Company News

4Stop and ComplyAdvantage team up to fight the rising tide of fraud

The number of financial fraud attacks are on the rise, but RegTech companies 4Stop and ComplyAdvantage are hoping to fight back by partnering up.

A financial fraud attack uncovered every two minutes in Q4 of 2019

The number of financial fraud attacks increased at the end of 2019, according to a new report from RSA, the cybersecurity company.

The UK financial services market is unprepared for working at home – study claims

The UK financial services sector is not prepared for the majority of its staff working from home, according to a survey from workplace analytics firm Leesman.

Most financial leaders are worried about the impact of the coronavirus with 80% fearing...

More than half of CFOs and finance executives in the US and Mexico believes that the COVID-19 outbreak could have serious consequences for their businesses, according to a new report from PwC.

FinTech remains the biggest tech sector in the UK

While tech investment in the UK is soaring, FinTech has remained at the forefront, according to a new report from Tech Nation, the UK body for supporting UK tech entrepreneurs.

Northmill has rebought bonds worth £4.77m to boost its net interest income

Swedish neobank Northmill has repurchased bonds with a nominal value of SEK5.5m (£4.77m). The repurchase concerns the challenger bank’s senior unsecured bonds with a nominal outstanding amount of SEK500m (£41.48m).

Monzo launches business accounts

UK neobank Monzo has launched two types of business accounts after a 12-month trial period.

AMTD Digital said to be acquiring controlling stake in PolicyPal

AMTD Digital is reportedly set to acquire a controlling stake in PolicyPal, an InsurTech startup which helps consumers buy, manage and claim.

Swedish challenger bank Northmill buys Zendesk’s customer relationship management solution

Hot on the heels of launching its fee-free savings accounts in January, Swedish digital bank Northmill has announced that it has taken another step to boost its relationship with its customers further.

FSB tells South Africa’s authorities to do more to secure financial stability

South Africa’s new bank resolution and deposit insurance measures are welcome, but more needs to be done to ensure financial stability in the country, according to a new report from the Financial Stability Board (FSB).

News Stories

85% of banks rely on ESG ratings for financial strategy, reveals CDP report

A recent report from CDP has illuminated the growing centrality of ESG ratings in the strategic frameworks of financial institutions (FIs).
AI

How AI is driving transformation in the financial services space

Since the onset of AI adoption, the financial services market has been rapidly adjusting to new opportunities and challenges posed by the technology. As...
Bank of London

The Bank of London announces leadership overhaul with Stephen Bell as CEO

The Bank of London, a rapidly growing financial institution, today announced a significant leadership transition.

The high cost of cybersecurity breaches on corporate reputation

Cybersecurity breaches pose a grave threat not only to immediate data security but also to the long-term reputation and financial stability.

IFC launches ClimaLab to bolster climate risk management in European FIs

The International Finance Corporation (IFC) has launched ClimaLab, a comprehensive initiative designed to empower European financial institutions in effectively managing climate-related risks.

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