Company News

UniCredit reveals a 2015 security breach that affected three million clients

Italian lender UniCredit has announced that it has uncovered a data breach involving private data about three million of its customers.

Greensill has bagged another $655m from SoftBank

SoftBank tapped into its gigantic Vision Fund for a second time this year to support Greensill, the business financing company. Having already secured $800m from...

The Woodford scandal reveals the need for RegTech compliance solutions, MirrorWeb argues

Neil Woodford was considered a star fund manager until his career abruptly ended in a flurry of bad market bets and calls for stricter regulations of the financial industry.

How the protection gap in the life insurance space was created?

The fragmented and non-scalable nature of the life insurance distribution sector has caused a massive protection gap, according to Anorak co-founder and CEO David Vanek.

The Australian banking sector is expected to spend AU$18.5bn on tech in 2020

FinTech is changing banking Down Under and next year might see the sector reach new heights, according to research firm Gartner.

GIACT launched new identity monitoring solution gIDENTIFY

Identity verification RegTech GIACT has launched, gIDENTIFY Persistent Monitoring, a new identity monitoring solution that automates the monitoring of specific personally identifiable information (PII).

Regulators must punish traditional and challenger banks harsher to avoid IT failures, Treasury committee...

British lawmakers have had enough of banks’ IT problems and urge regulators to become stricter in the future, punishing those that fail to live up to expectations.

Jumio Go is a new tool to verify identities in a smooth way

After partnering up with TSB Bank earlier this year, Jumio is now announcing its latest identity-verification tool.

Identity checking startup Zamna raises $5m

Zamna, the blockchain-powered identity-checking startup, has raised $5m in a seed round led by venture capital firms LocalGlobal and Oxford Capital.

Nearly 50% of wealth managers to close if digital transformation is ignored – Nucoro

Just over half of the companies in the wealth management sector will still be around in 10 years-time if they fail to innovate digitally, according to new research from B2B solution developer Nucoro.

News Stories

Unpacking the major regulatory fines and decisions impacting Fintech in 2024

Q2 2024 marked a notable period in financial regulatory actions, with a significant increase in fines from $10.5 million in Q1 to $16.5 million.

How UK pension funds could become front-runners in climate investment

LCP has outlined proposals that could reshape the investment landscape for UK pensions, potentially unlocking $1.3tn in funds for climate-centric initiatives. According to Environmental...

SBTi aims for net-zero with new draft standard for financial institutions

The SBTi is advancing its efforts towards a sustainable future with the recent unveiling of its consultation on a new draft standard specifically for financial institutions.

Men more likely to fall victim to romance scams while women lose more

Barclays is alerting the public to an increase in romance scams this summer, as shown in their latest Scams Bulletin.

InvestorHub bags $4m in fresh capital to disrupt capital markets

Direct-to-investor marketing platform InvestorHub, has secured $4m in an extension funding round spearheaded by EVP.

120,000+ FinTech leaders get exclusive industry stories delivered every week

Download the free AIFinTech100 report

FREE

Download the AIFinTech100 report for 2024 with details on each solution