Company News

A report by Chainalysis has found illicit addresses received $14bn in deposits during 2021, which was almost twice the amount they collected in 2020.

Online payment solution PayPugs has teamed up with Verifo is expand its banking and payment possibilities.

A new blogpost by Currencycloud has underlined how the coronavirus pandemic and the restrictions put in place due to it has led to the massive growth of digital remittances.

Payments-as-a-service company Finexio has bagged $10m from an oversubscribed funding round.

Deutsche Bank has been fined €8.6m by BaFin due to weaknesses relating to controls of Euribor, the Euro Interbank Offered Rate benchmark used in the financial industry.

With every new variant of Covid, the end of the pandemic continues to move further into the distance. These past two years have shown the cruciality of digital services, and firms no longer have a choice to avoid it if they want to stay successful. The trouble is, where does a firm start?

Vietnam’s first digital bank Timo has secured $20m from a funding round led by venture capital firm Square Peg.

Socotra, a cloud-native core platform for insurers, is partnering with Avolanta to help insurers launch innovative products and seamless digital experiences for brokers, agents, and customers.

Duck Creek Technologies has entered into a partnership with global information services company Experian to serve the UK insurance market.

InsurTech NY has opened the application window for its third annual InsurTech Early-Stage Competition.