Italian FinTech Tot Secures €7M to Revolutionize SME Banking
Tot, an Italian FinTech startup focused on streamlining banking for small and medium-sized enterprises (SMEs), has raised €7 million in its Pre-Series A funding round. This brings the company’s total funding to €11 million, including its Seed and Pre-Series A phases. The latest round was led by CDP Venture Capital SGR, with participation from […]
The Future of Insurance: Smarter Data and Trusted Decisions
Critical decisions in insurance often happen in mere moments—a single email, scanned PDF, or keystroke can determine whether a payout is processed quickly, a risk is flagged, or customer trust is preserved. Yet, outdated systems and siloed data can disrupt these processes. What if fragmented information could communicate, reason in real time, and anticipate future […]
Wealth Management Industry Faces AI-Driven Transformation Amid Rising Client Expectations
The global wealth management sector is undergoing profound change as client demands, regulatory scrutiny, and technological innovation reshape how advisors operate. According to LSEG Data & Analytics’ Wealth Insider Insights series, financial advisors are moving beyond traditional advisory roles to act as curators of data, filtering vast streams of market information into actionable insights that […]
WorkFusion’s AI Agents Redefine Financial Crime Compliance
WorkFusion is reshaping the landscape of financial crime compliance with its AI Agents, which act as fully digital team members embedded in core processes, including KYC checks, sanctions screening, transaction monitoring, and adverse media reviews. Unlike generic AI tools, these agents are tailored to specific compliance workflows, enabling faster, more accurate, and consistent outcomes while […]
GenAI in Compliance: Promise, Pitfalls, and the Push for Smarter Regulation
As regulatory change accelerates worldwide, businesses face growing pressure to keep up. In this shifting landscape, generative AI has emerged as a powerful ally, offering automation, analysis, and the ability to turn regulatory chaos into clarity. But the question remains: can GenAI truly transform compliance without introducing new risks? According to Alex Mercer, Head of […]
Sanctions Compliance Enters a New Era: Experts Urge AI Adoption and Unified Programs
As global financial institutions navigate increasingly complex geopolitical risks, the enforcement of sanctions is undergoing a transformative shift. At the recent Sanctions Convergence event, organized by Quantifind and Protiviti, experts from government, finance, and technology industries outlined the future of sanctions compliance. Their consensus: institutions must adopt faster, smarter, and more adaptable frameworks to keep […]
Asset Managers Face Mounting Pressure to Strengthen Sanctions Compliance
Asset management firms are under increasing scrutiny to uphold strict sanctions compliance, as failure to do so could lead to severe financial penalties and reputational damage. A growing emphasis is being placed on screening investors—particularly high-net-worth individuals—not only during onboarding but throughout the entire client relationship. According to Moody’s, any direct or indirect connection to […]
Mastercard and Pay4You Partner to Streamline Corporate Tail Spend with Virtual Cards
Global payments giant Mastercard has entered into a strategic partnership with European B2B payments platform Pay4You to transform how companies manage their tail spend—those often-overlooked, low-value, high-volume transactions that typically account for around 20% of corporate expenditure. Announced via FF News, the collaboration will integrate Mastercard’s Virtual Card Network (VCN) technology with Pay4You’s specialized platform […]
Asset Managers Embrace Proactive Compliance Amid Regulatory Pressures
The asset management industry, known for its cautious approach and collective decision-making, is undergoing a quiet transformation in how it handles compliance, particularly in fund marketing. Traditionally, firms have been reluctant to act independently, preferring to move in unison when regulations tighten or competitors take the first step. This reactive behavior has often led to […]
Global Tax Reforms Force Multinational Firms to Rethink Intercompany Financing
Amid mounting geopolitical tensions and regulatory shifts like the OECD’s BEPS 2.0 initiative, multinational corporations are being forced to reassess how they structure intercompany financing. The traditional models of centralized treasury hubs and tax-efficient structures are increasingly under scrutiny, as governments worldwide tighten their grip on cross-border financial flows. LSEG has highlighted how recent trends—especially […]
