Droit, a leading technology firm in computational law and regulation, today announces the launch of its Exchange Traded Derivatives (ETD) Reporting product—designed to enhance regulatory transparency and ensure compliance with global reporting requirements for listed derivatives.
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Global wealth intelligence provider, 1fs Wealth, has announced a strategic partnership with, Apex Group, a leading financial services company, that will see the group’s clients benefiting from the latest in innovative, digital wealth management solutions.
In recent years, the African fintech ecosystem has emerged as a dynamic and transformative force, significantly advancing financial inclusion across the continent. Much of this growth has been fuelled by innovative private sector financial technology solutions, addressing the challenges faced by traditional financial services. However, to fully unlock the potential of fintech and ensure its sustainability, government intervention in developing a comprehensive regulatory framework is essential.
As international trade and e-commerce continues to expand, cross-border payments has grown substantially. According to the latest report from EY, global cross-border payments are growing at around 9% annually, and is expected to reach US$290tn by 2030. As the digital economy continues to expand, the demand for more efficient, secure, and inclusive payment systems becomes crucial.
In an effort to boost scam protection for its customers, Westpac is adding 50 new team members to its Fraud and Scam Operations team and a new feature that allows customers to report a scam, fraud or mistaken payment through the app.
This comes as the bank continues to invest in new detection and prevention measures, which stopped customers from losing $237 million to scammers in FY24.
Airwallex, the Australian-founded leading financial platform for modern businesses, today announced that it is launching Airwallex for Startups in New Zealand, to help Kiwi startups to accelerate their growth.
Financial services group Industrial Thought Ltd. has announced the launch of its subsidiary Raw Knowledge, a specialist data provider and consultant delivering a comprehensive Excess Reportable Income (ERI) solution.
Public awareness of new regulations that require UK banks to reimburse victims of payment scams remains critically low, weeks after their enforcement.