Company News

The Financial Conduct Authority (FCA) and the Prudential Regulatory Authority (PRA) has slapped TSB with two fines for operational resiliency failures.  

A new US law set to be introduced in May next year will require banks to report major cybersecurity incidents to federal officials within 36 hours.

Nordea and Nets entered into a new agreement, further prolonging their long-term partnership in Finland and Denmark enabling the latter to provide payment services to the financial institution.

Tink has enhanced its leadership team by welcoming Ian Morrin, Andrew Boyajian, and Jack Spiers into new roles within the company.

Toast, a restaurant management company, has released its new loan service which will help eateries access working capital and invest in their growth.

Centbee, a facilitator of digital money payments on the Bitcoin blockchain BSV, has secured $1m in its pre-Series A round.  

Israeli cybersecurity and governance platform Zenity has come out of stealth mode and raised $5m from a seed funding round.

Cyber risk is showing no signs of stopping and the reliance on cloud-based systems makes potential ripple effects vast. It is crucial for the global insurance industry to efficiently measure cyber risk.

Nationwide, a leading insurance carrier, has appointed George Williams to lead its Small Market Commercial Lines business.

The UK’s top financial watchdog has given its thumbs up for a new payment app launched by the former boss of Virgin Money.