Industry News

Teal

Teal secures $8M seed funding for groundbreaking accounting solution

Teal has announced a significant milestone in its journey to transform SMB accounting with the closure of an $8 million seed funding round.
FCA finalises sustainability disclosure rules to tackle greenwashing

FCA finalises sustainability disclosure rules to tackle greenwashing

The UK Financial Conduct Authority (FCA) has published a policy statement confirming the final rules under the Sustainability Disclosure Requirements (SDR) and investment labels regime.
Encompass Corporation appoints Nynke Postma as Head of Business Development

Encompass Corporation appoints Nynke Postma as Head of Business Development

Encompass Corporation, a leader in Corporate Digital Identity (CDI), has appointed Nynke Postma, the founder and former CEO of Blacksmith KYC, as the new...

Deutsche Bank pioneers discounted mortgages for climate-friendly homes

Deutsche Bank has teamed up with the European Investment Bank Group to introduce discounted mortgages for climate-friendly housing.
survey

Survey reveals half of young people frustrated by local branch closures

A survey by Nationwide has shed light on the frustrations surrounding the closure of local bank branches, particularly among younger demographics.
GB Bank

GB Bank’s expansion plans accelerate with £85m investment injection

GB Bank, a key player in property project funding for SME developers and investors, has secured £85m in additional capital.
Singapore

Singapore tightens grip on digital payment token providers: What you need to know

The MAS of Singapore has recently announced stringent AML and CFT controls on digital payment token (DPT) service providers. According to Moody's, these regulatory changes...
Kudos

Kudos raises $10.2m to boost AI-powered smart wallet services

Kudos, a Los Angeles, a provider of an AI-powered smart wallet service, has secured $10.2 million in Series A funding. According to Silicon Valley...
FCA

FCA charges reality TV stars over ‘Finfluencer’ campaign

The FCA has taken action against a group of individuals, including reality TV stars, for their involvement in promoting an unauthorised trading scheme through...

Palo Alto Networks and IBM forge security alliance to tackle cyber threats

Palo Alto Networks and IBM have teamed up to provide AI-powered security solutions, aiming to address the escalating cybersecurity challenges posed by the expanding...

News Stories

Faye secures $31m in Series B funding to elevate travel insurance technology

Faye secures $31m in Series B funding to elevate travel insurance technology

Faye, the trailblazing travel platform, has successfully secured $31m in Series B funding, escalating its total capital to $49m.

Unpacking the major regulatory fines and decisions impacting Fintech in 2024

Q2 2024 marked a notable period in financial regulatory actions, with a significant increase in fines from $10.5 million in Q1 to $16.5 million.

How UK pension funds could become front-runners in climate investment

LCP has outlined proposals that could reshape the investment landscape for UK pensions, potentially unlocking $1.3tn in funds for climate-centric initiatives. According to Environmental...

SBTi aims for net-zero with new draft standard for financial institutions

The SBTi is advancing its efforts towards a sustainable future with the recent unveiling of its consultation on a new draft standard specifically for financial institutions.

Men more likely to fall victim to romance scams while women lose more

Barclays is alerting the public to an increase in romance scams this summer, as shown in their latest Scams Bulletin.

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