Company News

UK-based Coupay secured £200,000 pre-seed funding from SFC Capital and angels including serial entrepreneur Will Wynne of Smart Pension, Arena Flowers and Trulience in a bid to help small businesses get from sales to cash faster.

US nuclear weapons contractor Sol Oriens has revealed it has suffered a ransomware cyberattack allegedly by the REvil ransomware group.

Zeidler Group, technology-driven law firm, entered into a research partnership with Legal Innovation Lab Wales within the Hillary Rodham Clinton School of Law, Swansea University to leverage automation in legal practices.

A study by the Bank for International Settlements (BIS) has discovered the introduction of central bank digital currencies (CBDCs) may lead to greater foreign exchange controls.

Israel-based predictive AI fraud protection company nSure AI raised $6.8m in seed funding led by DisruptiveAI, Phoenix Insurance, AXA-backed venture builder Kamet, Moneta Seeds and private investors.

Swedish buy now pay later (BNPL) juggernaut Klarna has launched its Comparison Shopping Service (CSS) in 21 markets across Europe.

Sales tax solution built specifically for software-as-a-service (SaaS) businesses Anrok raised $4.3m in a seed funding round co-led by Index Ventures and Sequoia Capital.

The People Bank of China (PBOC) has revealed it will begin quarterly assessments of the green finance performance of 24 major Chinese banks starting 1 July this year.

Payment giant Stripe goes beyond its payment products, launches Stripe Identity, an identity verification system for online businesses as a means of reducing fraud, preventing account takeovers and stopping bad actors.

China National People Congress (NPC) has passed its first data security law aimed at strengthening the government hand over the data produced and stored in the country.