Tag: Europe

EBA opens consultation on default definition

The European Banking Authority (EBA) has launched a consultation on draft amendments to its guidelines on the definition of default under the Capital Requirements...

EPG taps Volt for real-time paylado wallet top-ups

EPG Financial Services has partnered with Volt to enable real-time open banking payments for its e-wallet solution, paylado, aiming to replace manual bank transfers with instant account-to-account transactions.

Enterprise WealthTech XFOLIO lands $2m seed funding

XFOLIO, a French and Lebanese-based FinTech company redefining institutional wealth management, has successfully closed a $2m seed funding round.

AI-powered cyber underwriting expands with Markel, Cyberwrite

Cyberwrite has expanded its partnership with Markel Insurance to enhance underwriting and cyber risk modelling across Europe using AI-driven analytics. Markel Europe has been using...

Has the Omnibus Package impacted ESG regulations going forward?

The EU recently issued the Omnibus Package, including a number of changes aimed at reducing complexity and streamlining ESG-related regulations. However, were these changes...

Cerby bags $40m Series B to protect disconnected apps across global...

Cerby, a leading identity security automation platform, has raised $40m in a Series B funding round to fuel global expansion and product innovation.

Hornetsecurity joins Proofpoint in major cybersecurity acquisition

Proofpoint has announced its plans to acquire Hornetsecurity Group, a pan-European provider of AI-powered Microsoft 365 security and data protection solutions. The move brings together...

WeeFin secures €25m to lead sustainable FinTech expansion in Europe

WeeFin, the innovative FinTech company, announced today that it has secured a new funding round of €25 million. This financial injection comes 15 months after...

How Europe is battling a $103.6bn fraud menace

Nasdaq Verafin has published a significant report, "Financial Crime Insights: Europe," which sheds light on the magnitude of financial crime across the continent. Derived...

The high price of non-compliance in financial services

As financial sectors globally face increased regulatory pressures, the fiscal footprint of maintaining compliance has surged dramatically. According to AscentAI, annually, regions including Asia-Pacific,...

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