Despite financial market fluctuation, global efforts to secure a more sustainable and eco-friendly future are only increasing. New ESG frameworks are changing how banks and corporations address their sustainability goals, and new consumer pressure is requiring institutions to turn a previously sub-tier risk category into a global business strategy.

Finotta, a provider of embedded fintech for digital banking, announced today that its Personified Platform has digitally increased savings account opportunities by more than 20X compared to an average physical banking location.

Sumsub, full-cycle verification platform to secure the whole user journey, is pleased to announce a new partnership with AlphaPoint, a trusted veteran white-label exchange software provider in the blockchain space.

Buy now pay later (BNPL) is not a new concept, yet BNPL - as we know it today - has exploded globally over the last few years. In Southeast Asia, the alternative payment method is gaining ground, driven largely by the region’s high internet penetration as well as its substantial younger mobile-first generation.

Finastra, a global provider of financial software applications and marketplaces, today announced it has completed testing and certification for the FedNow Service, becoming one of the first vendors in the industry to complete the process.

New research from LexisNexis Risk Solutions reveals that 94% of financial services providers think teaching fraud prevention in schools will better protect the UK public against the risks of fraud and financial crime.

88% of firms also said they believe that teaching online safety and digital literacy skills in school are now as important as maths and English.

Fintech is alive and well in Hungary.

Before and at the huge Money20/20 Europe conference that took place in Amsterdam on 6-8 June, 2023, foreign fintech companies told me that they were working with major Hungarian banks.

Various sources – including Mafisz, the local trade association - indicate that there are dozens of fintech companies based in and near Budapest.

With large amounts of financial data and information being processed at the start of a new tax year, businesses are particularly vulnerable to cyber-attacks.

Scammers are adept at taking advantage of underprepared systems, and with tax-related criminal activity on the rise, cyber security for businesses need continued attention to ensure appropriate risk management is in line with the latest regulatory changes. So how can businesses be prepared?  

Arcesium, a leading global financial technology firm, and Confluence, a leading global technology solutions provider for the investment management industry, today announced a partnership to deliver an integrated data management and analytics solution for middle/back-office operations for asset managers, built to bring workflow efficiency in performance, risk, and regulatory reporting.