Company News

Capital One Financial has been ordered to pay an $80m fine by the Office of the Comptroller of the Currency (OCC) after its data breach in 2019.

In the not-so-distant past, navigating through the bustle of public transport meant holding onto a paper ticket. However, the concept has swiftly become a relic of a bygone era. The transition from traditional paper tickets to e-tickets has resulted in more convenience and efficiency. Apart from reducing the environmental impact, this shift has streamlined the ticketing process, offering passengers instant access through their smartphones or other digital devices, as Scanbot SDK explains.

The CareVoice has launched the first dedicated health benefit and insurance product for startups in China.

Wise, an international payments company, has secured £300m from a syndicated debt facility.

The EU's Alternative Investment Fund Managers Directive (AIFMD) is up for review and the European Securities and Markets Authority (ESMA) has now issued an open letter about the key areas that may need some attention.

U.S. Bank has recently joined forces with Pagaya Technologies, a global leader in AI-powered financial solutions.

The UK’s Home Secretary and Chancellor are chairing a new government taskforce which has been established to work alongside senior figures from the UK financial sector to tackle economic crime.

In an age where the average person now conducts the majority of their payments either online or digitally, the scourge of transaction fraud has become an even bigger threat.

Ilumoni has officially launched its borrower wellbeing app on iOS and Android devices after previously securing ?1.63m in investment since its founding.

FRISS, a developer of fraud and risk solutions for P&C insurance companies, has launched a new international campaign to bring back a “feeling of pride in the insurance industry.”