Company News

American regulators are cracking down on pay-access apps

Regulators in California, New York and several other US states have launched investigations into new FinTech apps empowering employees to access payment early.

To better combat fraud, financial institutions need a holistic approach – Nets

Financial institutions need a holistic approach to fraud prevention or are in danger of losses spiralling out of control, a new report for payments company Nets.

Alibaba opens its first European store as it’s gunning for Amazon

The Chinese e-commerce giant Alibaba has opened its first European store in Madrid.

B-North partners with nCino and Mambu to build core banking technology

B-North, a UK-based company establishing an SME lending bank, has chosen SaaS banking engine Mambu and bank operating system nCino to provide its core banking technology.

PayPal suspends Ku Klux Klan fundraising account

Payment platform PayPal has removed an account used by the Ku Klux Klan to raise money.

Byhiras selected for SAB’s UK pension scheme

Byhiras, a transparency and accountability platform for investments, has been selected by the Scheme Advisory Board (SAB) for the UK Local Government Pension Scheme (LGPS).

ECB warned Facebook’s Libra cryptocurrency could undermine its ability to set monetary policy

Yves Mersch, a board member of the European Central Bank, has called for Europe to ignore the “treacherous promises” of Facebook’s cryptocurrency Libra. The social...

Trustly to offer payment service on Alibaba e-commerce platform

Online banking payments platform Trustly has partnered with business-to-business e-commerce platform Alibaba.

Philippine boxer and now-senator Manny Pacquiao launches celebrity cryptocurrency

Manny Pacquiao is launching PAC Coin, which he claims is the world’s first celebrity cryptocurrency.

Inter-ministerial committee suggests new Indian FinTech legal framework

A committee on FinTech headed by India’s economic affairs secretary has submitted a comprehensive legal framework about how the sector should be regulated in the future.

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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