Tag: Financial Services

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.

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

In a new initiative aimed at reshaping the financial services landscape, Mediobanca, Italy's top-tier investment bank, has joined forces with Founders Factory.

In a world that is constantly evolving, AI is proving to to be one of the biggest change-makers. How is it shaping finance? 

Nordea, a leading Nordic universal bank, has struck a deal with Danske Bank, a significant Danish financial institution.

New York-based Cognaize, an intelligent document processing (IDP) company harnessing proprietary hybrid intelligence technology, announced the closure of an $18m Series A funding round.

Highlighting the complexities of the SME green finance sector, new findings from the Lending Standards Board (LSB) examine the various challenges, opportunities, and strategies for banks and lenders to aid their customers on the path to sustainability.

East Brunswick-based company, 1Kosmos, an innovator in unifying identity proofing and passwordless authentication, today announces the launch of its distributed identity cloud service, BlockID, on NayaOne, a principal FinTech ecosystem platform serving financial service providers.

BBVA, a leading Spanish banking group, has recently unveiled its new global financial crime prevention unit.