Tag: regulatory challenges.
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.
Cambio secures $3m in seed funding to revolutionise debt negotiation with...
Cambio, which is introducing AI bots designed to negotiate debt and communicate with bank customers, has raised $3m for its seed round. The seed round...
EU moves to delay CSRD introduction until 2026
The Legal Affairs Committee of the European Parliament has greenlit a proposal suggesting a two-year delay for the full enactment of the Corporate Sustainable Reporting Directive (CSRD).
RegTech Naq secures €3m in oversubscribed round
European automated compliance platform Naq, has successfully secured a significant €3m (£2.6m) investment, marking a pivotal step in the advancement of healthcare and medical compliance across the UK and the EU.
PSP growth acceleration: Overcoming compliance hurdles in the FinTech sector
The landscape for Payment Service Providers (PSPs) is rapidly evolving, with a pressing need to scale operations effectively while managing Anti-Money Laundering (AML) compliance...
Neptune Flood secures $200m in premiums and strengthens advisory board
Neptune Flood, the largest private provider of flood insurance in the United States, has achieved a significant milestone by surpassing $200m in premium revenue.