Varo Money edges closer to national banking charter
Mobile banking company Varo Money has received approval from the Federal Deposit Insurance Corporation (FDIC) for deposit insurance, as it moves closer to a national banking charter.
Klarna launches global Consumer Council initiative to essentially get more feedback
Some companies are happy to do just customer surveys to get more feedback. Klarna has taken that idea one step further with its latest initiative.
Accenture to help AXA XL clients respond to cyberattacks
Digital services provider Accenture is providing AXA XL its Cyber Incident Response service to help clients respond and recover from cyberattacks.
Challenger bank N26 is leaving the UK because of Brexit
The UK has officially left the EU. Now, a huge European FinTech company has pulled the plug on its British operations.
Onfido to supply KYC solution to cryptocurrency storage solution Mode
From: RegTech Analyst Digital identity platform Onfido will support the onboarding and know your customer (KYC) processes of UK cryptocurrency banking app Mode. The partnership enables Mode...
How can RegTech create value for clients and their customers?
RegTech is on the rise, but how it creates value is not always clear to people. So a panel at Sthlm Fintech Week tried to answer the question.
How will RegTech evolve in the future?
The financial market is global and constantly dealing with new technologies and weighed down with ever-expanding regulations. So where does that leave the future of RegTech?
Hopeful lovers in Australia lost $28.6m to fraud last year
With valentine’s day just around the corner, people are no doubt going to be using dating and romance apps; however, consumers are warned to be on the lookout for scammers. In Australia, one fifth off all losses involved scams from these services, according to a report from ScamWatch 2019.
Up to 50% of financial crime is fraud or cyber-crime
Up to half of all reported financial crime is either fraud or cyber-crime related and this percentage is growing year on year, according to financial advisor PIMFA.
TotallyMoney launches energy switching platform to help customers save £260 annually
The FinTech-backed energy services are arriving in rapid succession right now. In January, Australian digital bank 86 400 expanded its USP with an energy comparison tool. Now UK FinTech TotallyMoney has launched a service of its own.
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