Sentinels makes first partnership with a B2B payments company
Transaction monitoring platform Sentinels has formed a deal with TerraPay, marking its first partnership with a B2B payments and remittance company.
FinTechs can make £1m more in revenue from outsourcing, Moorwand report finds
A report by payments solution provider Moorwand has detailed that FinTechs who outsource to partners can generate almost £1m in additional revenue.
AI-driven South African InsurTech Naked draws in $11m to further digitalise the market
Naspers, through its early-stage tech investment vehicle Naspers Foundry, led a $8.3m investment in Naked, an InsurTech company that offers a digital way for consumers to insure their cars, homes, and valuables.
How can financial institutions transform their adverse media screening?
A recent whitepaper by Celent has provided financial institutions (FIs) with tips on how to bolster their adverse media screening coverage to combat financial crime.
How can retail banks win in the battleground with BigTech companies?
BigTech companies have changed customer expectations forever. With customer experiences at the forefront of their operations, consumers now seek the same level of simplicity and personalisation everywhere. Financial institutions have a tough road ahead to match these services, but they can learn from BigTech companies.
Debunking the cybersecurity myths putting your business at risk
Cyberattacks are an ever-increasing threat in the FinTech world and cybersecurity has become a top priority for most large businesses. However, SMEs mistakenly believe in the myth that their risk is low, therefore becoming a prime target for cybercriminals.
EBA launches consultation on role, responsibilities of AML/CFT compliance officers
The European Banking Authority (EBA) has issued a consultation on the role, tasks and responsibilities of anti-money laundering and counter-terrorism financing officers.
Significant cyberattack shuts down Covid-19 vaccine portal in Lazio
The operations of a Lazio-based Covid-19 vaccination registration system have been brought to a standstill after a cyberattack shut down its system.
Ransomware attacks climb dramatically in first half of 2021
A mid-year report by internet security company SonicWall has found the number of ransomware attacks in H1 2021 has already outperformed the entire year of 2020.
Rapyd snares $300m Series E to accelerate growth and acquisitions
US payments network Rapyd has secured $300m from a Series E funding round led by Target Global.