When was the last time you stepped into a physical bank branch? Chances are it was a while ago. Technology has brought banking to our fingertips and changed the way banking functions. Today, you don’t even need to engage with a traditional bank if you don’t want to. Fintechs and technology giants now offer several innovative and easy financial solutions delivered anywhere, any time. But can any business operate in a wholly impersonal manner? Can a bank really build trust and loyalty with a completely digitised experience only?

iDenfy, a global RegTech company providing ID verification and Anti-Money Laundering (AML) compliance solutions, partnered with CheckYa, a California-based financial platform dedicated to empowering creators and freelancers by offering automated invoice management and payment transfer services. iDenfy will provide identity verification services and built-in AML checks for the entrepreneur-oriented platform. 

As the financial industry continues to digitise and expand its global reach, economic crime has become increasingly sophisticated, presenting new challenges for Anti-Money Laundering (AML) professionals.     

In the dynamic world of financial technology, tales of unwavering determination, resilience, and groundbreaking innovation often captivate us, and Gala Technology's journey embodies just that. Over seven years of persistent perseverance, this visionary company, led by tenacious entrepreneur Jason Mace, has achieved remarkable success after enduring three years of intense investment, research, and development, and four years of trading.

In recent years, the integration of artificial intelligence (AI) in the financial services industry has become a focal point, with various strategic plans being implemented to promote its adoption. Arnold Ma, the founder of Qumin, a leading digital agency representing brands like Standard Bank, Tencent, and TikTok in China, sheds light on the prospects of AI in finance and the transformative applications it will bring to the sector. He emphasises the benefits for consumers while addressing the limitations and challenges of implementing this technology.

hi, the Web3 financial super app and ecosystem, and Animoca Brands, the company advancing digital property rights for gaming and the metaverse, have joined forces by entering into a memorandum of understanding (MoU) for strategic partnership. As part of the partnership, subject to agreement of definitive terms, Animoca Brands will invest US$30 million in hi and collaborate on a number of exciting initiatives.

Blockchain technology has long been lauded for its promise of decentralisation, security, and scalability. But despite these lofty ideals, adoption has been slow. The complexity involved in implementing blockchain solutions has proven to be a significant obstacle, particularly for small and medium-sized firms (SMEs). 

The Board of Monument Bank is pleased to confirm that regulatory approval has been confirmed for the appointment of Mrs Fiona Pollard as the successor to Mr Niall Booker as Chair of Monument Bank. This completes an orderly succession process which has been in train for the last six months and came into effect as of 26 July.

Match-Trader, an award-winning trading platform created by a leading technology provider for Forex Brokers - Match-Trade Technologies, has recently undergone a major refactoring to deliver smoother operation and improved performance for mobile users.