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/retail

ANZ completes acquisition of Suncorp Bank

ANZ today confirmed it has completed its acquisition of Suncorp Bank.

/sustainable

RBC embarks on multi-million dollar programme to reduce carbon emmissions at bank branches

While you may not see it, your local RBC bank branch is working towards being powered differently in the coming years.

/crypto

Sygnum posts profits and sets stage for MiCa-compliant expanded EU market entry

Sygnum, a global digital asset banking group with ~$4.5 billion in client assets, today reported that it has reached profitability following a strong H1 2024, with key metrics seeing substantial growth year-to-date (YTD).

/wealth

Wealthify releases new proprietary platform

Savings & investment service Wealthify has today launched its new proprietary platform, which sees the company more than double its in-house capabilities to accommodate its plans to scale and grow the business.

/identity

First Abu Dhabi Bank speeds customer onboarrding with Fenergo

First Abu Dhabi Bank (FAB) and Fenergo announced their partnership in June of 2024 to speed up client onboarding and enhance anti-money laundering (AML) compliance processes for the bank with Client Lifecycle Management (CLM).

/payments

Chronicle and AbbeyCross to build new global FX payment platform

Chronicle Software (Chronicle), specialist provider of low-latency microservices and technology solutions to financial markets service providers, is collaborating with AbbeyCross, the company reducing integration challenges and transparency, compliance and continuity risk in the fragmented FX payments industry, in the co-creation of its innovative ABX Platform.

/identity

Konsentus Verify arrrives on Temenos Exchange

Konsentus today announced that Konsentus Verify, Europe’s leading open banking identity and regulatory checking solution, is now available on Temenos Exchange, the partner ecosystem of integrated fintech solutions.

/retail

Wefox exits German market

As announced in June, wefox has continued to implement its exit from the German insurance market as part of the refocusing of its portfolio on profitable market positions of critical size.

/regulation

Proven Bank deploys Fenergo transaction monitoring to bolster AML compliance

Fenergo, the leading provider of digital solutions for know your customer (KYC), transaction monitoring and client lifecycle management (CLM), today announced that Caribbean-based PROVEN Bank is deploying Fenergo’s transaction monitoring solution to streamline its anti-money laundering (AML) compliance processes.

/startups

Loan synidcation platform iLex closes $7 million pre-Series A round

iLex, a leading fintech developing the next-generation distribution platform for syndicated loans, today announced the addition of $2.5 million to its pre-Series A round.

/crypto

M2 ADGM adds direct bank link for buying and selling cryptocurrencies

M2 ADGM, a virtual asset custodian and a Multilateral Trading Facility regulated by the Financial Services Regulatory Authority (FSRA) located in the ADGM, today announces a new and simplified pathway for UAE residents to buy and sell Bitcoin (BTC) and Ethereum (ETH) through a direct integration with their bank account.

/sustainable

ISS ESG adds industry average emission intensity data set

ISS ESG, the sustainable investment arm of ISS STOXX, today announced a major augmentation of its evolving suite of Climate Solutions, which includes a new Industry Average Emission Intensity data set.