Deal Updates

Novatus Advisory has revealed concerns about the preparedness of UK businesses for the upcoming EMIR REFIT rules in 2024.

Compliance with the European Sustainability Reporting Standards (ESRS) necessitates that companies initially carry out a double materiality assessment. This process helps to determine the scope and content of their data collection and reporting. Position Green has outlined the indispensable part that stakeholders perform in this materiality assessment procedure.

Alviere, a pioneering embedded finance platform provider, and Hawk AI, a leading anti-money laundering (AML) and fraud prevention tech provider for banking and payment companies, are teaming up.

Cognitive View, a leading tech firm renowned for leveraging artificial intelligence to heighten customer experiences, has launched a groundbreaking Generative AI tool.

Swissquote, an online bank in Switzerland, has joined hands with NetGuardians, a leading player in AI-powered FinTech solutions.

Cybersecurity firm, Netwrix, has today announced a strategic investment from Centerbridge Partners, a prominent private equity firm with a global footprint.

DataVisor, a global pioneer in online fraud detection and financial services risk management, has secured strategic funding from CMFG Ventures, the venture capital subsidiary of CUNA Mutual Group.

Onspring, a software as a service (SaaS) platform that specialises in governance, risk, and compliance (GRC), has successfully raised a strategic round of funding.

The Financial Conduct Authority (FCA), the UK's principal financial regulator, sent a pointed "Dear CEO" letter on 16 March 2023. Initially, it praised the competition and innovation witnessed in the payment sector. However, this recognition was soon overshadowed by grave concerns.

There has been a global trend within FinTech over the past year – a drop in total funding volume. However, Asia seems to be defying this trend.