Company News

Over 50% of consumers fear using biometrics for online payments

More than half of consumers are worried about shifting to biometrics for authenticating online payments, a study from Paysafe claims.

Plaid launches into UK market, with sights set on Europe expansion

US-based open banking platform Plaid has launched its services into the UK, with plans to deploy across the rest of Europe.

Insurers need to move away from just a contract and provide a real service

Building an on-demand insurance solution which provides a service rather than a ‘contract’ is how the space will evolve, according to a panel at the Global InsurTech Summit 2019.

FCA extends deadline for notifications for temporary permissions regime

The UK’s Financial Conduct Authority has extended the deadline for notifications of the temporary permissions regime (TPR) until 30 October 2019.

Deutsche Bank reportedly fails to report suspicious transactions involving Donald Trump

Deutsche Bank has come under fire for failing to inform federal financial crime watchdogs in regard to suspicious transactions involving Donald Trump and his son-in-law Jared Kushner.

HKMA warns customers of online security after several reports of fraud

The Hong Kong Monetary Authority (HKMA) is warning consumers to be wary of suspicious small transactions, following rise in fraud.

Equifax Canada joins Verified.Me to ease customer onboarding

Equifax Canada will work with SecureKey Technologies to help Canadians verify their identities with trusted service providers.

The EU supervisory authorities launch consultation on reporting technical standards

The three European Supervisory Authorities have launched a consultation on draft Implementing Technical Standards (ITSs).

VC-backed payment card issuer Marqeta nears $2bn valuation through Series E round

Venture capital-backed payment card issuing platform Marqeta has hit a valuation of almost $2bn through a Series E funding round.

Raisin enters US market hot off the heels of $114m Series D close

Germany-based European savings and investment marketplace Raisin has entered the US market just months after closing its $114m Series D.

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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