Tag: banking sector

2023 has brought forward unique challenges and trends in the KYC (Know Your Customer) and AML (Anti-Money Laundering) landscape, as revealed in a survey...

In 2022, Fenergo's annual research survey of global investment banks highlighted a labor-intensive environment in Know Your Customer (KYC) processes. These processes were costing banks as much as $35m annually.

Key Lending Technology investment stats up to Q3 2023 • Lending Technology deal activity is on track to reach 521 transactions in 2023, a 15%...

In the swirling vortex of corporate sustainability, a murky undercurrent of greenwashing steadily amplifies, becoming an increasingly prominent issue. Research by RepRisk, a globally recognised...

European banks have shown resilience in the face of a tougher stress test, according to a new report from the EBA.

In an endeavour to modernise financial transactions, the Federal Reserve launched its instant payment platform, the FedNow Service.

Deutsche Bank has been hit with a fine of $186m by the Federal Reserve Board due to deficient AML practices and other violations.

The Bank of Italy has revealed it is spearheading an innovative project to explore the potential of a CBDC.

In a recent post by Currencycloud, the company provided a review on a talk regarding gender equality in the banking sector.