TheCityUK, Toronto Finance International sign MoU to support FinTech growth
TheCityUK and Toronto Finance International, two bodies supporting the development of financial technology services, have renewed their Memorandum of Understanding (MoU). The agreement supports the...
Bluesnap settles $10M FTC lawsuit over fraudulent payment processing
A recent FTC settlement has thrust payment processing company BlueSnap into the spotlight, as it agreed to pay $10m to settle a lawsuit over its alleged involvement in processing payments for "deceptive and fraudulent" companies.
Majority of UK retail investors are focusing on sustainable funds, study finds
A Kana Earth study has found 65% of UK retail investors are more likely to invest in funds that provide more carbon footprint information.
Orchard bags $69m in Series C round
PropTech Orchard has secured $69m in Series C round led by Revolution Growth to fund the expansion of its services.
How FinTechs can build an effective compliance programme
A recent panel discussion led by Clausematch focused on a key, hot-button topic in FinTech right now: how can high-growth firms build effective compliance programmes?
90% of US consumers want added security measures on mobile transactions, study finds
A study from Entersekt has found 90 per cent of US consumers value additional security measures when completing mobile transactions.
Nudge Security secures $16.5m funding to tackle SaaS security challenges
Nudge Security has recently announced the successful closure of its seed funding round, bringing in a total of $16.5m.
Australian firm Fivecast secures $20m in Series A
Fivecast, an open-source intelligence software firm, has closed its Series A funding round and has raised $20m.
Swedish Financial Supervisory Authority penalises SEB with $112m fine for AML failings
The Swedish Financial Supervisory Authority (SFSA) has given Nordic bank SEB with a SEK1bn ($112m) administrative fine after failings in its anti-money laundering efforts.
JBA launches flood model for more effective risk pricing
JBA Risk Management has launched a UK flood model to better inform flood risk management. The model has predicted that one in four UK properties are at risk of flooding.