Tag: Financial Services

Rising greenwashing trends meet financial sectors

In the swirling vortex of corporate sustainability, a murky undercurrent of greenwashing steadily amplifies, becoming an increasingly prominent issue. Research by RepRisk, a globally recognised...

Data security pioneer Tune Insight bags $3.4m in seed funding round

Tune Insight, the forward-thinking company, is transforming how businesses interact with sensitive data, ensuring that this crucial information stays protected while allowing companies to fully exploit their data and models.

New unicorns tick up in August led by FinTech companies

Of the three companies that reached unicorn status in August 2023, two were FinTechs highlighting the continued faith in the sector shown by investors The...

Lending Technology sees continued investment in Q2 2023 despite global interest...

Key Global Lending Technology investment stats in Q2 2023 • Lending Technology deal activity reached 126 deals in Q2 2023, a 22% drop YoY • Lending...

Wealth Club invests £2.4m in Kore to aid regulatory transformation

Kore, a RegTech SaaS platform that enables large firms to accelerate regulatory compliance, has secured a significant financial boost.

Navigating AML compliance in 2023: A detailed guide for MSBs

MSB have emerged as a crucial part of the financial ecosystem, bridging a gap that once only traditional banks would fill.

albo expands its footprint in Mexico’s financial services by acquiring delt.ai

albo has announced its acquisition of delt.ai, a Y-Combinator FinTech company in Mexico specializing in financial services.

Proactive conflict management: The future of compliance in financial firms

The contemporary regulatory environment has ushered in an era where the financial penalties and reputational damage of regulatory fines are intolerable for firms. The 2023 Starling Compendium emphasises that firms must instate processes to deter misconduct before it even occurs.

FCA Consumer Duty Countdown: Are firms ready?

The final deadline for compliance with the UK Financial Conduct Authority's (FCA) new Consumer Duty is swiftly approaching in July 2023. The regulatory agency has been actively providing guidance, conducting multi-firm reviews, and sharing specific industry insights in the form of Dear CEO Letters to ensure that firms are adequately prepared for the implementation.

Consumer Duty takes effect: A new era of protection in financial...

Consumer Duty, a set of new rules aimed at enhancing consumer protection in the financial services sector, has come into force.

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