Company News

Will the UK remain a FinTech leader after Brexit?

The UK is a hotbed for FinTech innovation and investment. However, as Brexit draws closer, some fear that will no longer be the case.

Allevo teams up with WSO2 to provide PSD2 compliant open banking solution

Financial software provider Allevo and open source integration vendor WSO2 have partnered up to deliver an open banking solution in Romania.

AlgoTrader, Avaloq partner to support digital asset management ecosystem

Algorithmic trading software AlgoTrader and core banking software developer Avaloq have teamed up to build a global digital asset management ecosystem.

Paysend hits one million customers as the FinTech startup plans to roll out new...

Paysend, the UK-based card-transfer business, has reached one million customers for its global transfers service.

Skuld to integrate Quest Marine to reduce risk

Marine insurance provider Skuld will integrate Concirrus’ behaviour-based data analytics platform Quest Marine through new partnership.

Increasing number of millennials falling victim to fraud scams

Number of millennials falling victim to scams designed to trick people into handing over cash to fraudsters is rising more than any other age group, according to a study from Lloyds Bank.

Payments unicorn Revolut is opening a new centre in Portugal

Revolut has announced plans to open a customer operation centre in Porto, Portugal. The move will create 400 new jobs, according to the payments app.

Reserve bank of India pushes back KYC deadline, again

The Reserve bank of India (RBI) has reportedly extended the deadline for prepaid payment instruments (PPIs) to be compliant with KYC rules.

OneConnect to offer products in Europe through finleap deal

OneConnect, an affiliate of Ping An Insurance, will offer its FinTech software-as-a-service (SaaS) to the European market via finleap in a new partnership.

North Korea denies UN cryptocurrency hacking allegations and compares the accusers to Hitler

Last month, a UN report claimed North Korea had hacked banks and cryptocurrency exchanges. Now, the country denies it. The report claimed that Pyongyang’s nuclear and...

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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