Tag: FinTech 2023

Decentralised perpetuals exchange KTX.Finance, has made a statement with a recent $4m round of seed funding.

Aafaq Islamic Finance, a premier provider of Shariah-compliant financial services, and Network International, a leading facilitator of digital commerce in the Middle East and Africa (MEA), have announced a partnership aimed at bolstering Aafaq's digital transformation.

In the rapidly advancing InsurTech landscape, Hepster, an embedded insurance startup based in northern Germany, has proven to be an influential player.

Equabli, a leading light in the FinTech sector, is celebrating the successful completion of its most recent financing round.

UK Chancellor Jeremy Hunt will unlock approximately £50bn from pension funds for investment into high-growth firms.

Revolut faced a security breach, leading to a loss of $20m due to a fault in its payment processing system, as reported by the FT.

The EU Retail Investment Strategy has launched an exciting prospect for clients to be at the centre of the European Capital Markets Union, bringing forth the dawn of the digital advice era. This innovation stands to democratise financial advice, making it accessible to a wider audience while recognising the human emotions associated with investing.

Upgrading technology in investor onboarding offers immense benefits and the asset management industry is quickly catching on. The landscape of regulatory environments is in...

In an increasingly interconnected financial landscape, financial crime has become more sophisticated, underlining the importance of maintaining robust anti-money laundering (AML) compliance for financial institutions. With stringent regulatory scrutiny and technological advancements, financial institutions must adhere to strict AML regulations to deter activities such as money laundering, terrorism financing, and other financial crimes. Moreover, understanding and considering the significant cost of non-compliance is vital.

The UK's Financial Conduct Authority (FCA) recently released a ten-point checklist for companies in anticipation of the new Consumer Duty regulation set to be enforced on July 31, 2023. This regulation marks a pivotal shift in the regulatory landscape, impacting both new and existing services and products available for sale or renewal.