Tag: FINANCE

The UK has recently taken a step in combatting economic crime with the enactment of the Economic Crime and Corporate Transparency bill.

The Bank of England will conduct an assessment next year regarding the risks associated with AI and machine learning in FinTech.

The urgency to address carbon emissions and embrace eco-conscious practices underscores the significance of the housing industry. Continental Europe suffers from vast amounts of CO2 emissions which stem from housing, amplifying the need for transformative measures that enhance energy efficiency and curtail greenhouse gases.

A Dun & Bradstreet report has highlighted challenges faced by leaders in finance sector organisations regarding the effective use of data.

A new study by Moody's Analytics presents groundbreaking findings in the field of AI adoption within various financial sectors.

A UK Finance survey has revealed that a majority of UK financial services firms are actively piloting the use of GenAI.

TRIVER, a SME working capital provider, has successfully raised a significant £20m in a new funding round.

xUnlocked, a UK education technology firm, has successfully raised £5m in a new funding round led by BPP Education Group.

Politically Exposed Persons (PEPs) have been a longstanding concern in the world of banking and finance, with their identification being a crucial element of anti-money laundering (AML) regulatory requirements for over two decades. Recent events, such as Russia's invasion of Ukraine, have propelled PEPs into the spotlight, as even prominent figures in British politics found themselves denied access to their bank accounts due to their PEP status, as Moody's Analytics discussed in their recent white paper.

The turbulent financial market is forcing companies to increase the scrutiny of their budgets. Rather than simply allowing hype to dictate their spending, firms are starting to see whether their initiatives are generating enough value. One of the areas that could be on the chopping block is public cloud, according to Joel Berwitz - Managing Consultant at technology transformation company CNNECT.