Industry News

klarna-reports-1bn-annual-loss

Klarna reports $1bn annual loss

Klarna has reportedly suffered its biggest annual loss totalling $1bn, but its company is certain it is on track to return to profitability.
fraud

From AI to pig butchering: The alarming rise of payment fraud in 2024

Visa's Biannual Threats Report has unveiled the increasingly sophisticated threats posed to consumers and businesses globally. In the face of these challenges, Visa's Chief...
Bank of Canada believes offline CBDC could boost financial inclusion

Bank of Canada believes offline CBDC could boost financial inclusion

The Bank of Canada believes an offline Central Bank Digital Currency (CBDC) would help to boost financial inclusion.
How AI transforms KYC into a continuous compliance powerhouse

How AI transforms KYC into a continuous compliance powerhouse

In the dynamic landscape of anti-money laundering (AML) efforts, financial institutions are facing intensified scrutiny to stay a step ahead of increasingly sophisticated criminal tactics and rigorous regulatory demands.
Cubist

Web3 firm Cubist lands $7m in seed raise

Cubist, a security-focused Web3 dev tools provider, has scored $7m in a seed funding round headed by Polychain Capital.
ESG

Indigita partners with Prometeia to launch ESG scoring course

Indigita in collaboration with Prometeia, has announced the launch of an innovative e-Learning course dedicated to ESG scoring.
Zemen

Zemen Bank links with Netcetera

Zemen Bank has partnered with Netcetera to offer simple online payments to its customers while maintaining payment security.

How ByAllAccounts is empowering wealthtechs, wealth management firms and data providers to connect their...

Wealth management is built on data, but the modern digital ecosystem has made it tough for firms to effectively leverage their datasets.
canadian-insurance-company-td-insurance-launched-product-for-canadian-small-businesses

TD Insurance launches product for Canadian small businesses

Canadian insurance company TD Insurance has launched a direct insurance product offering tailored for small businesses in Canada.
Previsico welcomes Aleksander Surowiak as head of sales to propel InsurTech growth

Previsico welcomes Aleksander Surowiak as head of sales to propel InsurTech growth

Previsico, the innovative live flood forecasting InsurTech, has recently expanded its leadership team by appointing Aleksander Surowiak as the new Head of Sales.

News Stories

US-based CyberTech companies dominated this week's FinTech funding

US-based CyberTech companies dominated this week’s FinTech funding

it was a strong week for US-based CyberTech companies, accounting for eight of the total 26 FinTech deals covered this week.  In total, FinTech Global...
Realm.Security secures $5m in seed funding to streamline cybersecurity data management

Realm.Security secures $5m in seed funding to streamline cybersecurity data management

Realm.Security, a startup tailored for cybersecurity, has stepped out of stealth mode and announced a $5m seed investment spearheaded by Accomplice and Glasswing Ventures.
Fora Financial boosts liquidity with a record $126.9m asset-backed securitization

Fora Financial boosts liquidity with a record $126.9m asset-backed securitization

Fora Financial, a prominent FinTech company providing financial solutions to small and medium-sized businesses (SMBs), announced today the closure of its third and largest asset-backed securitization (ABS) valued at $126.9m.
Novatus Global bolsters RegTech prowess with $40m investment

Novatus Global bolsters RegTech prowess with $40m investment

Novatus Global, a London-based leader in regulatory technology, has announced a significant growth investment of $40m from Silversmith Capital Partners, a growth equity firm located in Boston.
Ledgebrook's innovative push in InsurTech garners $17m Series B funding

Ledgebrook’s innovative push in InsurTech garners $17m Series B funding

Ledgebrook, the rapidly growing InsurTech firm, has successfully closed a $17m Series B funding round.

120,000+ FinTech leaders get exclusive industry stories delivered every week

Download the free AIFinTech100 report

FREE

Download the AIFinTech100 report for 2024 with details on each solution