In the rapidly evolving landscape of the US FinTech sector, Q2 2024 stood out for its marked reduction in deal activity and funding. The downward trend highlights a cautious approach by investors, emphasizing quality over quantity. Despite fewer transactions, the average deal size saw an uptick,
The financial services sector is experiencing a seismic shift, thanks in large part to the integration of artificial intelligence (AI). Once reliant on manual and often cumbersome processes, risk management and assessment have been significantly transformed by AI. This change is not only making
In the rapidly evolving landscape of real estate, climate risk assessment has come to the forefront as a critical concern. PropEco, a Glasgow-based technology company, has developed an AI-powered platform promising to revolutionize how climate risks are evaluated in the property sector. Recently
Cross-border payments have long been plagued by inefficiencies that result in high costs, slow processing times, and a lack of transparency. These issues impact both consumers and businesses in significant ways, leading to financial losses and missed opportunities. Enter blockchain technology, a
The landscape of corporate risk and compliance management is continually evolving, and recent developments have highlighted a significant strategic move: Ncontracts, a leading provider of integrated compliance, risk, and vendor management solutions, has acquired Venminder, a prominent third-party
The NGFS Data Directory is a pioneering initiative aimed at fortifying the global financial sector against the growing threats posed by climate change. Institutions such as the BIS Innovation Hub Singapore Centre, the Monetary Authority of Singapore (MAS), and the Bank of France underpin its
