The KYC (Know Your Customer) onboarding process is not just a regulatory formality; it's a critical defense mechanism for banks and financial institutions against the threats of money laundering, terrorism financing, and other unlawful activities.

The debate surrounding the acronym ESG has evolved from divisive to disappointing within the financial services sector.

Key Global InsurTech investment stats in H1 2024: Global InsurTech funding halved in H1 2024 YoY Average deal size dropped to $17.9m as investors grow cautious Cover Genius secured the largest InsurTech deal globally for H1 with a $80m Series E funding round In H1 2024, the global InsurTech sector saw a steep drop in both deal activity and funding....

Parabank, a digital bank focused on people with disabilities, has introduced new credit and prepaid cards specifically designed for this community.

The OPBAS has identified ongoing inconsistencies in the supervisory efforts of the UK’s PBSs in combating money laundering.

French digital health insurer, Alan, has successfully secured a substantial $193m in its latest Series F funding round.

The HKMA has initiated Phase 2 of the e-HKD Pilot Programme, known as Project e-HKD+, on September 23.

Bloomberg, a global leader in financial data and analytics, has unveiled significant enhancements to its climate solutions suite.

Corporate onboarding encompasses processes critical for meeting regulatory demands, including AML compliance and thorough business verification to prevent financial crime.

Datamaran, a pioneer in strategic ESG software, has secured $33m in Series-C funding from Morgan Stanley Expansion Capital.