Company News

PayPal pulls the plug on PornHub performers’ payments

Thousands of performers on pornography website PornHub have reportedly been cut off from using PayPal’s services.

Pakistan’s central bank is developing a new digital payment systems strategy

In a push to improve financial inclusion, the State Bank of Pakistan has announced it is developing a new national payment systems strategy.

Anonymous 4chan group claims to be gearing up to invest $75m in new cryptocurrency...

Members of the controversial online forum 4chan claim to have joined forces to invest and donate $75m in bitcoin to companies protecting personal data, develop anonymity tools, blockchain and cryptocurrencies.

nCino announces expansion of its bank operating system with new AI-powered addition nIQ

Cloud banking business nCino is expanding its bank operating system with nCino IQ (nIQ), an artificial intelligence and machine learning-based solution to boost the overall customer experience.

UK fraud victims could be left without clear refund options as banks disagree about...

British banks have disagreed on how fraud victims should be compensated, leading to people having fallen prey to bad actors potentially being left with reduced reimbursement options in January.

Corsa Security aims to scale on the back of new $11m investment

Cybersecurity company Corsa Security has just picked up $11m in a new funding round led by Roadmap Capital, the venture capital firm.

Cybrary secures $15m in Series B funding round led by BuildGroup

Having just bagged $15m, cybersecurity company Cybrary is going to use its new financial muscles to hire new staff members to scale its platform.

Is Google’s new checking account service “one of the biggest threats to the banking...

Big tech has pushed into the FinTech space for some time. So what will Google’s new initiative mean for the industry?

Toast to give restaurants access to working capital through new service

Toast, a restaurant management company, has released its new loan service which will help eateries access working capital and invest in their growth.

Singapore regulator slams UBS with $11.2m fine for “unacceptable” deceptive behaviour

UBS has landed it legal hot waters in Singapore after its employees overcharged and failed to be transparent to clients.

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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