Zego becomes UK’s first InsurTech unicorn after securing $150m in new round
London-based InsurTech Zego raised $150m in a Series C funding round valuing the company at $1.1bn.
Industry responses to the US’ new Anti-Money Laundering Act 2020
The US Congress passed the Anti-Money Laundering Act 2020 and could be one of the most impactful changes to AML for two decades.
Paytm transforms android phones into contactless card payment machines with new launch
India-based digital payments provider Paytm to allow merchants and retailers use an Android phone as a payments machine for near field communication credit and debit card payment transactions.
Hellenic Bank teams up with Backbase to launch retail banking app
Cypriot bank Hellenic Bank launched new online retail banking platform, built in partnership with Engagement Banking technology provider Backbase.
The European Banking Authority recovers from cyberattack
The European Banking Authority has revealed it was subjected to a cyberattack against its Microsoft Exchange Servers.
Two-thirds of European firms feel let down by banking provider during pandemic
A survey by Parliament Street Think Tank has found up to 66% of SMEs feel they have been let down by their banking provider during the Covid-19 crisis.
Compliance consultancy Complyport updates software to help companies with digital regulation management
Compliance consultant ComplyPortal introduced a new version of its software to help compliance officers and senior management digitally monitor compliance with existing rules and regulations.
TerraPay expands to USA and Canada to ease real-time cross-border payments
Digital payment provider TerraPay will now offer real-time bank payments in the USA and Canada to facilitate better cross border remittances.
The coronavirus has had a positive impact on women working in cybersecurity – a...
The coronavirus pandemic has helped companies grow cybersecurity teams and has positively impacted the careers of women, a new report from Tessian claims.
Central Bank of Ireland fines J&E Davy €4.1m for MiFID breaches
The Central Bank of Ireland has fined wealth management firm J&E Davy €4.1m after finding four breaches to MiFID regulations between July 2014 and May 2016.
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