Tag: 2023 FinTech

Identifying the legitimacy of businesses and merchants is not just a routine procedure – it's an essential protective measure for banks and financial institutions. But how can you verify if a business is legitimate? Fenergo delves into the concept of KYB.

Citi has revealed that it has become the first digital custodian participant of BondbloX Bond Exchange (BBX).

Sustainability management solutions provider Optera has revealed that it has raised $12m, enabling the company to expand its carbon accounting solutions and services.

Finastra has teamed up with financial crime specialists Fincom and ThetaRay to offer pre-packaged compliance screening for banks delivering instant payments.

EBA Clearing has recruited a raft of European banks to undertake data model training for a new fraud fighting feature for account-to-account and instant payments.

Emirates NBD has made an equity investment in Erguvan, a FinTech focused on helping financial institutions manage the impacts and risks of climate change.

Evident has launched a generative AI solution for risk managers to streamline and simplify the insurance verification process.

Online bank N26 has announced the appoint of a new General Manager of Italy and Southeast Europe, as it looks develop its presence across its key markets.

Visa has collaborated with Currencycloud to launch a new solution designed to deliver cross-border money movement solutions for banks, FinTechs, FX brokers, corporates, and other payment institutions.

Deutsche Bank and the European Investment Bank (EIB) have announced the launch of a new €400m collaboration, aimed at supporting sustainable transformations at medium-sized companies.