Industry News

FiVerity

Anti-fraud collaboration platform FiVerity locks in $4m seed

FiVerity, a creator of an anti-fraud collaboration platform, has raised $4m in a seed funding round headed by Mendon Venture Partners.
Ellipsis

Ellipsis Labs secures $20m for DeFi innovation on Phoenix exchange

Ellipsis Labs, the pioneering force behind the esteemed on-chain Phoenix exchange, has recently secured $20m in Series A funding.

Position Green launches Sustainable Edge podcast: A dialogue with clean tech leaders

Position Green, hailing as the Nordic region's paramount independent pure play sustainability enterprise, has unveiled its brand-new podcast series titled "Sustainable Edge" to complement its annual ESG100 report.
AI-powered financial fraud detection spend to hit $10bn

AI-powered financial fraud detection spend to hit $10bn

AI-powered financial fraud detection spending will exceed $10bn by 2027 as firms try to cope with increasingly complex attacks, according to a report from Juniper Research.
Rising demand for Open Banking: Security and privacy lead consumer preferences

Rising demand for Open Banking: Security and privacy lead consumer preferences

As Open Banking continues to redefine payment methods, emerchantpay's latest research highlights the driving factors behind consumer choices at online checkouts.
Aktos

Aktos obtains $4.4m to modernise the $20bn debt collection industry

Aktos, a trailblazer in the world of debt collections, has successfully procured a seed funding round of $4.4m.

How UK banks are missing the mark on effective cloud migration

A recent report by SaaScada found significant insights into the challenges UK banks face in migrating to cloud-based core banking systems.
The impact of loss run data on insurance operations and negotiations

The impact of loss run data on insurance operations and negotiations

In the realm of InsurTech, the ability to accurately assess risk, calculate premiums, and determine policy renewals hinges significantly on understanding historical losses. IntellectAI, which...
wealth

Revolutionising wealth management: How AI and tech are setting new standards

The wealth management industry stands on the cusp of a monumental shift as we continue to journey through 2024.
Blumira

Blumira makes big security leap with $15m raise and XDR platform launch

Blumira has made headlines by raising a $15m Series B funding round and simultaneously launching its XDR platform for SMEs. 

News Stories

Solid week for FinTech deals with 28 recorded

A total of $459m was raised across all the FinTech deals that were recorded this week by FinTech Global.  Leading the way of all the...
Paystand spearheads zero-fee B2B payments network expansion into Canada

Paystand spearheads zero-fee B2B payments network expansion into Canada

Paystand, renowned for its blockchain-enabled B2B payments, is extending its zero-fee network to Canada, enhancing the scope of its services beyond the initial limited offering since 2018.
Hex Trust joins forces with Grass to revolutionize AI data collection

Hex Trust joins forces with Grass to revolutionize AI data collection

Hex Trust, a prominent digital asset solution provider catering to institutional finance and the Web3 ecosystem, has announced a strategic partnership with Grass.
Avaloq and Zürcher Kantonalbank launch innovative digital asset service

Avaloq and Zürcher Kantonalbank launch innovative digital asset service

Avaloq has introduced its cutting-edge digital asset platform at Zürcher Kantonalbank (ZKB), one of Switzerland's premier banking institutions, in collaboration with Fireblocks.
Barq and Mastercard collaborate to transform payment technology in Saudi Arabia

Barq and Mastercard collaborate to transform payment technology in Saudi Arabia

Barq, a pioneering FinTech startup from Saudi Arabia, has joined forces with the global financial services giant, Mastercard.

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