Company News

By Miles’ co-founder launches new InsurTech By Bits

Pay-per-miles car insurance tech startup By Miles' co-founder has launched a new usage-based InsurTech named By Bits.

Official warns too much Russian money is being laundered in the UK

One of the UK's top officials fighting money laundering has warned that a "disturbing" amount of Russian money is being funnelled through the country.

How will Brexit affect wealth management regulations?

Brexit could change the realities of wealth management and how WealthTech companies can navigate the new realities is something Zaliia Gindullina, head of business development at Kidbrooke, discussed in a recent podcast.

Napier to supply AML and CFT services to Australia Post

London-based intelligent compliance technology developer Napier has been chosen by Australia Post to support its anti-money laundering (AML) and counter-terrorism financing (CTF) services.

Insider dealer ordered to pay £3.9m

Having been found guilty of inside trading in June 2019, a former day trader has now been ordered by Southwark Crown Court to pay £3.9m via a consent confiscation order.

MoneyGram teams up with Checkout.com for Visa collaboration

Cross-border transactions company MoneyGram has expanded its Visa debit card deposit service across Europe in a new collaboration with Checkout.com, Europe's most valuable privately owned FinTech.

Why the 34 FinTech rounds raised last week paint a bittersweet picture for cybersecurity...

InsurTech and cybersecurity companies were among the 34 FinTech companies that raised money last week, but Covid-19 continues to haunt the industry.

Navis Capital Partners invests in Moneythor

Digital banking solution Moneythor has raised a new funding round from investor Navis Capital Partners.

Finqware closes €500,000 in seed funding round

Romanian FinTech Finqware has netted €500,000 in a seed round led by Elevator Ventures.

Paymob Smart Payments among the ten companies in the new Techstars Hub71 Accelerator programme

Smartphone and contactless payment platform Paymob Smart Payments is among the companies to join the new Techstars Hub71 Accelerator programme.

News Stories

85% of banks rely on ESG ratings for financial strategy, reveals CDP report

A recent report from CDP has illuminated the growing centrality of ESG ratings in the strategic frameworks of financial institutions (FIs).
AI

How AI is driving transformation in the financial services space

Since the onset of AI adoption, the financial services market has been rapidly adjusting to new opportunities and challenges posed by the technology. As...
Bank of London

The Bank of London announces leadership overhaul with Stephen Bell as CEO

The Bank of London, a rapidly growing financial institution, today announced a significant leadership transition.

The high cost of cybersecurity breaches on corporate reputation

Cybersecurity breaches pose a grave threat not only to immediate data security but also to the long-term reputation and financial stability.

IFC launches ClimaLab to bolster climate risk management in European FIs

The International Finance Corporation (IFC) has launched ClimaLab, a comprehensive initiative designed to empower European financial institutions in effectively managing climate-related risks.

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