Company News

ANZ

ANZ slapped with A$236m in fines and repayments

Australia and New Zealand Banking Group (ANZ) has been ordered to repay A$211m to customers and has been fined A$25m.

Backbase to help Vantage Bank Texas deliver personalised banking experiences

An almost 100-year old US bank has tapped Backbase to help it update its systems for the digital age with the FinTech firm's digital banking platform.

Contractors who fail to report breaches can be sued under new US DOJ initiative

A new initiative will allow US government contractors to be accountable in a civil court if they fail to report breaches or maintain required cybersecurity standards.

ECB stress test reveals potential climate peril for European banks

A climate stress test by the European Central Bank (ECB) has found firms based in areas most open to physical risk could see their creditworthiness impacted by climate change.
Wib

CyberTech Wib bags $16m to accelerate growth

Wib, a cybersecurity firm focused on API security, has landed $16m in a funding round led by Koch Disruptive Technologies.

Why Australian challenger bank Xinja stopped opening new Stash accounts

Xinja’s high interest Stash accounts are popular. So why did the challenger bank stop opening them?

ComplyAdvantage extends AML program to US and Canadian FinTechs

Financial crime detection firm ComplyAdvantage has expanded its anti-money laundering (AML) program ComplyLaunch to help FinTech startups in the US and Canada.

Amazon moves into UK business insurance market with Superscript deal

Retail giant Amazon will begin offering insurance to UK SMEs through a partnership with broker Superscript.
Virtualness

Virtualness lands $8m in seed financing raise

Virtualness, a US-based provider of a mobile-first platform to help navigate the Web3 space, has scored $8m in seed funding.

BIO-key International secures $30m contract

BIO-key International, a biometric software and hardware solution developer, has secured a $30m contract to supply its authentication services to Technology Transfer Institute of Africa (TTI).

News Stories

Stripe and Lemon Squeezy merge: A new era for seamless digital sales

Stripe and Lemon Squeezy merge: A new era for seamless digital sales

Stripe, a global leader in payment processing, has announced its acquisition of Lemon Squeezy, a platform known for simplifying the sale of digital products. This strategic move is set to enhance Stripe's capabilities and extend its reach in the digital marketplace.
Clearpool Prime debuts on Arbitrum, originates $18m in institutional loans

Clearpool Prime debuts on Arbitrum, originates $18m in institutional loans

Clearpool, a trailblazer in decentralized finance (DeFi) credit protocols, has recently made significant strides by launching on Arbitrum.
Propel Holdings secures upsized $330m credit facility to boost consumer

Propel Holdings secures upsized $330m credit facility to boost consumer

Propel Holdings, known as a trailblazer in the FinTech sector, recently announced a significant expansion to its syndicated credit facility.
Philippines' Hive Health boosts SME health access with $6.5m funding

Philippines’ Hive Health boosts SME health access with $6.5m funding

Hive Health, a pioneering digital health insurer based in the Philippines, has completed a $6.5m Pre-Series A funding round, supported by an impressive consortium of global and local investors.
GeoWealth secures $18m in growth investment with BlackRock leading the charge

GeoWealth secures $18m in growth investment with BlackRock leading the charge

GeoWealth, a Chicago-based turnkey asset management platform (TAMP) and FinTech innovator, has successfully closed a significant funding round.

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