Category: Payments and Digital Banking

Australia’s financial crime compliance landscape is set for significant change as AUSTRAC proposes enhancements to its Anti-Money Laundering and Counter-Terrorism Financing (AML/CTF) regulations. Following the…

The insurance industry is increasingly adopting data monetisation to enhance efficiency, improve risk assessments, and reduce costs. By leveraging data as a strategic asset, insurers…

Mexican digital bank Plata has achieved unicorn status with a $1.5 billion valuation after raising $160 million in a Series A funding round led by…

Rocket Companies, based in Detroit, plans to acquire Redfin, a leading digital real estate brokerage, in an all-stock deal valued at approximately $1.75 billion. The…

Finovifi, an Alabama-based fintech innovator, has acquired Modern Banking Systems (MBS) of Omaha, enhancing banking technology for community banks in the Southeastern U.S. This acquisition…

The Office of the Comptroller of the Currency (OCC) has updated regulations for cryptocurrency activities in the US banking system through Interpretive Letter 1183. It…

Chicago’s Ascent Technologies has rebranded as AscentAI, launching a new Regulatory Lifecycle Management (RLM) Platform designed for financial institutions. This AI-driven platform aims to enhance…

Norm Ai, a leader in regulatory AI solutions, has raised $48 million in a recent funding round, bringing its total funding to $87 million over…

Tietoevry has released its Sustainability Statement 2024, marking a key development in its sustainability strategy. CFO Tomi Hyryläinen highlighted the report’s focus on transparency regarding…

Insurity, a cloud-based software provider for the insurance sector, has partnered with InsCipher to improve tax compliance and operational efficiency for insurers. This collaboration aims…