T-Mobile confirms data breach after 100 million customers compromised
T-Mobile has confirmed it has suffered a data breach after hackers obtained records of up to 100 million of its customers and is offering to put them up for sale.
Fenergo acquired by European private equity firms in $600m deal
Irish RegTech firm Fenergo has been successfully acquired by private equity firms Astrong and Bridgepoint in a $600m agreement.
Napier deploys its transaction monitoring technology into crypto payment company
Napier, a supplier of advanced anti-financial crime compliance tools, has implemented its AI technology into cryptocurrency payments service BCB Group, to improve anti-fraud capabilities.
Nearly £2bn lost annually by online retailers due to lack of available payment methods
A survey by Merchant Advice Service has found over £1bn is lost every year by online retailers due to a lack of available payment methods.
LendInvest lands ?150m Barclays, HSBC partnership to aid UK property market
PropTech company LendInvest has secured a partnership with banking giants HSBC and Barclays that will funnel ?150m into the UK property space.
Hapi unveils app to help parents provide nest egg for children
UK FinTech startup Hapi has launched a new app that is designed to aid parents in planning and investing for their children’s future.
Paysafe to acquire SafetyPay in $441m all-cash deal
Specialised payments platform Paysafe has bolstered its payments footprint after it signed an agreement to purchase ecommerce payments company SafetyPay for $441m in cash.
MTN, Sanlam partner to expand insurance cover offering in Africa
South African telecommunications giant MTN has teamed with financial services business Sanlam to provide insurance products to subscribers of MTN in Africa.
CBIRC demands insurance company self-checks in management crackdown
The China Banking and Insurance Regulatory Commission (CBIRC) has called on online insurance firms to conduct self-assessments to identify violations and make corrections.
Personalised credit startup Keebo reels in £5m ahead of October launch
London-based challenger credit card FinTech, Keebo has closed £5m in a seed equity funding round to provide a personalised credit line for consumers.
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