Company News

Cloud-based communications company Cloud9 Technologies has bagged $17.5m in a new investment round as it moves to meet the demand for flexibility for financial firms.

Cross border payment company MoneyGram has inked a strategic partnership with Al Rajhi Bank, an Islamic bank.

Public investment platform for the space industry Spaced Ventures is said to have picked up a pre-seed round.

Crypto startup Seaquake has reportedly raised an undisclosed amount in a seed round led by SOSV, the venture capital firm.

Spanish and Portuguese CaixaBank has signed an agreement with IBM Services to accelerate its hybrid cloud journey and to strengthen the bank's capability to develop innovative and digital-first solutions.

UK challenger bank Monzo is facing new setbacks as it is reportedly going to cut 120 jobs.

The digitalisation efforts the insurance industry is seeing as a result of the coronavirus pandemic is not new, it’s just accelerating an existing trend, according to a recent webinar.

Money laundering in global financial markets is like “whack-a-mole”, when you stop one scheme, another just pops up, according to Daniel Nisman, the head of financial sector solutions at web intelligence company Cobwebs.

Signifyd has launched its Authorization Rate Optimization solution, a new tool which will help online retailers maximise conversion rates and protect themselves from fraud.

Barclaycard Payments has formed a new deal with fraud prevention company Kount to improve its fight against fraud.