, automation has streamlined monitoring, reporting and regulatory interpretation, freeing teams from repetitive tasks. Yet as technology has taken on a more prominent role,...