BNY Enhances Compliance Monitoring with Implementation of Behavox Quantum AI

Behavox, an AI insights company that transforms structured and unstructured corporate data into insights that safeguard and enhance businesses, announced that BNY (NYSE: BK), a financial services company, has completed the implementation of Behavox Quantum. Tom Wileman, Head of Global Compliance Assurance at BNY said:… Read More

DailyPay Expands Into Canada

DailyPay, a worktech company and provider of On-Demand Pay, has expanded into Canada. This marks the company’s second international expansion, after initially moving into the United Kingdom in September 2024. “Expanding into Canada is a major step in our mission to better serve our multinational… Read More

Temenos Announces Significant Job Cuts in India as Part of Global Strategic Overhaul

Swiss-based banking technology provider Temenos (SIX: TEMN) initiated a major workforce reduction, eliminating several hundred positions across its offices in India. This move is part of a broader strategic realignment aimed at optimizing the company’s global operations and enhancing its focus on high-growth markets. The… Read More

UK Fintech Industry Professionals Express Concerns About Nation Losing Status as Global Financial Tech Hub

The United Kingdom, once a global leader in fintech and cryptocurrency innovation, is at risk of falling behind other major global hubs due to stringent regulations and limited access to funding, according to industry professionals. As other regions like the United States, Singapore, and the… Read More

BIS Enables Global Financial Innovation with Project Meridian FX and Project Promissa

The Bank for International Settlements (BIS) is spearheading transformative initiatives in global finance, leveraging various technologies to enhance efficiency and interoperability in financial systems. Two recent projects, Project Meridian FX and Project Promissa, exemplify this commitment, addressing critical challenges in foreign exchange (FX) transactions and… Read More

Janus Henderson Investors Launches ETF on SIX Swiss Exchange

Janus Henderson Investors has become issuer of actively managed Exchange Traded Funds (ETF) on SIX Swiss Exchange. This addition aims to provide further choice to investors. With Janus Henderson Investors, SIX welcomes its “18th issuer of active ETFs and 30th ETF issuer overall on the… Read More

Republic Pursues SPAC Deal, Raises $264 Million in IPO of Republic Digital Acquisition Company

Republic, the largest securities crowdfunding platform in the world, has launched a SPAC deal with the advent of Republic Digital Acquisition Company. According to a company statement, Republic Digital Acquisition aims to target a merger or purchase in the Fintech, software, and/or crypto sector. Republic… Read More

Experian Marketplace Portfolio Now Includes Root Insurance

Experian announced the expansion of its Experian Marketplace portfolio with the addition of Root Insurance, a technology company powering insurance solutions. This partnership gives consumers another carrier option “for affordable and personalized car insurance with a streamlined shopping experience.” Consumers who choose Root Insurance will… Read More

ValidiFI Now Live on Phixius Network as Bank Account Validation Provider

Phixius by Nacha—a peer-to-peer payment information network—announced that ValidiFI is live on the Phixius network as an additional provider of bank account validation. Phixius now offers multiple providers of account validation, “expanding the coverage of account validation data for Phixius users.” Rob Unger, Managing Director… Read More

Where Does Fintech Go Now? UK Report Highlights Support of Innovation, Competition, Challenges of Regulation

  In the midst of UK Fintech Week, ClearBank has published a report on the UK Fintech ecosystem, addressing its status in the country and what it needs to move forward and grow. The UK has long been a top global Fintech hub, supported by… Read More

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