Company News

fraud

From AI to pig butchering: The alarming rise of payment fraud in 2024

Visa's Biannual Threats Report has unveiled the increasingly sophisticated threats posed to consumers and businesses globally. In the face of these challenges, Visa's Chief...

Xempus inks $70m in Goldman Sachs-led Series D

InsurTech Xempus has bagged $70m in funding from a Series D financing round led by Goldman Sachs Asset Management.

UK to invest £5bn in cyber unit to perform retaliatory cyberattacks

The UK will invest £5bn into the creation of a Cyber Force unit that will strike back on cyberattacks with retaliatory hacks.
Bit2Me

Spanish digital asset firm Bit2Me clinches €14m funding

Bit2Me, a Spanish digital asset company registered with the Bank of Spain, recently announced a closing investment of €14 million.

Pilatus Bank owner Ali Sadr Hasheminejad found guilty of breaching US sanctions on Iran

Ali Sadr Hasheminejad, owner of Maltese Pilatus Bank, has been found guilty of crimes breaching US sanctions against Iran and for money laundering offences.
+Simple, a European insurance distribution platform for small businesses, has announced the acquisition of OM Suscripción de Riesgos, a Spanish underwriting agency specialising in surety insurance and owned by Grupo Morera y Vallejo.

+Simple acquires OM Suscripción to boost Spanish insurance market presence

+Simple, a European insurance distribution platform for small businesses, has announced the acquisition of OM Suscripción de Riesgos, a Spanish underwriting agency specialising in surety insurance and owned by Grupo Morera y Vallejo.

Tesla Insurance expands in the US

Austin, Texas-based Tesla has revealed plans to expand its auto insurance offering in two more states in the US, Oregon and Virginia.

US and European expansion on the horizon for Futora following $6m raise

Israeli FinTech startup Futora has secured $6m in funding to fund product development and build out its sales processes in Europe and the US.
ESG

Embedding ESG risk into the ERM framework

In a recent article by ViClarity’s Donal Lawlor, the company discussed the impact of ESG on the Chief Risk Officer (CRO).

ESMA relaxes MiFID II communication monitoring enforcement due to coronavirus

The European Securities and Markets Authority (ESMA) has relaxed video communication monitoring requirements under MiFID II during the COVID-19 (coronavirus) pandemic.

News Stories

Experian and Paylink unveil debt consolidation solution to boost financial accessibility

Experian and Paylink unveil debt consolidation solution to boost financial accessibility

Experian, a global leader in consumer and business credit reporting and marketing services, partners with Paylink, a forefront provider of affordability software and payments solutions.
Mitigram and Fides join forces to revolutionise global trade finance

Mitigram and Fides join forces to revolutionise global trade finance

Mitigram, a global leader in digital trade finance, has announced a strategic partnership with Fides, the industry-leading provider of multibank connectivity solutions.
Approveit secures $1m in funding to enhance its payment automation software

Approveit secures $1m in funding to enhance its payment automation software

Approveit, an operations and automation platform for businesses, has successfully raised $1m.
Validus partners with HSBC for $50m facility to boost SME lending in Indonesia

Validus partners with HSBC for $50m facility to boost SME lending in Indonesia

Validus, headquartered in Singapore, has announced a new partnership with HSBC, establishing a $50m debt facility aimed at bolstering financial inclusion for micro, small, and medium enterprises (MSMEs) in Indonesia.
BillEase secures Series C funding led by TPG's The Rise Fund to enhance Filipino financial inclusion

BillEase secures Series C funding led by TPG’s The Rise Fund to enhance Filipino...

BillEase, a digital consumer finance platform in the Philippines, has announced a significant milestone in its growth trajectory.

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