Company News

Capital on Tap launches credit card for small businesses in the US

European digital B2B lender Capital on Tap has partnered with WebBank to launch a business credit card for SMBs in the United States.
crypto

UK mandates crypto exchanges to report sanctions breaches

Updated guidance from the Treasury’s Office of Financial Sanctions Implementation (OFSI) has revealed crypto exchanges must report sanction breaches in the UK.

Financial services firm PCI fined $1.5m by CFTC for failing to prevent and alert...

The US Commodity Futures Trading Commission (CFTC) has slammed the financial services firm Philip Capital Inc. (PCI) with a $1.5m fine for letting hackers compromise the company's systems and for failing to disclose the hack to customers.
ABN

ABN AMRO backs SET Ventures with significant investment for green tech growth

ABN AMRO Corporate Investments, a division of the Dutch bank ABN AMRO, has recently made a strategic investment in SET Fund IV.

The European Supervisory Authorities release joint Q&A for EMIR

The European Supervisory Authorities published three joint questions and answers on bilateral margin requirements under the European Markets Infrastructure Regulation (EMIR).
Recoop-Insurity-disaster-recovery-insurance

Recoop and Insurity bolster disaster recovery offering

Recoop Disaster Insurance and Insurity, a provider of cloud-based software for insurance carriers, brokers, and MGAs, have launched a cloud-based customer platform.

Challenger bank Penta flexes its muscles by attracting over 10,000 customers

Berlin-based neobank Penta has past the significant 10,000 business customers milestone.
Mimecast

Mimecast expands security portfolio with acquisition of Elevate Security

Mimecast, known for its advanced email and collaboration security solutions, has recently announced the acquisition of Elevate Security.

Zego releases two insurance products for moped and e-bike fleets

London-based InsurTech Zego has launched two new flexible insurance products aimed at moped and e-bike fleets in the UK.
renminbi

What is the difference between onshore and offshore renminbi?

With China now being the world’s second largest economy, the renminbi has become a currency of great interest and value. What are the differences between onshore and offshore renminbi?

News Stories

Solid week for FinTech deals with 28 recorded

A total of $459m was raised across all the FinTech deals that were recorded this week by FinTech Global.  Leading the way of all the...
Paystand spearheads zero-fee B2B payments network expansion into Canada

Paystand spearheads zero-fee B2B payments network expansion into Canada

Paystand, renowned for its blockchain-enabled B2B payments, is extending its zero-fee network to Canada, enhancing the scope of its services beyond the initial limited offering since 2018.
Hex Trust joins forces with Grass to revolutionize AI data collection

Hex Trust joins forces with Grass to revolutionize AI data collection

Hex Trust, a prominent digital asset solution provider catering to institutional finance and the Web3 ecosystem, has announced a strategic partnership with Grass.
Avaloq and Zürcher Kantonalbank launch innovative digital asset service

Avaloq and Zürcher Kantonalbank launch innovative digital asset service

Avaloq has introduced its cutting-edge digital asset platform at Zürcher Kantonalbank (ZKB), one of Switzerland's premier banking institutions, in collaboration with Fireblocks.
Barq and Mastercard collaborate to transform payment technology in Saudi Arabia

Barq and Mastercard collaborate to transform payment technology in Saudi Arabia

Barq, a pioneering FinTech startup from Saudi Arabia, has joined forces with the global financial services giant, Mastercard.

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