Company News

SteelEye unveils communications suite to support FinTech compliance

UK RegTech firm SteelEye has launched a suite of communication compliance tools to help financial companies access record-keeping and oversight tools.

Consumers still prefer leaving open-banking in the hands of banks, according to Mobey Forum...

Big banks are more trusted by consumers to provide open-banking solutions than third-party providers. However, a new survey suggests it might be changing. Mobey Forum,...
Qatar World Cup

Visa to unveil face payments at Qatar World Cup

Visa is set to use the upcoming FIFA World Cup in Qatar to introduce face payments technology and instantly-issued prepaid cards with animated art.

EBA finalises EEA bank supervisory reporting cost study

The European Banking Authority (EBA) has completed its study of the cost of compliance of European Economic Area (EEA) banks with the supervisory reporting requirements.

Red Balloon to improve security with NHA ATMs

Red Balloon Security is to help Nautilus Hyosung America (NHA) enhance security for its retail ATMs.
MoU

UK and Singapore sign FinTech-focused MoU

The UK and Singapore have signed a Memorandum of Understanding focused on strengthening FinTech trade and cooperation between the two nations.

DNA Payments secures £100m capital influx following Alchemy deal

UK FinTech DNA Payments has raked in £100m after it signed an agreement with private equity firm Alchemy Partners.

Digital payments to rise 70% in five years

Usage of digital payments in Europe is expected to rise by 70% in the next five years, as the global e-commerce landscape becomes worth $6.9trn.

India’s anti-money laundering act has been amended to allow for more KYC options

The Indian Prevention of Money Laundering Act (PMLA) has been changed to allow more flexibility for people to prove that they are who they say they are.
Cashplus

Cashplus unveils business credit card for SMEs

Cashplus Bank, a digital SME bank, has officially launched a next-generation credit card functionality for small businesses and sole traders.

News Stories

US-based CyberTech companies dominated this week's FinTech funding

US-based CyberTech companies dominated this week’s FinTech funding

it was a strong week for US-based CyberTech companies, accounting for eight of the total 26 FinTech deals covered this week.  In total, FinTech Global...
Realm.Security secures $5m in seed funding to streamline cybersecurity data management

Realm.Security secures $5m in seed funding to streamline cybersecurity data management

Realm.Security, a startup tailored for cybersecurity, has stepped out of stealth mode and announced a $5m seed investment spearheaded by Accomplice and Glasswing Ventures.
Fora Financial boosts liquidity with a record $126.9m asset-backed securitization

Fora Financial boosts liquidity with a record $126.9m asset-backed securitization

Fora Financial, a prominent FinTech company providing financial solutions to small and medium-sized businesses (SMBs), announced today the closure of its third and largest asset-backed securitization (ABS) valued at $126.9m.
Novatus Global bolsters RegTech prowess with $40m investment

Novatus Global bolsters RegTech prowess with $40m investment

Novatus Global, a London-based leader in regulatory technology, has announced a significant growth investment of $40m from Silversmith Capital Partners, a growth equity firm located in Boston.
Ledgebrook's innovative push in InsurTech garners $17m Series B funding

Ledgebrook’s innovative push in InsurTech garners $17m Series B funding

Ledgebrook, the rapidly growing InsurTech firm, has successfully closed a $17m Series B funding round.

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