Company News

SEC rewards three whistleblowers for helping stop securities fraud

The US Securities and Exchange Commission (SEC) has financially rewarded three individuals for submitting a tip which alerted the regulator to fraud scheme targeting retail investors.

Ant Financial is considering applying for a digital banking licence in Singapore

Jack Ma’s FinTech company Ant Financial Services Group is looking into making a play for one of the digital banking licences Singapore has put up for grabs.

PCKT Money picks Nets for five-year card processing contract

In its efforts to boost financial literacy, PCKT Money has tapped payments company Nets to provide its card processing and API services.

E-commerce platform Shopblocks is eyeing US expansion after £500,000 investment

FinTech startup Shopblocks has raised a £500,000 funding round as it is looking to increase its international footprint.

Robots are replacing the 18,000 staff members Deutsche Bank has sacked

Deutsche Bank has so far replaced 680,000 hours of manual work through automation after announcing a massive restructuring effort earlier this year.

Northzone closes $500m fund to invest into FinTech startups

The venture capital firm that has supported FinTech success stories like Klarna, Qapital and MarketFinance is gearing up to support another round of startups.

Swedish sites unable to sell stuff online as e-commerce platform Litium fails to provide...

Electricity outage in Stockholm could have caused millions of lost revenues for Swedish online shops.

Why are KYC solutions becoming so important?

Knowing who you are dealing with is increasingly becoming a major focus for financial firms. Investment in the RegTech space has grown tremendously since 2014....

GDPR has created a booming industry in the US

The General Data Protection Regulation (GDPR) was first enforced in May 2018. Since then, it seems as if the European data privacy law has created a thriving industry stateside.

CAH Holdings reveals it has fallen victim of a hack attack

Debt securities issuer CAH Holdings has announced it has suffered a data security incident involving some employees' email accounts.

News Stories

Strong week in the FinTech sector with $1.7bn raised

FinTech Global this week reported on 21 recorded deals in the FinTech sector, with a strong showing in the reinsurance space bringing the total value recorded over $1bn.

EU regulator suggests revamp in sustainable investment rules

The ESMA has recently recommended a significant overhaul of the Sustainable Finance Disclosure Regulation (SFDR) within the EU.
MNT-Halan, Egypt’s largest non-bank financial institution and FinTech, has acquired Tam Finans, a prominent commercial finance company in Turkey.

MNT-Halan expands into Turkey with acquisition of Tam Finans

MNT-Halan, Egypt’s largest non-bank financial institution and FinTech, has acquired Tam Finans, a prominent commercial finance company in Turkey.

EU banks and insurers lag in green compliance, PwC study finds

A recent PwC study has uncovered a striking deficiency in the alignment of financial institutions’ activities with the EU's taxonomy for sustainable activities. According...
India

India’s new climate finance taxonomy to propel green transition

India is poised to implement a climate finance taxonomy, as announced by the Minister of Finance, Nirmala Sitharaman, during the annual budget.

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