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. 

Tuum, a leading next-generation core banking provider, and Numeral, a leading bank orchestration platform, today announce a strategic partnership to empower financial institutions and fintechs to efficiently launch and expand across Europe and the UK, leveraging a robust and resilient pan-European payment infrastructure and the rapid speed to market of new offerings and services enabled by both solutions.

TransBank, one of Mongolia’s pioneer banks, has successfully migrated its card management system to TranzAxis, an award-winning payments platform from Compass Plus Technologies.