Tag: financial technology
Beyond finance: How compliance is expanding to combat workplace misconduct
In the financial sector, the spotlight has recently intensified on non-financial misconduct, spurred by the Financial Conduct Authority's (FCA) focused initiatives and investigations into issues like sexism, bullying, and discrimination.
KredosAI secures new investment to revolutionize payment outcomes with AI
KredosAI, a trailblazer in leveraging human-centric AI for financial solutions, has successfully closed a significant funding round.
The investment was led by StartFast Ventures, with...
CertifID secures vital growth capital from CIBC Innovation Banking to combat...
CIBC Innovation Banking, a Canadian financial institution, has recently announced a significant financial commitment to CertifID, a pioneering company in the sphere of wire fraud prevention.
ELEMENT, German InsurTech innovator, secures €50m in latest funding round
ELEMENT, a trailblazing InsurTech startup based in Germany, has successfully closed a funding round, securing €50m.
The investment comes from notable entities including Versorgungswerk der...
London RegTech GSS secures $47m to bolster global sanctions compliance
Global Screening Services (GSS), headquartered in London, has announced a fresh infusion of $47m.
RegTech pioneer GSS secures $47m in transformative Series A2 funding
Global Screening Services (GSS), a forefront runner in the RegTech industry, has successfully completed its Series A2 funding round, securing over $47m (£37m).
Copilot Money secures $6m in Series A funding to revolutionise personal...
Copilot Money, a burgeoning FinTech startup, has announced a significant milestone in its growth journey, securing $6m in Series A funding.
Mastercard and SAP Concur partner to revolutionise expense management for businesses
Mastercard, a global leader in digital payment solutions, and SAP Concur, the forefront provider of integrated travel, expense, and invoice management services, have initiated a groundbreaking partnership aimed at streamlining the expense reporting process for businesses and their employees.
One Inc secures strategic investment from Nordic Capital to spearhead digital...
One Inc, a pioneering digital payments platform dedicated to revolutionising the North American insurance industry, has recently announced a significant new investment from Nordic Capital.
Revolutionising finance: The rise of embedded finance in 2024
As we delve deeper into 2024, the embedded finance phenomenon continues to reshape the financial services sector. A Capgemini survey from 2021 revealed that over 70% of banking executives view embedded finance as a catalyst for innovation, customer base expansion, and cost reduction, predicting its market value to soar to $588bn by 2030 from $22bn in 2020. This trend positions embedded finance as a key strategic channel for banks.
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