Persefoni, a leader in sustainability management software, has raised $23 million in its Series C funding round, emphasizing its commitment to AI-driven carbon management tools.…
Women in the UK are set to manage 60% of the nation’s wealth by the end of this year, driven by inheritance and entrepreneurship. Despite…
Quantum computing is poised to transform the financial and RegTech sectors by significantly enhancing financial crime detection capabilities. It allows institutions to process risk models…
Peak Reinsurance Company Limited has gained approval from the International Financial Services Centres Authority (IFSCA) to establish a reinsurance branch at Gujarat’s GIFT IFSC, enhancing…
The cost of regulatory compliance in the financial sector has surged, reaching $206 billion annually, with North America alone spending about $61 billion. A recent…
A recent FICO survey highlights UK consumer perceptions of real-time payments (RTP), revealing that while 79% have sent and 73% received RTP, 23% are unsure…
The European Union (EU) has approved a proposal to postpone key sustainability reporting requirements, aimed at easing regulatory burdens on companies. This decision introduces a…
Mendel, a top enterprise spend management platform in Latin America, has raised $35 million in a Series B funding round led by Base10 Partners, with…
Tirana Bank is initiating a major digital transformation by partnering with Backbase, marking its largest technology investment to date. Supported by the BALFIN Group, the…
myPOS has acquired UTP Group, a UK-based payment services provider, to bolster support for small and medium-sized enterprises (SMEs) in the UK and Europe. This…