Company News

India’s YES Bank will leverage Microsoft’s cognitive services to power its AI-enabled chatbot YES ROBOT, in new partnership.

HackNotice, a company that enables employees to identify and defend against cyber threats, has bagged $7m in a Series A round.

The Financial Conduct Authority has obtained High Court approval to return £3.42m to compensate victims of a series of unauthorised deposit taking and collective investment schemes.

Arthur J. Gallagher & Co has snapped up Hartley Cylke Pacific Insurance Services, a San Diego-based retail insurance broker.

Facebook’s cryptocurrency project has already faced a lot of concerns from lawmakers. Now, the U.S. Treasury warns the social media giant that it must conform with American regulations to trade in the US.

Carbon Bank, a credit-led Pan-African digital bank has launched a new buy now, pay later (BNPL) web app. 

Tanzania-based NALA Money has partnered with global identity verification provider Veriff to improve secure access to financial services.

This week saw the FinTech sector flounder compared to seven days ago, as the space failed to meet the $1bn mark in deals completed.

The Australian senate is creating a select committee to examine issues like open banking as well as policy settings for the FinTech and RegTech sectors.

CapIntel, a FinTech that strives to improve day-to-day workflow and fund analysis for financial advisors, has raised $11m in Series A funding led by New York-based FinTech Collective.