Chinese hackers breached US pipelines between 2011 and 2013, joint advisory reveals
An advisory by the FBI and the Cybersecurity and Infrastructure Security Agency (CISA) has revealed Chinese state-backed hackers breached 13 US pipelines between 2011 and 2013.
Bank of England pledges to take action after report reveals poor racial diversity
Ethnic minority applicants for Bank of England jobs are less likely to be hired or promoted and more likely to receive smaller bonuses and were afforded fewer opportunities for career progression than their white colleagues, a review has found.
FinTechs use market alliances to offer leading savings products, research finds
Research by Investec has found FinTechs use partnerships with larger financial services companies to offer market-leading savings products to their clients.
Paris-based Spendesk bags €100m to help finance firms in Europe with spend management
Spend management platform for finance teams Spendesk raised €100m in Series C funding, bringing its total funds raised to €160m.
Will Smith, Jared Leto bet on Titan, valuing the startup at $450m
Investment management platform Titan raised $58m in a funding round led by venture capital giant Andreessen Horowitz's cryptocurrency fund, with participation from celebrities Kevin Durant, Odell Beckham Jr, Jared Leto and Will Smith.
Jay-Z-backed Ethos bolsters unicorn status with SoftBank investment
US life insurance firm Ethos has secured a $2.7bn valuation after a $100m investment from SoftBank Group.
Insurtech firm Kin enters merger to go public on NYSE
US InsurTech Kin plans to merge with Omnichannel Acquisition – a special purpose acquisition company – to go public on the New York Stock Exchange (NYSE).
Capchase reels in $280m for its alternative financing platform and newly launched BNPL solution
Non-dilutive capital provider for recurring revenue businesses, Capchase raised an additional $280m in new debt and equity funding led by i80 Group, less than seven weeks after a $125m round.
Currencycloud highlights the rise and evolution of invoice finance
Cross-border payment technology developer CurrencyCloud has recently posted a blogpost detailing the ‘rise and evolution’ of invoice finance.
EU plans to end cryptocurrency anonymity as part of AML plan
The European Commission has said it intends to end anonymity in cryptocurrencies and introduce a new anti-money laundering (AML) agency to crack down on financial crime.
© FinTech Global © Copyright 2024. All rights reserved.
