CBIRC calls on banks to aid supply chain finance reforms in China
The China Banking and Insurance Regulatory Commission (CBIRC) has asked banks in China to strengthen risk management in supply chain finance transactions.
United Fintech in third take-over of the year with FairXchange
United Fintech, which enables banks and financial institutions to accelerate their digitalisation efforts, has acquired a 25% stake in London-based FairXchange for an undisclosed...
InsurTech Continuity bags $5m seed to launch AI assistant, expand team
Continuity, a company that uses AI to help insurers bolster underwriting for SMEs, has secured $5m from a seed financing raise.
What are the three key pillars of customer experience?
A recent whitepaper by client data management firm iMeta has underlined three vital pillars of the customer experience journey in financial services.
Why wealth advisors can’t avoid talking to customers
Customer engagement will not only allow wealth managers to nurture loyalty within their customers but can yield strong results by tailoring services to their needs, according to Kidbrooke.
SME PayTech TruePay collects $32m from Series A raise
Brazilian firm TruePay has secured $32m from a financing raise led by venture capital company Addition. being described as one of the largest ever Series A rounds in Brazil.
Crypto PayTech MoonPay secures $555m in highly subscribed Series A
MoonPay, a company that builds payment infrastructure for cryptocurrencies, has closed a Series A financing raise on $555m.
ESMA seeks comments on EMIR clearing thresholds
The European Securities and Markets Authority (ESMA) has launched a discussion paper on EMIR clearing thresholds.
Could Christmas be the death knell for credit card payments?
A recent report by Klarna has found that one in two UK consumers are planning to discard their credit card entirely for Christmas shopping this year.
Cyber firm Shield-IoT secures $7.4m from led Series A
Mass-scale IoT and IIoT network cybersecurity firm Shield-IoT has raised $7.4m from a Series A financing raise.
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