Tag: banking sector

Key Asian FinTech investment stats in Q1 2026: Asian FinTech funding surged by 77% YoY in Q1 Average deal value increased to $18.3m which...

Key US FinTech investment stats in Q1 2026: US FinTech investments grew 16% YoY in Q1 Funding growth was driven by a 4% increase...

As AML and CTF rules expand into sectors beyond banking, the financial burden remains heaviest on traditional financial institutions. Napier AI, a provider of next-generation...

Vanquis and FinScan, a leading provider of AML compliance solutions from Innovative Systems, have entered into a partnership. Vanquis Banking Group is known for its dedicated...

Know Your Business (KYB) is crucial for verifying a business’s identity and ensuring compliance with UK laws.

TD Bank has been slapped with a staggering $3bn penalty for breaches of the BSA marking a record-setting moment in U.S. financial regulatory history.

Rich Data, an Australian-based AI decisioning platform for business and commercial lenders, has recently secured a $9m investment.

CreditLogic, the Dublin-headquartered FinTech company specialising in lending-as-a-service, has successfully raised €3.5m to propel its expansion across Europe.

The Hong Kong Monetary Authority (HKMA) is considering making its green taxonomy framework mandatory for the banking sector

The financial services industry is undergoing a transformation driven by artificial intelligence (AI) technologies, particularly machine learning (ML). These advancements are significantly enhancing anti-money laundering (AML), counter-financing of terrorism (CFT), and sanctions screening as part of customer lifecycle management (CLM).