In 2024, as financial crimes become increasingly complex and cross-border in nature, regulators across the globe face a high-stakes game of cat and mouse. With geopolitical tensions shaping policy and technological innovations blurring the lines of legality, the task of combating financial crime
In a rapidly digitizing world, the financial sector stands at a crossroads, confronting a surge in cyber threats capable of unraveling the fabric of global economic trust. The stakes have never been higher, as the sector is propelled into a future where technology underpins every transaction, every
In the landscape of 2024, FinTech is undergoing a radical transformation, driven largely by a leap in technological integration within the trading sector. This year is poised to be a hallmark moment where advancements in AI, digitization, and decentralized finance (DeFi) combine to create a new era
In an age where technology strides forward with each passing day, the fintech industry in the Asia-Pacific region finds itself at the crossroads of innovation and vulnerability. The "2024 State of Fraud" whitepaper by Telesign paints a sobering portrait of the ever-increasing threat of fraudulent
In a remarkable turn of events that melds the worlds of finance, technology, and environmental sustainability, the Berlin-based fintech startup, Cloover, has successfully secured an eye-opening $114 million in seed funding. This capital injection, a combination of debt and equity, is particularly
The fintech landscape in India is on the brink of a pivotal transformation with the Reserve Bank of India's (RBI) finalized guidelines for the creation of a Self-Regulatory Organization (SRO). This move aims to forge a link between the burgeoning fintech sector and regulatory authorities, ensuring
Open banking, a synergistic manifesto born from the union of regulatory vision and market innovation, stands to remodel the financial services terrain in a revolutionary way. This system enables financial institutions to share data safely with sanctioned third-party providers, ushering in a new era
The global banking sector is navigating a transformative phase with open banking gaining prominence as a core component for financial institutions’ future success. A joint report by Sopra Steria and Sopra Banking Software, with insights from Forrester and Ipsos, presents a compelling
With the advent of the digital age has come a surge in identity fraud. Thieves have become increasingly sophisticated in their methods, necessitating more advanced countermeasures. Artificial Intelligence (AI) has emerged as a critical weapon in this ongoing battle, leveraging its capabilities to
In Wakefield, Massachusetts, a new chapter in local energy innovation has been penned with the successful completion of the 230-kilowatt (kW) solar energy project by Ameresco. This ambitious venture, crafted for the Wakefield Municipal Gas & Light Department (WMGLD), is a beacon of progress in the
