Company News

Praxent

Robin Smith takes on Chief Revenue Officer role at Praxent

Praxent, a financial services digital consultancy, has expanded its leadership by ushering in Robin Smith as Chief Revenue Officer. Smith, an enthusiast of FinTech and...
How fake data can help machine learning

How fake data can help machine learning

When experimenting with new machine learning models, a major hurdle is finding data. hyperexponential senior model developer Jonathan Bowden has explained how ‘fake data’ can be used to validate ideas for potential models.

Why RegTechs must be ready for a second coronavirus wave

A second wave of the coronavirus threatens to sweep across the world, presenting the RegTech industry with several new challenges.

CISA director Easterly eyes more preparatory approach to dealing with cybercrime

Cybersecurity and Infrastructure Security Agency (CISA) director Jen Easterly has said she wants the CISA to focus on preparing for hacks instead of just managing the fallout.
Crux

Sustainable finance start-up Crux clinches $4.25m seed extension

Pioneering a new era in sustainable finance, Crux has successfully procured $4.25m in a rapid seed extension round.

Findity receives SEK102m backing from Creades

Swedish investment firm Creades has invested SEK102m in FinTech firm Findity to become the company’s largest owner.

HSBC unveils new risk scenario tool to support risk and trading teams

HSBC has introduced the Risk Advisory tool, a solution aimed at helping the management of credit more efficiently for risk and trading teams.
Recoop-Insurity-disaster-recovery-insurance

Recoop and Insurity bolster disaster recovery offering

Recoop Disaster Insurance and Insurity, a provider of cloud-based software for insurance carriers, brokers, and MGAs, have launched a cloud-based customer platform.
Andalusia

Andalusia Labs’ $48m Series A fuels expansion and new Abu Dhabi HQ

Andalusia Labs, a blockchain security solutions firm, has raised $48 million in a Series A funding round, achieving a valuation of $1 billion.

57% of big corporates experienced significant impact from illicit activity in 2020

Big corporates around the world are still impacted by heavy illicit activity, with over half of respondents in a new survey stating a significant impact during 2020.

News Stories

FinTech

Another strong week for FinTechs with 26 deals recorded

FinTech Global reported on another powerful week in the FinTech sector, with a total of $783m raised across 26 deals.   This top performing deal...
FutureMoney launches micro-investing app to help families secure financial future

FutureMoney launches micro-investing app to help families secure financial future

FutureMoney, a FinTech company founded by industry veterans, has launched a new micro-investing platform aimed at helping families build generational wealth.
Camwood and Pentaho team up to enhance data analytics capabilities

Camwood and Pentaho team up to enhance data analytics capabilities

Camwood, a leading IT consultancy specialising in digital evolution through the lens of applications, has partnered with Pentaho, a subsidiary of the Japanese multinational conglomerate Hitachi, to bring its data analytics platform to market via a new managed services offering.
Erste Bank Hungary introduces innovative flight delay insurance with Companjon

Erste Bank Hungary introduces innovative flight delay insurance with Companjon

Erste Bank Hungary has launched Flight Delay Insurance, a new service available to its customers in the George app.
Dwolla partners with Visa to enhance account verification in pay by bank

Dwolla partners with Visa to enhance account verification in pay by bank

Dwolla, a leading U.S.-based account-to-account (A2A) payment solution provider, has announced a strategic collaboration with Visa, a world leader in digital payments.

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