PassFort teams with Refinitiv to create digital KYC for challenger firms
RegTech company PassFort has partnered with financial market data firm Refinitiv to establish a digital know-your-customer (KYC) solution for challenger institutions.
HKMA reprimands four Asian banks due to AML abuses
The Hong Kong Monetary Authority (HKMA) has disciplined four banks due to anti-money laundering (AML) violations for a total imposed penalty of HKD$44.2m.
US banks required to report major cyber cases in 36 hours under new law
A new US law set to be introduced in May next year will require banks to report major cybersecurity incidents to federal officials within 36 hours.
Over a quarter of global firms bled more than £1m to financial crime in...
A recent whitepaper by KYC and AML software providers Themis and Encompass Corporation has found financial services’ companies worldwide lost over £1m due to financial crime deficiencies last year.
Swiss Re, Baidu partnership to put breaks on autonomous driving risks
Zurich-based reinsurance company Swiss Re?has partnered with Chinese tech giant Baidu to provide risk management expertise and insurance products for Baidu autonomous driving business.Autonomous...
Kettle secures funding to extend California wildfire insurance safety net
Reinsurance startup Kettle has snared $25m in Series A funding to expand insurance coverage for those affected by wildfires in California.
Experian snaps up InsurTech, PayTech firms in $353m acquisition sweep
Credit rating agency Experian has acquired insurance aggregator Gabi and digital payments business PagueVeloz for a combined sum of $353m.
James Corden-backed Imprint lands ?38m from Series A funding haul
Branded payments company Imprint has secured ?38m from a Series A funding round backed celebrity James Corden and payment giant Stripe.
Zumo eyes decarbonised crypto sector through new purchase pilot program
Crypto wallet and payment platform Zumo has unveiled a pilot renewable energy purchase program aimed at making the crypto sector more sustainable.
Credit Suisse backs FinTech Kafene in $75m financing haul
FinTech company Kafene has scored $75m in debt and equity funding as it looks to scale its market footprint across the US.
© FinTech Global © Copyright 2024. All rights reserved.
