Company News

Veriff rakes in $69m Series B as it eyes US expansion

Estonian identity verification business Veriff has closed a $69m Series B financing round led by IVP and Accel.

Munich Re signs deal with InsurTech company FloodFlash

FloodFlash, an InsurTech offering parametric flood insurance, has signed an agreement with Munich Re.

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.
Consumer Duty

How can companies become more compliant with Consumer Duty?

The FCA recently introduced Consumer Duty regulation, which aims to ensure customers receive communications from financial services firms that they understand. How can firms become more compliant with it?

Apple reveals Apple Card Family which lets families share its credit card services

The Apple credit card got an update and now it can be shared and merged with family members, CEO Tim Cook revealed.

IDmission is reducing the stress of customer onboarding

As customers expect an increasingly digital service, banks are faced with the challenge of safely onboarding new clients remotely. That is where IDmission’s digital identity verification tools come in.

PayPal has officially become the first backer to pull out of Facebook’s Libra project

Facebook’s cryptocurrency project has lost one of its partners, but more may leave soon.
Darwin CX

Darwin CX nets $38.4m to expand operations

Darwin CX, a Toronto-based provider of a SaaS platform for the subscription economy, has scored $38m in funding. 

Viva Wallet receives Tencent backing as it bags $80m financing

Greek FinTech Viva Wallet has raised $80m in financing to bolster its loans and instant payment services.

KYND’s redesigns website to highlight its ability to make the complex look easy

Cyber risk management solution developer KYND has launched a new website, which it hopes will convey its ability to transform something complex into a simple and easy to understand system.

News Stories

Siemens reinforces its pioneer status with new €300m blockchain-based digital bond

Siemens reinforces its pioneer status with new €300m blockchain-based digital bond

Siemens AG, a frontrunner in technological innovations, has issued a new digital bond, reinforcing its position as a pioneer in the FinTech sector.
American Binary secures $1m investment from HEST to enhance quantum encryption

American Binary secures $1m investment from HEST to enhance quantum encryption

American Binary, a trailblazer in post-quantum encryption technologies, has recently secured a strategic investment.
Hypernative secures $16m in Series A to enhance Web3 security solutions

Hypernative secures $16m in Series A to enhance Web3 security solutions

Hypernative, a leader in Web3 security solutions, has successfully secured a $16m Series A funding round.
The Investment Association (IA) opens its 8th FinTech accelerator

The Investment Association (IA) opens its 8th FinTech accelerator

The Investment Association (IA) has officially launched the application phase for the eighth iteration of its esteemed Engine Innovator Programme, a pivotal accelerator designed to spur FinTech advancements within the investment management sphere.
Revolut escalates global presence with new BillPay for businesses, revenues hit $500m

Revolut escalates global presence with new BillPay for businesses, revenues hit $500m

Revolut Business has announced that its global revenues now exceed $500m (£380m), alongside monthly transaction volumes of £17bn.

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