Tag: financial institutions

Private investment firm Gallatin Point Capital LLC will acquire a majority stake worth $1.25bn in the attorney-in-fact for Trusted Resource Underwriters Exchange (TRUE).

Canapi Ventures, a FinTech venture capital fund, has announced the successful raise of $750 for its Fund II.

SIX, known as both a Swiss and Spanish Stock Exchange operator and a global financial information provider, and Greenomy, a leader in ESG Reporting, have announced a strategic partnership. This collaboration aims to streamline ESG reporting processes for financial institutions and issuers across Swiss and Spanish markets.

In a recent Conduct Risk Assessment of Telephone and Electronic Communications by the Central Bank of Ireland, significant concerns regarding communications compliance have surfaced, especially in hybrid work environments. FinTech Global delved into how offerings such as the Custodia CC1 service can be a solution for these issues.

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.

The Central Bank of Ireland recently conducted a Conduct Risk Assessment of Telephone and Electronic Communications in the securities market. This crucial assessment aimed to evaluate compliance with the Markets in Financial Instruments Directive (MiFID II), especially Article 16(7), which mandates firms to prevent the use of unauthorised communication.

Aptus.AI, a pioneering RegTech startup based in Pisa, has successfully closed a pre-Series A funding round, securing €3m. The round was led by Programma 103...

BBVA Switzerland, a prominent financial institution, has extended its partnership with Metaco, a leading provider of institutional-grade digital asset custody and orchestration platforms. 

AppBrilliance, a pioneering platform for real-time Account-to-Account (A2A) payment acceptance, has closed a strategic investment round led by Truist Ventures.