Women held to higher standards across financial services compared to male counterparts, research finds
Women struggled more if they did not perform consistently well compared to their male counterparts due to bias, social norms and sexism, a new report by Women in Banking and Finance found.
Coinbase-backed crypto trading firm Amber Group hits unicorn status after fresh funding
Cryptocurrency trading firm Amber Group has entered unicorn status with $100m Series B round led by China Renaissance.
Hellas Direct snares €32m in EBRD-backed funding round
Greek insurance firm Hellas Direct has raised $32m in funding round supported by the European Bank for Reconstruction and Development (EBRD).
US introduces first cyber czar to bolster government response to cybercrime
The United States Senate has confirmed Chris Inglis as the first ever cyber czar for the US government.
Novus collaborates with Visa on sustainable digital banking app
UK-based FinTech Novus has teamed with Visa and Railsbank to develop a mobile application that rewards users for purchasing sustainably.
JP Morgan buys robo-advisor Nutmeg to spearhead UK retail banking expansion
JP Morgan Chase has bought British digital wealth manager Nutmeg as part of the US bank's expansion into the UK retail banking and investment market.
German open banking firm Finleap Connect bags €22m Series A
Open banking platform Finleap Connect has secured €22m from a Series A funding round led by SBI Investment.
Govia Thameslink Railway teams up with Quantexa to pull the brakes on rail fraud
Data and analytics software company Quantexa has partnered with UK rail firm Govia Thameslink Railway (GTR) to help stem the rising tide of rail fraud and double down on serial scammers.
FCA issues warning on cryptoassets being risky investment as ownership increases
UK's Financial Conduct Authority (FCA) found that while people are increasingly investing in cryptoassets and no longer think of it as a gamble, they should be "prepared to lose all their money."
Bamboo Insurance takes over First American Property and Casualty Insurance Agency in $22m deal
Insurance company Bamboo Insurance has acquired certain of the assets of title insurance, settlement services and risk solutions provider First American Property and Casualty Insurance Agency (FAPCIA) from parent company First American Financial Corporation.