Company News

The NGFS Data Directory, an initiative led by major financial institutions including the BIS Innovation Hub Singapore Centre, the MAS and the Bank of France, aims to fortify the global financial sector against the burgeoning threat of climate change.

Next-generation payments provider Sokin has launched its digital payments wallet in India, a market that generates a huge $87bn in remittances per year.

Edge security and content deliver firm Akamai Technologies is set to purchase micro-segmentation company Guardicore for a total of $600m.

Identity and authentication solution developer SecureKey Technologies will release real-time phot-ID verification services through Onfido deal.

Magic, a Wallet-as-a-Service (WaaS) provider, has recently successfully secured $52m in a strategic funding round.

Cider Security, an application security startup, has emerged from stealth with $6m in seed funding and $32m from a Series A raise.

Swedish credit refinancing firm Anyfin has secured €44.8m in a funding round led by New York-based FinTech Collective.

In the days of COVID-19, branding could be the thing that helps FinTech companies survive. The world could be entering a potential financial market meltdown. As insurance companies, incumbents and InsurTechs, look to survive, branding could be key to survival and social media might be the holy grail.

AntChain has teamed with Intel to develop a privacy-preserving computing platform designed for machine learning applications.

In August, financial institutions must meet a deadline for a MiFID II update that focuses on sustainability and harmonises environmental, social and governance aspects (ESG) in the investment space. everyoneINVESTED concept manager Laurent Lamblin outlines how this change could impact investing.