FCA fines HSBC £6.2m over customer treatment failures
The FCA has fined HSBC, HSBC Bank and Marks and Spencer Financial Services plc (HSBC) £6.2m for their inadequate treatment of customers facing financial difficulty.
How can RegTechs deal with the industry talent shortage?
The RegTech industry has been going from strength-to-strength over the last few years, with more eyes on it than ever before.
Digital bank Simple to close
Challenger bank Simple is shutting down, according to parent company BBVA USA, which acquired the company in 2014.
GeoX teams up with Sompo to deploy AI-based underwriting
GeoX, which supplies geospatial data to insurers, has partnered with P&C insurer Sompo Holdings to develop AI-based automated underwriting platforms.
13 FinTech startups from Y Combinator’s latest batch to take note of
Seed accelerator Y Combinator has just announced its latest batch of startups. And there are some FinTech ventures that piqued our interest.
HSBC UK introduces Carbon Insights tool within mobile banking app for small business owners
HSBC UK has rolled out a new Carbon Insights tool within its acclaimed mobile banking app, HSBC Kinetic.
Cross-industry organisation OpenSSF snaps up $5m
The Open Source Security Foundation, has recently snapped up $5m in new funding and made two new key appointments.
RegTech comapny Konsentus acquires Open Banking Europe S.A.S.
Konsentus, an Identity and regulatory checking service provider, has completed the acquisition of Open Banking Europe S.A.S. from PRETA.
NordPass and Cowbell Cyber team up to boost “cyber hygeine”
Password manager NordPass Business has partnered with Cowbell Cyber, an AI-powered cyber insurance provider for small to medium enterprises (SMEs).
Onpay to support payroll for farmers through new Xero deal
OnPay, a payroll services provider for SMEs, will supply customers of accounting software company Xero with improved back-office tools, through a new strategic partnership.
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