Tag: financial institutions

A recent report by Gartner reveals the priorities for software buyers in 2024. As part of the study 542 software purchasing decision-makers were surveyed...

FusionIQ, a leading provider of cloud-based wealth management solutions, joins forces with Kinecta Federal Credit Union in a strategic partnership aimed at enhancing digital investing services for financial institutions.

The journey of digital transformation has been a critical focus for financial institutions (FIs). While considerable progress has been made in digitising compliance and operational processes, a significant challenge remains: addressing Financial Crime comprehensively.

In recent years, United States financial regulators have established themselves as global leaders in enforcement. In 2022, they imposed $3bn in fines, nearly three...

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.