Tag: Banks

Continuous strengthens platform with Sycorr deal

Continuous, formerly SMA Technologies, has bought Sycorr, a provider of identity and access management software for banks and credit unions.

Financial crime doesn’t work in silos—so why do we?

When financial institutions work together, the results can be transformative. That was the clear takeaway from The Great Fraud Showdown, a webinar co-hosted by...

The future of wealth management: how financial planning software is transforming...

In an evolving financial landscape, institutions require powerful tools to manage complex structures efficiently. Financial planning software has become a critical asset for banks, asset managers, and financial advisors, enabling them to refine strategies, automate workflows, and deliver data-driven investment insights to their clients.

Banks face heightened reputational and financial risks as romance scams surge

Romance scams, particularly in the form of sextortion, have experienced a sharp increase, with Moody’s identifying 1,193 new entities and individuals globally with potential...

Moody’s identifies Russian nexus in EU transactions

EU institutions are now facing enhanced oversight of outgoing transactions linked to Russian ownership.

Millions of UK savers unaware of pension pots, risking financial security

Eight in ten UK working-age adults are uncertain about the location of all their pension pots, raising serious concerns about a potential pension savings...

SaaS platform Torus raises new capital to revolutionise card payment transparency

Lithuanian FinTech Torus, a SaaS intelligence platform for banks and PayTechs, has received funding from Goose Valley Ventures (GVV), a FinTech-focused venture capital firm dedicated to startups in the Nordic and Baltic regions.

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.

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