Tag: financial technology

Streamlining compliance with KYC Portal CLM: A single customer view solution...

KYC Portal CLM has developed an approach that centres on the single customer view, streamlining the process of handling data.

DeFi startup Ethena emerges from stealth with $6m funding

DeFi startup Ethena has successfully raised $6 million in a seed funding round, as it aims to revolutionize bond trading on the blockchain.

Monzo eyeing expansion with potential Lunar acquisition

As the digital banking landscape continues to evolve, British-based Monzo Bank has entered preliminary discussions about a potential acquisition of the Nordic lender, Lunar Group. This information was relayed by an anonymous source privy to the ongoing talks.

Traditional finance metrics prioritised over crypto-specific ones, Broadridge survey finds

A ground-breaking study by Broadridge Financial Solutions, a global FinTech leader, has uncovered that key metrics essential for comprehensive crypto asset evaluation are not the primary focus for a majority of investors. This is despite a burgeoning interest in the realm of crypto assets.

Next-gen corporate banking platform Fennech secures £2.3m

Fennech Financial, the innovative leader in the FinTech sector, has recently announced a successful investment round that brought in £2.3m.

Regions Bank backs InsurTech innovator Slide Insurance with a robust $35m

Slide Insurance, a firm with a specialised focus on homeowners insurance, has announced a noteworthy stride in its financial journey.

Streamlining AML and CRA processes: Loomis FX’s success with KYC Portal

Organisations worldwide are increasingly seeking ways to optimise their customer risk assessment (CRA) and anti-money laundering (AML) risk management strategies. Implementing effective CRA and AML procedures plays a crucial role in providing an accurate analysis of the potential risks that new clients might pose.

Cross-border collaboration key in taking on international scams

Sun Xueling has recently proposed the establishment of Anti-Scam Commands in different countries to tackle scams.

OneVest secures $17m Series A funding to revolutionise WealthTech

OneVest, a WealthTech firm aiming to significantly upgrade wealth management experiences for both financial institutions and their clients, has just announced a noteworthy CAD$17m in Series A funding.

7 reasons why wealth managers are gravitating towards cloud-based solutions

In the realm of wealth management, there is an increasing preference for cloud-based portfolio management software, a shift driven by the multiple advantages these solutions present. WealthArc has outlined seven major reasons behind the rising adoption of cloud-based alternatives over traditional on-premise options.

120,000+ FinTech leaders get exclusive industry stories delivered every week

Download the free AIFinTech100 report

FREE

Download the AIFinTech100 report for 2024 with details on each solution