Financial services
FundApps, a leading provider of compliance monitoring and regulatory reporting solutions, and SteelEye, a pioneering integrated trade and communications surveillance solution, have merged to create a single, end-to-end compliance platform. The combined company will serve 350 clients across 18 countries, with a combined Annual Recurring Revenue approaching £50mn. The merger
Financial services
Financial institutions face a constant and escalating threat of sophisticated payment fraud, with projected annual losses exceeding $50 billion globally. The scale of losses is compounded by the average remediation costs of $4.41 for every $1 lost to fraud, totaling $173.86 billion in North America alone. This threat
Financial services
Financial services regulations play a pivotal role in ensuring consumers are protected, contributing to sustainable and resilient participation in economic activity. The debate on the financial and digitalization chapter of the Draft National Development Plan 12 (NDP 12) has highlighted the need for effective regulations on non-banking financial institutions that
Financial services
Vested, a marketing and communications agency dedicated to the financial services industry, has formed a strategic partnership with Fintel Connect, a growth marketing platform for the financial industry. This collaboration will enable Vested's clients, including banks and financial brands, to tap into Fintel Connect's robust network
Financial services
Comperemedia, a leading go-to-market strategy provider for financial services marketers, has strengthened its ability to help institutions decode competitor strategies and consumer targeting patterns through the introduction of Equifax risk scores directly within the Comperemedia Direct platform. This integration allows marketers to benchmark competitors' acquisition activity, assess credit risk
Economic growth
Sri Lanka's continued commitment to shaping a sustainable financial ecosystem in line with global standards was reaffirmed at the Global Sustainable Finance Conference (GSFC) 2025 in Karlsruhe, Germany. The event featured a distinguished delegation from Sri Lanka's leading banking and financial institutions, highlighting the country'
Financial institutions
US-based Cybrid, a platform for compliant stablecoins and fiat payment infrastructure, has secured a USD 10m series A funding round led by the Growth Venture Fund at BDC Capital, underscoring the growing demand for stablecoins in the financial sector. This latest funding will enable Cybrid to further develop its API-first
Financial institutions
IBM has announced the launch of IBM Digital Asset Haven, a comprehensive platform for managing digital assets across various blockchains. The platform is designed to meet the security, sovereignty, and compliance requirements of financial institutions, governments, and corporations. Developed in collaboration with Dfns, a leading digital wallet infrastructure provider, IBM
Financial institutions
Cotribute, a digital growth platform for financial institutions, has expanded its participation in the Jack Henry Fintech Integration Network, allowing access to Jack Henry's technical resources and enabling integration with Enterprise Payment Solutions (EPS). This expansion builds upon previous integrations with SilverLake System, Symitar, and Banno Digital Platform,
Financial markets
FirstCap Limited, a subsidiary of First HoldCo Plc. and a prominent investment banking firm, has been recognized for its innovative contributions to Nigeria's capital markets. The company received the Capital Markets Architect of the Year award at the 2025 BusinessDay Banks and Other Financial Institutions (BAFI) Awards, which
Financial markets
Global financial institutions are increasingly exploring the use of digital assets as collateral within institutional lending structures, marking a significant shift toward greater integration between digital and traditional finance. Research by Fleet Asset Management Group highlights the growing recognition of digital assets as a component of broader financial markets, with
Financial services
Contemporary banks face a critical challenge: retaining customers in an era where switching institutions has become a seamless and effortless experience. The traditional barriers that once kept customers loyal to their banks have largely dissolved, and customers now have unprecedented access to competitors' offerings. Priscilla Nwachukwu, a financial services
