Industry News

Lasso

Lasso Security bags $6m in seed funding to advance LLM cybersecurity

Lasso Security has emerged from stealth mode and announced a significant milestone in its growth journey of $6m.
38% of firms lack knowledge on FCA’s new Consumer Duty

38% of firms lack knowledge on FCA’s new Consumer Duty

Over a third (38%) of firms have limited knowledge of the FCA’s new Consumer Duty, with many turning to technology and data to solve their woes.
Commonwealth Bank pioneers NameCheck technology with Bendigo Bank and Satori

Commonwealth Bank pioneers NameCheck technology with Bendigo Bank and Satori

Australia's Commonwealth Bank (CBA) has made a significant move in the fight against financial scams and mistaken payments.
France-slaps-ClearviewAI-€20m-fine-facial-recognition

France slaps ClearviewAI with €20m fine

France has issued a €20m fine on US-based facial recognition firm Clearview AI for breaching privacy laws.
AI

ChatGPT and the quest for factual AI – progress, pitfalls, and potential

ChatGPT is taking the world by storm right now. In a recent post, Saifr dug deeper into the topic of chatbots, and the importance...
PasarPolis-indonesian-insurtech-launches-TAP-Insure

Indonesian InsurTech PasarPolis launches TAP Insure

PasarPolis, an Indonesian InsurTech startup, has launched a direct-to-consumer vertical TAP Insure to make insurance more accessible.
Bank

Dutch Central Bank’s bold move to halve carbon footprint by 2030

The De Nederlandsche Bank (DNB) plans to align its equity and corporate bond portfolios with the objectives of the Paris Agreement.
SME financial management FinTech FINOM buys PayTech Kapaga

SME financial management FinTech FINOM buys PayTech Kapaga

FINOM, which offers a mobile-first financial management platform to SMEs and freelancers, has acquired cross-border PayTech Kapaga for an ‘eight figure sum’.
Paynest

Financial wellbeing platform Paynest raises €2m in seed round

Paynest, a one-stop-shop financial well-being platform for employees, has recently achieved a significant milestone of €2m seed funding.
Sustainability-focused Climate First Bank acquires Ecountabl

Sustainability-focused Climate First Bank acquires Ecountabl

Climate First Bank, which is a full-service, FDIC-insured commercial bank focused on environmental sustainability, has acquired FinTech company Ecountabl.

News Stories

CloudPay and Workday launch global payroll connect to revolutionise payroll management

CloudPay and Workday, two titans in the payroll and payment solutions sector, have joined forces to introduce the Global Payroll Connect solution.
Velera and BrightStar Credit Union forge partnership to elevate card processing services

Velera and BrightStar Credit Union forge partnership to elevate card processing services

Velera, a premier FinTech provider, has joined forces with BrightStar Credit Union to enhance card processing solutions, aiming to significantly improve the cardholder experience for members throughout South Florida.
Finastra and Prelim collaborate to enhance retail and commercial account openings

Finastra and Prelim collaborate to enhance retail and commercial account openings

Finastra, a global provider of financial services software applications, has announced a new integration with Prelim, a leader in FinTech innovation.
NCC Group's new digital identity services: Enhancing cybersecurity and operational efficiency

NCC Group’s new digital identity services: Enhancing cybersecurity and operational efficiency

NCC Group has unveiled a new range of digital identity services, aimed at bolstering security and optimising operations across organisations.
Fabric and AWS forge AI alliance to transform omnichannel retail operations

Fabric and AWS forge AI alliance to transform omnichannel retail operations

Fabric, a leading player in omnichannel retail technology, has partnered with Amazon Web Services (AWS) to improve commerce for omnichannel retail. 

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