Company News

Westpac’s chairman and CEO to step down amid AML scandal

Australian bank Westpac will see its CEO Brian Hartzer step down next week as the lender is facing money laundering and terrorism financing allegations.

Consumers demand better insurance buying experiences, Duck Creek reveals

There is strong demand from global consumers for more proactive, personalised engagement from carriers, brokers and insurance agents, particularly when claims have occurred, according to research delivered by Duck Creek Technologies.

Illumio bolsters unicorn status with Thoma Bravo-backed $225m Series F

Cybersecurity company Illumio has grown its valuation to $2.75bn after it raked in $225m in a Series F funding round.
G7

G7 leaders back ISSB’s sustainable and climate-related reporting standards

G7 leaders convened at a summit reiterating their commitment to the Paris Agreement's goal of limiting global temperature rise to 1.5°C.

Customers can now use voice commands to find insurance on Samsung devices

Online life insurance broker Quotacy has joined Samsung’s Bixby Marketplace as a developer partner.

Everspan branches out for home and auto insurance in the US

Everspan Insurance Company has partnered with Branch Financial, which uses data, technology, and automation to make home and auto insurance simpler and less expensive, to expand Branch’s footprint in the US.

Bari Bank introduces credit and debit card for children

Italian digital bank Bari Bank has introduced a debit and credit card supplied with pre-set funds for children and teenagers.
FATCA

How can firms navigate FATCA and CRS reporting?

Ensuring compliance with CRS and FATCA can often feel like navigating a regulatory maze fraught with potential pitfalls, claimed MAPFinTech.

Visa signs on four new partners to help FinTech companies issue plastic and digital...

Episode Six, Euronet Worldwide, Global Processing Service (GPS) and M2P Solutions (YAP) have been handpicked by Visa to help create new opportunities for Asian FinTech companies.

Shares unveils social investing app following $40m Series A

Social and investing app Shares has launched its first product following the closure of a Series A funding round that raked in $40m.

News Stories

Solid week for FinTech deals with 28 recorded

A total of $459m was raised across all the FinTech deals that were recorded this week by FinTech Global.  Leading the way of all the...
Paystand spearheads zero-fee B2B payments network expansion into Canada

Paystand spearheads zero-fee B2B payments network expansion into Canada

Paystand, renowned for its blockchain-enabled B2B payments, is extending its zero-fee network to Canada, enhancing the scope of its services beyond the initial limited offering since 2018.
Hex Trust joins forces with Grass to revolutionize AI data collection

Hex Trust joins forces with Grass to revolutionize AI data collection

Hex Trust, a prominent digital asset solution provider catering to institutional finance and the Web3 ecosystem, has announced a strategic partnership with Grass.
Avaloq and Zürcher Kantonalbank launch innovative digital asset service

Avaloq and Zürcher Kantonalbank launch innovative digital asset service

Avaloq has introduced its cutting-edge digital asset platform at Zürcher Kantonalbank (ZKB), one of Switzerland's premier banking institutions, in collaboration with Fireblocks.
Barq and Mastercard collaborate to transform payment technology in Saudi Arabia

Barq and Mastercard collaborate to transform payment technology in Saudi Arabia

Barq, a pioneering FinTech startup from Saudi Arabia, has joined forces with the global financial services giant, Mastercard.

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