Company News

HKMA gives four banks a digital banking licence

The Hong Kong Monetary Authority (HKMA) has granted four virtual banking licences under its Banking Ordinance.

Finastra releases new reporting tool for SFTR

Finastra has released a new reporting tool tailored specifically for Securities Financing Transaction Regulation (SFTR).

Palo Alto to acquire IoT security company Zingbox in $75m deal

IoT security company Zingbox has been acquired by global cybersecurity firm Palo Alto Networks in a deal worth $75m.

Yes, there’s still sexism in the financial cybersecurity space and this is what can...

Aldermore Bank’s chief information security officer reveals what it is like to be a woman in the cybersecurity space and discusses the launch of an initiative to tackle its lack of diversity.

FinTech companies dominate LinkedIn’s list of startups people want to work for

Challenger banks and other FinTech startups are among UK professionals' top choices to work for.

Criminals stole over $1.65m from German bank OLB by cloning customer debit cards

Oldenburgische Landesbank (OLB) has fallen victim to Brazilian criminals who cloned credits cards and then cashed out.

Allied Irish Banks taps nCino to provide its new operating system

One of Ireland’s Big Four banks has picked cloud banking system company nCino to provide its new bank operating system.

Is the rapid growth of Germany’s FinTech sector a sign of it becoming EU...

Germany’s FinTech sector has been steadily growing over the past six years, but investment levels have sky-rocketed in 2019, is this the foreshadowing of the power shift from the UK to Germany post Brexit?

European banks could save up to €10m a year with improved KYC processes

A European bank which serves 10 million customers could save up to €10m annually and avoid fines if they improve technology behind know your customer (KYC) processes, study from Mitek and Consult Hyperion states.

Railsbank closes $10m Series A funding round to expand into Singapore

RegTech and open banking platform Railsbank has raised $10m in its latest investment round.

News Stories

US takes the gold for FinTech deals this week - Here are this week's 36 deals

US takes the gold for FinTech deals this week – Here are this week’s...

It was a strong week for US-based FinTech companies, with 17 securing fresh capital this week.  Aside from the US dominating the week for deals,...
Deutsche Bank and BASF initiate pioneering ESG finance programme in Asia

Deutsche Bank and BASF initiate pioneering ESG finance programme in Asia

Deutsche Bank has unveiled BASF’s inaugural sustainability-linked payables finance programme in Asia, concentrating on its operations in China.
PureFacts secures major investment from GrowthCurve

PureFacts secures major investment from GrowthCurve

PureFacts Financial Solutions, a renowned provider of revenue management solutions tailored for the investment sector, recently announced a significant development.
Tuum and ComplyAdvantage join forces to enhance compliance and operational efficiency

Tuum and ComplyAdvantage join forces to enhance compliance and operational efficiency

Tuum is a next-generation core banking platform, has partnered with ComplyAdvantage, a financial crime intelligence platform that offers AI-driven risk data and fraud detection technology to a global client base.
Wisedocs bags $4.5m from CIBC to streamline insurance claim reviews with AI

Wisedocs bags $4.5m from CIBC to streamline insurance claim reviews with AI

Wisedocs, an innovative leader in the InsurTech sector, recently received a significant financial boost. CIBC Innovation Banking has extended $4.5m CAD in growth capital financing.

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