Company News

DiPocket secures €6m investment

UK-based FinTech DiPocket has secured €6m investment from GB & Partners Investment Management, which saw the investor take a majority stake in the cashless payments company.

Starling Bank reaches profitability as it eyes European expansion

UK-based neobank Starling has just cut even and expects to remain profitable as it plans to roll out its services across Europe.

SEC votes to simplify financial disclosure requirements

A top financial markets watchdog has voted to adopt amendments that will modernise, simplify and enhance certain financial disclosure requirements in Regulation S-K.

US regulators attempt to make it easier for banks to tackle risk

Major US financial markets watchdogs have issued a joint fact sheet to make it easier for banks to tackle risks when it comes to charities and non-profit organisations.

Forter cements unicorn status on the back of $125m Series E round

Fraud fighting RegTech Forter has raised $125m in Series E funding and has achieved a $1.3bn valuation in the process.

Game of coins: How Maisie Williams makes bitcoin investments

Bitcoin's valuation soared to impressive heights this week and one of the people considering taking advantage of it was Game of Thrones star Maisie Williams.

Omniscience launches new tool for customer intelligence

Omniscience, life insurance automation software, has released a new customer intelligence service to improve underwriting decisions.

The FCA confirms updated guidelines to support credit customers through the pandemic

A City watchdog has confirmed that it has updated the guidance to support and protect vulnerable customers during the coronavirus crisis.

Chipper Cash picks up $30m in raise backed by Jeff Bezos

Just a few months after its latest raise, Chipper Cash has now added another $30m to its coffers in a raise backed by Jeff Bezos' private VC fund Bezos Expeditions.

Juni bags €2m in seed funding

Swedish FinTech Juni has secured €2m in a seed round led by venture capital firm Cherry Ventures.

News Stories

On July 19, 2024, cybersecurity giant CrowdStrike issued a routine software update. However, this time things went terribly wrong. The update, which was meant to enhance security, ended up causing major disruptions across industries worldwide. The faulty software quickly wreaked havoc on IT systems reliant on Microsoft's operating system, with insurance firm Parametrix estimating $5.4bn in damages were done to Fortune 500 companies alone. Jeff Heine, Chief Revenue Officer of Novidea delved into why this calamity underscores the need for modern, sophisticated insurance management systems.

Why the CrowdStrike outage highlights a need for modern insurance management systems

On July 19, 2024, cybersecurity giant CrowdStrike issued a routine software update. However, this time things went terribly wrong. The update, which was meant to enhance security, ended up causing major disruptions across industries worldwide. The faulty software quickly wreaked havoc on IT systems reliant on Microsoft's operating system, with insurance firm Parametrix estimating $5.4bn in damages were done to Fortune 500 companies alone. Jeff Heine, Chief Revenue Officer of Novidea delved into why this calamity underscores the need for modern, sophisticated insurance management systems.
Paymob

Paymob secures $22m to bolster digital payment infrastructure in MENA

Paymob, a trailblazer in the MENA financial services sector, has recently announced a substantial $22m extension to its Series B funding, culminating in a robust $72m total for the round.
Optalitix, a specialist in insurance and finance software, has raised $3m in a follow-on fundraising round led by its existing investor, Calculus Capital.

Optalitix secures $3m funding to drive insurance software innovation

Optalitix, a specialist in insurance and finance software, has raised $3m in a follow-on fundraising round led by its existing investor, Calculus Capital.
Flagright

Flagright welcomes First Digital as customer to enhance AML FinTech compliance

RegTech firm Flagright has welcomed First Digital Trust, known as First Digital, as its newest customer. 
Data

ESG Data & Solutions introduces ESGSure to transform ESG research

ESG Data & Solutions, a key firm in the environmental, social, and governance  sector, has introduced its latest innovation, ESGSure.

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