Company News

Bank of England issues letter to banks on regulatory reporting shortfalls

The Bank of England (BofE) has sent a warning letter to banks and building societies for not supplying correct information to help regulators identify risks to the financial system.
Axa

Central Bank of Ireland fines Axa €3.6m

The Central Bank of Ireland (CBI) has fined the European life and pensions unit of Axa €3.6m for several regulatory breaches.

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.
Nudge

Nudge Security secures $16.5m funding to tackle SaaS security challenges

Nudge Security has recently announced the successful closure of its seed funding round, bringing in a total of $16.5m.

GioBot launches to transform how crypto traders operate

Xalles Holdings has teamed up with Aktary Enterprises to launch cryptocurrency trading solution GioBot to capitalise on the market opportunity.

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.
MetaMask

PayPal links with ConsenSys MetaMask to boost Ethereum access

US-based users of MetaMask will be able to purchase Ethereum from within the PayPal app after PayPal partnered with Web3 firm ConsenSys.

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?
malware

Mobile banking malware sees 32% surge over 2023

The realm of digital finance has witnessed an uptick in mobile banking malware, with a 32% increase in 2023, contrasting the trends in 2022.

Laminar emerges from stealth to pick up $32m Series A

Cloud data protection provider Laminar has secured $32m from a Series A funding round headed by Insight Partners.

News Stories

Visa reinvents account-to-account payments with enhanced consumer protections

Visa reinvents account-to-account payments with enhanced consumer protections

Visa has unveiled a new initiative, Visa A2A, set to transform the landscape of account-to-account (A2A) payments by enhancing consumer control and protection.
Sedric AI clinches $18.5m to pioneer AI compliance solutions in FinTech

Sedric AI clinches $18.5m to pioneer AI compliance solutions in FinTech

Sedric AI, a leading innovator in AI-driven compliance solutions for financial institutions, announced today that it has successfully secured $18.5m in Series A funding.
European software firm SecureFlag bags significant funding from Copilot Capital

European software firm SecureFlag bags significant funding from Copilot Capital

Copilot Capital, a pioneering private equity firm dedicated to nurturing the growth of European software companies, has announced a significant majority investment in SecureFlag, a dynamic software company known for its cutting-edge cybersecurity training solutions.
Fido raises $30m to boost financial inclusion in East and Southern Africa

Fido raises $30m to boost financial inclusion in East and Southern Africa

Ghana's fintech innovator, Fido, recently bolstered its financial capacity with a significant $30m Series B funding round.
Upsolve secures $4.2m Gates Foundation grant to launch financial counselling AI for low-income Americans

Upsolve secures $4.2m Gates Foundation grant to launch financial counselling AI for low-income Americans

Upsolve, renowned as the nation's top nonprofit financial education platform, has recently secured a substantial grant to further its mission.

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