Bank ABC to deploy Jumio’s biometric ID services through new partnership
Jumio will supply its biometric-based identity verification technology to Bank ABC through new partnership.
Cathay Innovation hits €320m first close for Fund II
Cathay Capital's venture capital unit has raised €320m for the first close of its second venture capital fund. The firm said Cathay Innovation is looking...
Singapore and UK authorities team up to conquer cybersecurity
The Monetary Authority of Singapore (MAS), the Bank of England and the Financial Conduct Authority (FCA) have agreed to work together to boost cybersecurity in their financial sectors.
Reserve Bank of India fines HDFC INR 10m for KYC/AML fines
The Reserve Bank of India (RBI) has deployed an INR 10 million ($143,570) fine on HDFC Bank for failing to meet KYC and AML compliance and the reporting of frauds.
FCA reveals results of its investigation into defined benefit scheme transfers
The UK’s Financial Conduct Authority (FCA) has released the results of the data it received from firms carrying out Defined Benefit (DB) transfers and has revealed its next steps in its supervisory work.
Public Pension Capital and FiveW Capital sell Viteos for $330m
Public Pension Capital and FiveW Capital have sold their alternative asset manager-focused FinTech company Viteos to trade-buyer Intertrust for $330m. Viteos provides tech-based middle and...
Target Global leads $42m round for Zego
European venture capital firm Target Global has led a $42m Series B funding round for London-based InsurTech Zego. This latest round brings the company's total raised...
BlockClaim raises £500,000 in Seed round
Artificial intelligence and blockchain-supported InsurTech BlockClaim has raised £500,000 in its seed funding round. Amadeus Capital Partners and Pragmatica, alongside insurance business angels Toby Clarke,...
FCA outlines new rules for the buy now, pay later market
The UK’s Financial Conduct Authority (FCA) has released new rules for the buy now, pay later (BNPL) market, to better protect consumers. With these new...
Lemonade launches into its first European country
Online insurance company Lemonade has launched its services into Germany – the first European country it has released in.
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