Tag: Fintech

Banking as a Service (BaaS) has been celebrated as a significant catalyst within the European FinTech industry, driving its influence on a global scale. Napier AI, which offers a financial crime compliance solution, recently explored why a risk-based compliance approach is vital for BaaS. 

Lucinity, an AI software company focusing on financial crime operations, has entered into a strategic partnership with Knights Analytics, a leader in AI-driven data solutions.

Axle Automation, a trailblazing provider of AI-powered solutions for compliance teams, has successfully closed a significant seed funding round.

Aveni has secured a Series A investment of £11m, marking it as one of the most substantial early-stage funding rounds for a Scottish firm in 2024. 

Verizon has long been a leading carrier in business communication, particularly in the financial services sector. With over 99 million postpaid connections, Verizon’s robust network facilitates vital communication channels, especially through SMS, which is critical for transaction alerts, client communications, and internal coordination within financial institutions.

Featurespace, a global fraud and financial crime prevention firm, has entered into a strategic partnership with OrboGraph, a leading provider of check processing automation and fraud detection software and services.

The European Central Bank (ECB)’s climate-related supervision has already led to an improvement in banks’ risk exposure and management, and increased capital allocation towards...

Linx Security, a trailblazer in the field of identity security and governance, has officially come out of stealth mode, announcing a substantial $33m in funding.

The Australian Government recently unveiled a consultation aimed at overhauling its AML and CTF strategies.

Sopra Banking Software (SBS), a leader in providing integrated banking software, announces a strategic partnership with Finom, a cutting-edge financial services provider dedicated to SMEs and entrepreneurs.