Azimo integrates with Facebook Messenger
International money transfer startup Azimo in integrating its service into Facebook Messenger to allow senders and receivers to connect through the social network of 1.65bn users.
Floww nets $6.7m in seed funding
Data-driven investor marketplace Floww has raised $6.7m in a seed funding round led by angel investors and friends.
Outgo emerges from stealth with $3.4m for freight carriers
Outgo, an all-in-one banking solution for freight carriers, has emerged from stealth with $3.4m in funding.
Accenture picks eight FinTech startups for its FinTech Innovation Lab Asia-Pacific programme
FinTech Innovation Lab Asia-Pacific is IT company Accenture’s mentorship programme for new ventures innovating in the financial sector. It just announced that only eight candidates have been selected to take part in the latest batch.
BBVA launches financial crime prevention unit to aid customer protection
BBVA, a leading Spanish banking group, has recently unveiled its new global financial crime prevention unit.
CredPal raises $1.5m to scale the platform
Nigerian FinTech CredPal has secured $1.5m in funding to build the "American Express of Africa".
Most critical infrastructure sectors hit by ransomware attacks in 2021
The FBI’s Internet Crime Complaint Center (IC3) revealed it received 649 complaints of ransomware attacks that had targeted critical infrastructure organisations last year.
Paychex launches cyber liability product
Paychex has launched cyber liability protection which will help companies with costs from data breaches, hackers, ransomware and banking fraud.
Cybercrime’s toll on global business to skyrocket to $10.5tn by 2025
Despite threats posed by the emergence of new technologies such as AI, global business leaders' focus on cyber risk seems to be waning.
FinTechs urge the FCA to pull the plug on big banks’ data dominance
The Coalition for a Digital Economy (Coadec) has urged the UK's top financial regulator to make open banking truly open in 2021 and to "break" banks' dominance.