Recent research estimates that Financial Institutions dedicate up to 12 per cent of their workforce to meet their compliance obligations, costing the industry £50 billion annually. And as the quantity of regulation and financial crime initiatives grow, the resource required is becoming increasingly unsustainable. It is no surprise that more and more Institutions are looking to technology (RegTech) to help them identify and prevent financial crime.

Simpl, India’s leading 1-click checkout network, has partnered Zymrat to facilitate Pay-in-3 feature for customers of the popular D2C performance wear brand.

For centuries people have crossed borders to live, work, and trade. While cross-border payment systems are crucial for financial inclusion and growth in a globalised economy, cost and efficiency challenges remain, particularly in Africa. Mark Dankworth, President of Business Development Africa at leading pan-African fintech enablement partner, Ukheshe Technologies says fintechs are at the forefront of improving cross-border payments on the continent.

Kneip today announced it has entered into a strategic partnership with ISS FWW (FWW Fundservices GmbH) to make European ESG Templates (EET) available in the German market via ISS FWW.

Financial Risk Solutions (FRS), provider of the award-winning investment administration software Invest|Pro^TM used by asset owners, life assurance, wealth and investment management companies worldwide, today announced multiple key promotions as part of the company’s expansion plans into new markets.

X1, a credit card for digital natives launched by former Twitter employees, has secured $25 million in Series B funding.

X1 Card underwrites consumers based on income rather than credit ratings, allowing it to set credit limits 5x greater than standard card providers. It's appealing to recent college graduates and those with stable incomes but low credit scores.

TIBCO has announced enhancements to TIBCO Cloud™ Integration, its industry-recognised iPaaS offering, powered by TIBCO Cloud™.

5ire Raises USD 100 Million in Series A Funding at Valuation USD 1.5 Billion, Turns Unicorn

An overwhelming majority of enterprise organisations would be better supported by higher levels of IT process maturity, according to new research by client-side IT advisory CloudStratex.

Partnerships 

Blockpass and BlockOn Capital Partner over India Blockchain Week