Company News

Just one in ten managers understand the extent of the Federal Family and Medical...

Worryingly, only 11% of manager understand the extent of the Federal Family and Medical Leave Act (FMLA), potentially leaving businesses open for law violations.

Lunar Way selects Nets to support its payments

Danish challenger bank Lunar Way has selected Nets to deliver all its payment services.
ABAX

ABAX, Eir and Greater Than link to redefine motor insurance through data

ABAX, a telematics firm, has unveiled a groundbreaking triad partnership with driver crash probability company Greater Than. Central to this collaboration is the mission to...

Institutional investors spend an average of $1.3m annually related to ESG data

Institutional investors are spending an average of $1.3m annually to collect, analyse and report climate data to inform their investment decisions, according to a study from ERM.

Central Bank of Ireland fines J&E Davy €4.1m for MiFID breaches

The Central Bank of Ireland has fined wealth management firm J&E Davy €4.1m after finding four breaches to MiFID regulations between July 2014 and May 2016.

Seven threats to UK financial services still unsolved before Brexit

The Financial Conduct Authority’s top dog has revealed seven issues the regulator have yet to solve before the UK departs from the EU.
ThinCats

Alternative lender ThinCats lands £700m from British Business Bank initiative

ThinCats has entered a warehouse facility, which is supported by the British Business Bank's ENABLE Guarantee programme.

ESMA publishes report on the Common Supervisory Action

The European Securities and Markets Authority (ESMA) has published a report on the Common Supervisory Action (CSA) on costs and fees for investment funds, that was carried out with National Competent Authorities (NCAs) during 2021.

Brim Financial rakes in $25m through Series B funding round

Canadian FinTech and certified credit card issuer Brim Financial secured $25m in a Series B round co-led by Desjardins Group and EPIC Ventures.

Fraud detection company Advance.ai raises $80m in new funding round

The Singapore-based fraud detection startup Advance.ai has closed a $80m funding round led by private equity investor Pavilion Capital and venture firm Gaorong Capital.

News Stories

Faye secures $31m in Series B funding to elevate travel insurance technology

Faye secures $31m in Series B funding to elevate travel insurance technology

Faye, the trailblazing travel platform, has successfully secured $31m in Series B funding, escalating its total capital to $49m.

Unpacking the major regulatory fines and decisions impacting Fintech in 2024

Q2 2024 marked a notable period in financial regulatory actions, with a significant increase in fines from $10.5 million in Q1 to $16.5 million.

How UK pension funds could become front-runners in climate investment

LCP has outlined proposals that could reshape the investment landscape for UK pensions, potentially unlocking $1.3tn in funds for climate-centric initiatives. According to Environmental...

SBTi aims for net-zero with new draft standard for financial institutions

The SBTi is advancing its efforts towards a sustainable future with the recent unveiling of its consultation on a new draft standard specifically for financial institutions.

Men more likely to fall victim to romance scams while women lose more

Barclays is alerting the public to an increase in romance scams this summer, as shown in their latest Scams Bulletin.

120,000+ FinTech leaders get exclusive industry stories delivered every week

Download the free AIFinTech100 report

FREE

Download the AIFinTech100 report for 2024 with details on each solution