Tag: Financial Services

The critical role of risk assessment in preventing financial crime

With the industry's focus on rapid growth and market domination, the critical role of risk assessment in preventing money laundering, terrorist financing, and other illegal activities is frequently sidelined. This negligence can lead to severe consequences, including regulatory fines and reputational damage, ultimately impeding a company's ability to compete.

Virgin Money revolutionizes retirement planning with new FNZ-backed pension product

Virgin Money, a leading financial services company, has announced the launch of its innovative pension offering, further bolstering its digital platform and enhancing its...

Transforming compliance reporting: how automation empowers CCOs and boards

Compliance automation is a game-changer in how chief compliance officers (CCOs) present crucial regulatory compliance information to board members. This technological advancement not only makes compliance processes more efficient but also equips board members with vital knowledge for informed decision-making.

VettaFi joins TMX Group in a $848m deal, enhancing global indexing...

TMX Group, a Canadian multinational with a focus on financial services, and VettaFi Holdings LLC, a leading US-based company specializing in indexing, digital distribution,...

First Bank implements Backbase’s Engagement Banking Platform

Backbase, a global leader in Engagement Banking, has partnered with St. Louis-based firm First Bank, in a bid to revolutionise the banking experience.

Tietoevry Tech Services and LocalTapiola enhance ICT partnership for advanced cloud...

Tietoevry Tech Services, a leading technology company with expertise in cloud, data, and software, has entered into a new collaboration agreement with LocalTapiola, a...

E-commerce financing leader SellersFi announces investment by MUFG Innovation Partners

SellersFi, the pioneering FinTech company known for its innovative e-commerce financing solutions, has recently announced a strategic equity investment from MUFG Innovation Partners (MUIP).

Allianz appoint new CEO of Central Europe

Allianz SE has announced the appointment of a new CEO of Allianz Central Europe beginning January 1, 2024. 

SumUp secures €285m in growth funding for expanding payment solutions

SumUp, a global financial services company, has recently secured a significant investment, marking a new chapter in its journey.

The great AI balancing act: how to boost innovation whilst maintaining...

One technology that has without a doubt caught fire in 2023 is artificial intelligence. The debut of OpenAI’s ChatGPT Generative AI platform earlier this year has offered a springboard for new companies to innovate and disrupt the financial market like never before.

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