Railsr, the embedded finance platform, has today announced that it has been purchased and re-capitalised by a consortium, led by D Squared Capital, and that a change of control has been agreed with the Financial Conduct Authority in the UK. This ensures business continuity for Railsr's customers, and more than five million end-users. Railsr will remain headquartered in the City of London. 

Clausematch, a technology company developing solutions for regulatory compliance, was selected today to join the sixth cohort of the Investment Association (IA) Engine Innovator Programme. The announcement was made at the EmTech Global Conference, held in London earlier Thursday. 

The first ever piece of anti-money laundering legislation came into effect in 1970 when the US introduced the Bank Secrecy Act (BSA). Since then, financial institutions have been under pressure 

to stop those who aim to benefit financially from wrongdoing.  

Senior executives managing execution desks across the sell-side back a regulatory response to halt the increase in market data fees, the latest Acuiti Sell-Side Execution Management Insight Report has found. 

The report, which is based upon a quarterly survey of the Acuiti Sell-Side Execution Expert Network, a group of senior executives from across the globe, found that 47% of the network thought that market data costs were “far too high”, with the remainder saying that they were too high.

HM Bradley, Inc (“HMBradley”), a financial technology platform built to reward savers, today announced a strategic partnership with Thought Machine, a leading provider of banking technology. The partnership enables HMBradley to eliminate its waitlist and open new accounts for the first time in over 16 months. HMBradley has also partnered with New York Community Bank, a division of Flagstar Bank, N.A. (“NYCB”), which will maintain the customer deposit accounts.

Remaining compliant in today’s financial services industries requires a comprehensive surveillance function. Every call, message and communication between employees, customers and trading partners must be captured, stored and monitored to illustrate compliance.

GoLogiq, Inc., a U.S.-based global provider of fintech and consumer data analytics, reports that its recently completed merger with GammaRey has enabled the company to now pursue two major f

Xapo Bank, a leading Bitcoin custodian and licensed private bank, has partnered with Lightspark and integrated with the Lightning Network to enable lightning-fast Bitcoin payments for its customers.

TÜV Rheinland and Alibaba Cloud, the digital technology and intelligence backbone of Alibaba Group, have launched a new initiative to support Alibaba Cloud‘s customers in achieving their sustainability goals. Both companies have now signed a memorandum of understanding to this effect. As a result, companies that use Alibaba Cloud’s ‘Energy Expert’ service will be able to have their carbon emissions verified and certified by TÜV Rheinland experts in the future.

NICE Actimize, a NICE business, has released "The 2023 NICE Actimize Fraud Insights Report" that delves deeply into the banking and payments landscape and uncovers the most pressing threats and patterns impacting financial institutions.