Enters intelligent AML transaction monitoring space to offer end-to-end client risk management and financial crime compliance 

Fenergo, the leading provider of digital solutions for Know your Customer (KYC) and client lifecycle management (CLM), has announced the acquisition of Sentinels, an anti-money laundering (AML) transaction monitoring new market entrant with artificial intelligence (AI) based technology.   

• 91% UK and German businesses surveyed estimate they could be losing up to 25% turnover due to due to shortcomings in their payment gateway

• 2022 could be a pivotal year for payments strategies, with 40% participants saying they need to make improvements to optimise their systems by the end of the year and 23% saying by the end of H1 2022, to avoid further losses

 New data from Klarna, a leading global retail bank, payments, and shopping service, reveals that UK shoppers are looking to integrate new technologies in their shopping experience, both online and in-store, with flexible payments and comparison services on top of their wishlist.  

Fintech company Bite Investments, names four key industry veterans, to further bolster its global technology, legal, finance and sales teams.

Bite Investments, an international alternative investments and technology company, today announced that it made four significant hires in support of its expansion. Bite’s mission is to utilize its technology platform to expand access to the alternative investment ecosystem.

Mirabaud is proud to announce the launching of the largest project the bank has ever embarked on, pushing ahead its highly regarded entrepreneurial and passionate team to the next level of client servicing thanks to the adoption of enhanced digital front and back-office capabilities.

Starting in Spring of 2022, Temenos (SIX: TEMN) and Wealth Dynamix will be supporting Mirabaud’s move from traditional on-premise systems to deliver a digital end-to-end wealth management platform for the Group over the next few years.

Summary: With ASEAN rapidly trying to leverage the potential of data, BYTES 2022 – ASEAN, a two-day virtual summit, provided the necessary platform to the key industry stakeholders and experts to share their vision, insights and collaborate with peers and solution providers to power data-driven organizations.

Amidst skyscraping digitization drives in Southeast Asia, its digital economy is projected to hit $1 trillion by 2030. With colossal volumes of data being generated every second, the region is breeding a multi-billion-dollar Big Data Analytics industry.

Giesecke+Devrient (G+D) announce its partnership with Patch, a leading carbon credit digital marketplace, to provide bank customers with a seamless payment solution, that actively helps them manage and neutralise their carbon footprint. G+D is thus further expanding its ecosystem of eco-innovative partnerships that supports banks and fintechs in their corporate sustainability strategies and empowers consumers to adopt a more eco-friendly lifestyle.

Uno Re, a decentralized insurance platform, launched its Cover Portal on April 23, 2022. Accessible through Uno Re's dApp, the Cover Portal addresses an underemphasized need in DeFi space: easy access to insurance. For the first time, DeFi users can insure their crypto-assets in a few simple steps thanks to Cover Portal's clear and simple UI.

ComplyAdvantage, a global data technology company transforming financial crime detection, today announced the release of its much anticipated  The E

EUR Steadies, ECB Mulls Rate Rise; AUD, Risk FX Tumble