Tag: Fintech

Saudi Arabia's FinTech investment more than doubles in 2023 despite global drop Key Saudi FinTech investment stats in 2023: • Saudi FinTech companies raised a combined...

KONA I, a leader in smart card and technology platforms, has teamed up with IDEX Biometrics to bring a biometric smart card to Japan.  The...

From iconic liveries to memorable, yet farcical characters, Formula One has a rich, colourful, and yet troubled past with sponsors. With global brands such as Marlboro, Vodafone, and Petronas weaving their way into the annuls of the sport’s history, it is no surprise that many FinTechs have tried to do so too. Renowned names, in the form of Visa and Cash App, being the latest, as they penned a controversial deal to rebrand Alpha Tauri under a new guise and moniker: Visa Cash App RB Formula One Team. Ahead of the 2024 season, FinTech Global investigates whether there is any correlation between performance on track – and success in the business world. 

Fineksus, a trailblazer in the FinTech sector, has launched the Inspector API,  offering an advanced, cost-effective solution for Anti-Money Laundering (AML) Name Screening.

Entrust, a global pioneer in trusted payments, identities, and data protection, is in exclusive discussions to acquire Onfido, a leading provider of cloud-based, AI-powered identity verification (IDV) technology, based in London.

Oliver Wyman, a premier global management consulting firm and a part of Marsh McLennan, has announced its decision to acquire Innopay, a consultancy renowned for its specialisation in digital transactions.

Verisk, a leading global data analytics and technology provider, has introduced an automated generative artificial intelligence (Generative AI) record summary capability.

Kroll, a prominent independent provider of global risk and financial advisory solutions, has announced the appointment of a new head for its new U.S. Financial Crime Advisory (FCA) practice.

MediConCen Limited, an InsurTech company specialising in automating insurance claims using AI, has raised $6.85m in a Series A funding round. 

91% of banks now endorse Generative AI at a board level, according to a new global study by NTT Data.