Wasabi eyes global expansion following $112m Series C
Hot cloud storage company Wasabi has raised $112m from a Series C funding round led by Fidelity Management & Research Company.
FinScience, TietoEVRY partner to provide ESG scoring through investment platform
Users of TietoEVRY’s WealthMapper platform will now be able to see Environmental, Social and Governance (ESG) scores across their investment portfolios.
Chinese associations call for crypto crackdown citing safety concerns
Three Chinese associations have called for a complete ban on financial institutions and payment firms providing cryptocurrency services to customers.
Belgian Interior Ministry reveals two-year long cyberattack of its network
Belgium’s Federal Public Service (FPS) Interior has claimed it has suffered a ‘complex, sophisticated and targeted cyberattack’ to its IT system.
Fintech Working Group taps Boston for new financial innovation hub
The Massachusetts Fintech Working Group is set to launch a new FinTech innovation centre aimed at making the most of the states’ tech-heavy economy.
China bolsters regulatory oversight with new data security law
China National People Congress (NPC) has passed its first data security law aimed at strengthening the government hand over the data produced and stored in the country.
TrueLayer unveils Verification API to simplify onboarding process
UK open banking platform TrueLayer has launched a new Verification API to make the onboarding process for its customers easier.
Report finds branch-based banking may become obsolete within five years
A report published by Temenos has found that 65% of global banking executives believe branch-based banking will be ‘dead’ within a five-year period.
Cyber insurance market to exceed $20bn value by 2025, report finds
A report by GlobalData has found the cyber insurance industry is predicted to exceed a $20bn gross written premium (GWP) value by 2025.
Research anticipates quantum computing boom in financial services by 2026
A report has found that sales of quantum computers and related services to the financial services industry will total $450m by 2026.
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