Company News

FjordPhantom

FjordPhantom malware threatens 80% of top global banking apps

Promon, an application shielding technology firm, recently identified a new cyber threat named FjordPhantom targeting banks in Southeast Asia.

InsurTech market expected to generate over $158bn by 2030

A report published by Allied Market Research has detailed that the InsurTech market is expected to garner $158.99bn globally by 2030.
Digital wholesale broker Apollo Brokers rebrands to Limit

Digital wholesale broker Apollo Brokers rebrands to Limit

Digital wholesale broker Apollo Brokers has rebranded to Limit, after a strong year following its launch.

Brussels is already looking to make things worse for British finance by shaking up...

For the past 47 years, the UK has been able to influence EU legislation. Now, less than a week after Brexit, Brussels are looking to tear up the concessions made to Britain about its financial rulebook.
Hakbah

Hakbah elevates Saudi savings market with $5.2m Series A boost

Saudi-based savings platform Hakbah has recently concluded a successful Series A funding round, amassing a substantial $5.2 million. This financial milestone was achieved under the...

SEC fines Healthcare Services Group $6m over contingency reporting lapses

Healthcare Services Group agreed to pay $6m as part of a settlement with the Securities and Exchange Commission (SEC) for contingency reporting failures that led to accounting and disclosure violations.
FRISS-nextinsure-partnership-insurance-claims-handling

FRISS and msg nextinsure partner for claims handling

FRISS, an AI-powered fraud, risk and compliance solution provider for P&C insurers worldwide, has partnered with msg nexinsure, an independent provider of insurance core solutions.

Standard Chartered forms joint venture with Assembly Payments for new Singapore-based business

Standard Chartered has begun a joint venture with Assembly Payments to create new payment solutions.
AMLYZE

AMLYZE and TransactionLink unite to advance AML/KYC solutions

AMLYZE has partnered with TransactionLink, the Berlin-based no-code platform known for revolutionizing AML and KYC automation. 

Prosus acquires Indian payments company BillDesk in a mega $4.7bn deal

Global consumer internet group Prosus has entered into a new deal with payments FinTech PayU to acquire online payment gateway provider BillDesk for $4.7bn.

News Stories

Visa reinvents account-to-account payments with enhanced consumer protections

Visa reinvents account-to-account payments with enhanced consumer protections

Visa has unveiled a new initiative, Visa A2A, set to transform the landscape of account-to-account (A2A) payments by enhancing consumer control and protection.
Sedric AI clinches $18.5m to pioneer AI compliance solutions in FinTech

Sedric AI clinches $18.5m to pioneer AI compliance solutions in FinTech

Sedric AI, a leading innovator in AI-driven compliance solutions for financial institutions, announced today that it has successfully secured $18.5m in Series A funding.
European software firm SecureFlag bags significant funding from Copilot Capital

European software firm SecureFlag bags significant funding from Copilot Capital

Copilot Capital, a pioneering private equity firm dedicated to nurturing the growth of European software companies, has announced a significant majority investment in SecureFlag, a dynamic software company known for its cutting-edge cybersecurity training solutions.
Fido raises $30m to boost financial inclusion in East and Southern Africa

Fido raises $30m to boost financial inclusion in East and Southern Africa

Ghana's fintech innovator, Fido, recently bolstered its financial capacity with a significant $30m Series B funding round.
Upsolve secures $4.2m Gates Foundation grant to launch financial counselling AI for low-income Americans

Upsolve secures $4.2m Gates Foundation grant to launch financial counselling AI for low-income Americans

Upsolve, renowned as the nation's top nonprofit financial education platform, has recently secured a substantial grant to further its mission.

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