US will act on cybercriminals if Russia doesn’t, White House Press Secretary warns
US White House Press Secretary Jen Psaki has warned the Russian government that the US will take action against cybercriminal groups if the Russian government fails to do so.
Fintech acquires cloud-based business intelligence provider STX Business Solutions
Financial Information Technologies, LLC (Fintech), business solutions provider for the beverage alcohol industry has acquired STX Business Solutions.
Wise debuts on the London Stock Exchange, at a valuation of over $11bn
Wise announced its entire share capital of 994 million shares to have been admitted to the standard listing segment of the London Stock Exchange in a much-anticipated debut.
Previse, Pagero partner to support early payment tech roll-out
Instant invoice payment firm Previse has partnered with e-invoicing business Pagero to enable instant, embedded finance to be delivered on the latter’s open business network.
Regulatory trio unveil plan to bolster diversity and inclusion in financial services
The Financial Conduct Authority (FCA), the Prudential Regulation Authority (PRA) and the Bank of England (BofE) has launched a paper aiming to boost diversity and inclusion in finance.
Fingerprint Cards, Morix team to introduce biometric payment card in Japan
Swedish biometrics specialist Fingerprint Cards has partnered with Japanese electronics firm MoriX to develop and launch biometric payment cards in the Japanese market.
Report finds finance teams want greater digital and data sovereignty
A research study by MHR Analytics has discovered finance teams want to have greater control of their own digital and data futures instead of being run by external consultants.
Swedbank, ACI Worldwide alliance aids 55% drop in card fraud
A partnership between Swedish bank Swedbank and payments solutions provider ACI Worldwide has contributed to a 55% drop in card fraud.
Fidelity, BlackRock lead Pine Labs’ $600m funding at $3bn valuation ahead of US IPO
FinTech unicorn Pine Labs closed an investment round of $600m led by Fidelity Management & Research Company and BlackRock Inc.
Financial consortium calls for new social, environmental reporting rules for banks
A financial group has called for the adoption of impact-reporting standards that account for social and environmental factors to speed up a sustainable transition for banks.