Company News

Publishing assessment of value statements is bound to become a headache for asset management...

UK authorities are enforcing stricter reporting rules for the asset management industry. But navigating the regulations can be tricky.

Controversial Clearview AI reveals its entire client list has been stolen in a breach

Someone has stolen Clearview AI’s full client list as the facial recognition software company is still reeling from the backlash of having scraped public pictures from social media platforms.

Pioneering FinTech VC house QED Investors hits $350m final close for oversubscribed Fund VI

From: AltAssets FinTech venture capital pioneer QED Investors has hit a $350m final close for its oversubscribed sixth flagship fund. “When Frank Rotman and I founded QED...

Metro Bank is rolling back its expansion plans after last year’s financial chaos

UK high street challenger bank Metro Bank has scaled back its expansion plans in the fallout of the accounting error that stripped £900m off from its value.

New study into harassment in the FinTech industry backed by Revolut, Innovate Finance and...

Accusations of sexism and toxic workplace cultures have repeatedly been levied against the FinTech industry. Now, a new study will look into how big the problem really is.

PayFit unveils a new receipt capture feature

French FinTech PayFit has been busy since raising €70m in 2019, which is evident by its latest release.

Foxquilt continues Canadian expansion efforts

Foxquilt, which builds communities to improve insurance experiences, has released its services in more Canadian states as part of its 2020 expansion plan.

The Reserve Bank of New Zealand taps SIA for new banking infrastructure

New Zealand’s central bank and SIA, the payment services and infrastructures company, have replaced two separate platforms with a new solution.

FCA admits embarrassing “mistake” that saw it reveal confidential information of 1,600 consumers

The British financial watchdog that fines businesses for failing to keep their own customers’ data safe has accidentally revealed 1,600 consumers data.

Zurich Insurance releases new cyber insurance solution with CYE

Zurich Insurance Group has established a new cyber protection offering in partnership with cybersecurity firm CYE.

News Stories

CIBC backs Sayari with $40m to boost global commercial risk intelligence operations

CIBC backs Sayari with $40m to boost global commercial risk intelligence operations

Sayari, a counterparty and supply chain risk intelligence platform, has been granted an undrawn $40m revolving credit facility by CIBC Innovation Banking.
Key Carbon secures funding from Marex to bolster clean energy initiatives in Africa

Key Carbon secures funding from Marex to bolster clean energy initiatives in Africa

Key Carbon, a permanent capital vehicle dedicated to building a diverse portfolio of high-integrity carbon credit streams and royalties, has announced a strategic partnership with Marex Group.
The rising value of SDG-linked carbon credits in market pricing

The rising value of SDG-linked carbon credits in market pricing

New findings from BeZero Carbon, a leading global carbon ratings agency, underscore a burgeoning trend in the carbon market: credits linked to the United...
Wealth managers struggle to meet clients’ technology expectations

Wealth managers struggle to meet clients’ technology expectations

Investors are increasingly likely to move away from wealth managers who fail to implement modern technological solutions.
Klarna’s buy now pay later lands on Adyen’s payment terminals globally

Klarna’s buy now pay later lands on Adyen’s payment terminals globally

Klarna, the AI-powered global payments network and shopping assistant, has partnered with Adyen to launch flexible payment methods on physical payment terminals across Europe,...

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