Udaan raises $585m and hits valuation of up to $2.7bn
Indian business-to-business e-commerce platform Udaan has raised $585m in its latest funding round.
Metro Bank’s chairman and co-founder Vernon Hill is stepping down
Vernon Hill has left Metro Bank as the challenger bank is still in the midst of a crisis caused by a massive accounting error earlier this year.
InsurTech company Sapiens signs partnership with fraud-detection business FRISS
Sapiens International Corporation, a provider of software solutions for the insurance industry, is growing its ecosystem by partnering with FRISS, the automated fraud and risk solutions company.
InsurTech startup TrustLayer has come swinging out of beta by teaming-up with Builder Partnerships
TrustLayer, the automated insurance verification platform, has left stealth and joined forces with Builder Partnerships, the residential construction network.
One in five people think their partner sucks when it comes to money
Money is a big thing when it comes to how well a relationship works, according to new research.
Technology is expected to cost 200,000 people in US banks their jobs in the...
Innovation is rapidly transforming the banking industry, increasingly replacing humans with technology.
FCA slams Prudential with £23.87m fine for “very serious breaches that caused harm” relating...
The Prudential Assurance Company has been fined £23.87m for failing to tell customers about their pension savings options.
Supercapital has entered administration as regulator warns about scams
UK payment services provider Supercapital has entered administration after ceasing to provide any regulated businesses on September 12.
Machine learning will offer huge opportunities for financial services
Innovative machine learning can be a boon for financial services, if they can get over the hype.
Atom Finance closes $10.6m funding round led by General Catalyst
Brooklyn-based investment platform Atom Finance has bagged $10.6m in a Series A round led by General Catalyst, the venture capital firm.