Industry News

Simply Business teams up with Cerity to boost digital-first workers’ compensation insurance

Simply Business, a Boston-based digital insurance firm catering to small businesses, has declared a new collaboration with Cerity, a leading provider of digital-first, direct-to-consumer workers' compensation insurance policies.
CapStack

CapStack brings fresh disruption to banking with $6m pre-seed round

CapStack, the integrated operating system for banks, has officially stepped out of stealth mode, amassing $6m in pre-seed funding.
climate

Are business board members prepared for climate change challenges?

A survey has found almost half of board members believe organisations lack the necessary skills and expertise to tackle climate issues.
How can technology help firms improve sustainability reporting?

How can technology help firms improve sustainability reporting?

As ESG becomes a major focus for regulators around the world, companies need to ensure they can cope with the regulatory requirements. One area...
FCA

FCA chief cautions banks on ‘deep fake’ threats and AI’s potential financial imbalances

Nikhil Rathi, the FCA chief, has issued a warning to banks concerning the risks associated with AI and the menace of 'deep fake' fraud.
Harnessing KYC technology: Reducing costs and increasing efficiency in financial institutions

Harnessing KYC technology: Reducing costs and increasing efficiency in financial institutions

In the ongoing global efforts against money laundering, the task of comprehending customer identities has proven to be a crucial element in Know Your Customer (KYC) compliance for financial establishments over the years. However, the perpetual shift in regulations has augmented the expense and intricacy involved in acquiring and maintaining clients.
EU

EU and US enhance data protection with new privacy agreement

The European Union (EU) has recently adopted a new and thorough robust data privacy agreement with the United States. 
Artela

Artela fetches $6m in a bid to supercharge blockchain scalability

Artela, a start-up focused on enhancing blockchain's scalability, announced that it has successfully raised a $6m seed funding round.
SAVVY

Cybersecurity firm SAVVY emerges from stealth with $30m funding

SAVVY, a cyber enterprise specialising in mitigating workforce-initiated security incidents around SaaS applications, has bagged $30m.
Despite hefty fines, financial institutions still struggle with monitoring unapproved communication channels

Despite hefty fines, financial institutions still struggle with monitoring unapproved communication channels

A new survey by Shield and LeapXpert underscores the continued risk financial institutions face from unmonitored communication channels. Only 51% of the financial institutions surveyed are currently monitoring employee communications on WhatsApp, a popular messaging platform.

News Stories

Slow week for FinTech with $557m raised across 16 deals

Slow week for FinTech with $557m raised across 16 deals

The UK leads the way in a slow week for FinTech, with just 16 deals completed globally and a total of $557.5m raised.  In a...
Glia introduces online calculator for benchmarking customer interactions in finance

Glia introduces online calculator for benchmarking customer interactions in finance

Glia, a pioneering force in customer interaction technology, has unveiled its latest innovation—the Unified Interactions Index Online Calculator.
TrueLayer lands $50m boost to pioneer pay-by-bank innovation in Europe

TrueLayer lands $50m boost to pioneer pay-by-bank innovation in Europe

TrueLayer, recognised as Europe's premier pay-by-bank network, has recently completed a significant fundraising milestone by securing an additional $50m.
Standard Life and Raindrop launch revolutionary free pension tracing service

Standard Life and Raindrop launch revolutionary free pension tracing service

Paysend, a pioneering UK-based FinTech company, has launched a new remittance solution, Paysend Libre, aimed at bolstering financial inclusion across Northern Central America.
WTW bolsters UK wealth management influence with strategic stake in Atomos

WTW bolsters UK wealth management influence with strategic stake in Atomos

WTW has announced its acquisition of a stake in Atomos, a prominent, advice-led wealth manager operating in the UK.

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