Jumio, Microsoft enter alliance to support decentralised digital identity service
Identity verification firm Jumio has collaborated with Microsoft to integrate the latter’s Azure Active Directory (AD) verifiable credentials to Jumio’s platform.
European Banking Authority updates benchmarking exercise
The European Banking Authority (EBA) updates its Implementing Technical Standards (ITS) with new internal approaches to benchmarking.
Majesco opens its Distribution Management platform to everyone
Cloud insurance platform Majesco has opened access to its Distribution Management platform to everyone.
The UK increases the contactless payments cap to £100
The UK’s Financial Conduct Authority has again upped the limit of contactless payments, with the cap on single transactions rising from £45 to £100.
Former Microsoft CFO John Connors joins Tractable’s board of directors
Tractable, which leverages AI to improve recovery from accidents and natural disasters, has named former Microsoft CFO John Connors as its latest board of directors member.
BukuWarung has raised another funding round
Indonesian FinTech BukuWarung has raised an undisclosed funding round said to bring the total invested into the Indonesian FInTech to $20m.
Stripe and Max Levchin back Balance’s $5.5m seed raise
B2B payments FinTech Balance has secured $5.5m in seed capital from Stripe, Tal Morgenstern of Lightspeed, and Max Levchin through his SciFi VC.
The UK could up contactless payment limit to £100 post Brexit
The UK could be increasing the contactless payments limit from £45 to £100, as one of its first moves away from the European Union.
Cashplus to acquire icount’s portfolio
Banking and credit service provider Cashplus has signed a definitive agreement to acquire the current account portfolio of icount.
Bofin partners with ComplyAdvantage to mitigate fraud and money laundering risks
UK-based technology marketplace for financial services firms Bofin partnered ComplyAdvantage to lower its risk of financial crimes and money laundering.
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