Tag: Banks

Key steps for banks to implement digital transformation and improve customer...

In the rapidly evolving landscape of 21st-century finance, traditional banking models are no longer enough to stay competitive. Driven by the push towards digital...

Banks’ scam prevention efforts questioned amid rising fraud concerns

A recent study conducted by Tunic Pay in collaboration with Opinium, reveals that the UK's current banking measures to combat fraud are falling short of effectiveness.

Databento secures $10m investment to fuel global expansion in market data

Databento, an emergent leader in the market data industry, has successfully secured an additional $10m in funding.

Glia introduces online calculator for benchmarking customer interactions in finance

Glia, a pioneering force in customer interaction technology, has unveiled its latest innovation—the Unified Interactions Index Online Calculator.

How Comply Exchange’s WHS Extractor is transforming financial documentation

The Comply Exchange Withholding Statement Extractor stands out in the FinTech landscape as an innovative AI-powered solution, transforming the way withholding statements are handled by financial institutions.

Streamlining compliance: Best practices for anti-bribery measures in banking

Banks are increasingly turning to third-party relationships to tap into new technologies, services, and markets.

How UBO verification can safeguard against financial crimes

An UBO refers to an individual who, although not always officially recorded, holds significant control or ownership of a business entity, generally marked by owning 25% or more of the company.

Arise invests $7.5m in Omnisient to advance financial services in Africa

South African FinTech, Omnisient, has recently secured a substantial $7.5m investment from Arise.

Amount gains $30m boost for expanding digital solutions in banking sector

Amount, a leading digital origination and decisioning SaaS platform, has successfully closed a $30m equity capital raise.

Ensuring digital resilience: How to prepare for DORA regulations

The Digital Operational Resilience Act (DORA), which took effect on January 16, 2023, is a crucial piece of legislation designed to bolster the digital resilience of the financial sector.

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