Lucinity Joins Forces with Knights Analytics to Enhance AI-Driven Data Solutions for Financial Crime Compliance
Lucinity partners with Knights Analytics to leverage AI-driven data quality and analysis tools, enhancing financial crime compliance. This collaboration aims to streamline anti-money laundering (AML) processes, improve data accuracy, and ... Read More
Zopa Enhances Credit Assessments with ClearScore’s D•One Integration
UK challenger bank Zopa has integrated ClearScore’s D•One technology to boost its credit assessment capabilities. This partnership will leverage open banking data to offer more accurate and personalized credit evaluations, enhancing ... Read More
RAKBANK Teams Up with Wipro to Enhance Digital Services
RAKBANK has partnered with Wipro to advance its digital capabilities, focusing on improving customer experience and operational efficiency through advanced technology solutions. This collaboration aims to integrate cutting-edge digital ... Read More
ECB Cybersecurity Test Reveals Banks Need to Enhance Security Measures
The ECB's cybersecurity test has revealed significant weaknesses in many banks' defenses, indicating a need for enhanced security measures and better preparedness against sophisticated ... Read More
Hex Trust Achieves Major Payment Institution License from MAS
Hex Trust has secured a Major Payment Institution (MPI) License from the Monetary Authority of Singapore (MAS). This milestone allows Hex Trust to offer a broader range of payment services, enhancing its position in the financial sector ... Read More
UK Banks Collaborate in Major ‘Dirty Money’ Crackdown
Seven major UK banks, including HSBC and Barclays, will share data with law enforcement in a new initiative aimed at combating money laundering and financial crime. This collaboration, led by the National Crime Agency, seeks to enhance ... Read More
MNT-Halan Secures $157.5M Investment and Acquires Turkish Fintech to Drive Regional Expansion
Egypt's MNT-Halan has raised $157.5 million in funding and acquired a Turkish fintech firm as part of its strategic expansion into the Turkish market. The move positions MNT-Halan for broader regional influence in the fintech ... Read More
Nasdaq Surges as Fintech Sector Drives Market Growth
Nasdaq’s robust performance in recent quarters is largely attributed to the fintech sector's expansion. Innovations and increased investments in financial technology have significantly boosted market confidence, leading to a surge in ... Read More
Paytm Faces Penalty for Stamp Duty Non-Compliance
Paytm has been fined for failing to pay the requisite stamp duties on its financial transactions. The penalty highlights the increasing scrutiny on digital payment firms to adhere to regulatory requirements and underscores the importance ... Read More
Paysafe and Alchemy Pay Partner to Enable Crypto Purchases via Bank Accounts
Paysafe and Alchemy Pay have announced a strategic partnership to streamline cryptocurrency purchases through bank accounts, enhancing accessibility for users. The collaboration aims to bridge the gap between traditional banking and ... Read More