Largest US pipeline operations halted following ransomware attack
Operations at the Colonial Pipeline have been brought to a standstill following a ransomware cyberattack that affected some of its IT systems.
Nuvei bags crypto know-how with Simplex acquisition
Canadian payments company Nuvei has agreed a $250m deal to acquire Israeli FinTech enterprise Simplex.
InvestCloud acquires Advicent to help bridge the advisor-client communication gap
Cloud-based financial solutions developer InvestCloud has acquired Advicent, a provider of cash flow, trust and tax financial planning.
CoreChain reels in $1.25m pre-seed to expand network offering
Business-to-business (B2B) payments network CoreChain Technologies has secured $1.25m from a pre-seed funding round.
Syxsense snares $6m funding as it eyes business expansion
California-based IT and security management solutions provider Syxsense has secured $6m in a funding round.
Revolut adds new capabilities to boost Bitcoin uptake
UK-based FinTech Revolut has introduced new features for users which enable them to transfer funds from Bitcoin holdings to their own digital wallets.
Snapsheet forms strategic partnership with reinsurance firm SCOR
Digital claims management software developer Snapsheet has established a strategic partnership with tier one reinsurance firm SCOR.
Why customer communication management is a top priority for wealth managers
As digitalisation continues to be a priority for firms, they are looking at their customer communication management technology as a critical piece of their infrastructure, according to Doxim vice president of sales, financial services Scott Biel.
Under Armour to pay $9m to settle SEC revenue probe for misleading investors
Sports apparel company Under Armour has settled with the Securities and Exchange Commission (SEC) and agreed to pay $9m in fines related to misleading its revenue growth to investors from the third quarter of 2015 through the fourth quarter of 2016.
Visa-backed Railsbank teams up with Plaid for embedded finance
Banking-as-a-Service platform Railsbank and Plaid have joined forces enabling companies in the UK to instantly accept bank payments within their app or website.