TrueLayer introduces Signup+ to boost customer onboarding
TrueLayer, an open banking platform, has launched what it claims is the first-ever automated onboarding product using open banking APIs.
Avast faces $16.5m FTC fine for selling user browsing data
Avast, a software provider, has been ordered to pay $16.5m and cease the sale or licensing of web browsing data for advertising purposes.
FCA appoints members to its new Innovation Advisory Group
The Financial Conduct Authority (FCA) has named the members of its Innovation Advisory Group, which will join as the group meets later this month.
Navigating the 2024 PRI reporting cycle: Key updates and strategies for compliance
The PRI has formally announced the initial details of its 2024 reporting framework, marking a crucial development for PRI signatories. Scheduled to open in May...
Payments Systems Regulator unveils plans for APP scams
The PSR has published a consultation on guidance to support PSPs providing correct data when they report authorised push payment scams to regulators.
India’s financial intelligence unit levies Fine on Paytm Payments Bank
India's Financial Intelligence Unit (FIU) has imposed a fine of ₹54.9m ($662,565) on Paytm Payments Bank, the banking arm of Paytm (PAYT.NS). According to Reuters,...
Visa, Froda and Lunar team to unveil push-payments for SME loans
Three financial firms – Visa, Froda and Lunar – have announced a global partnership and are launching a technology aimed at resolving push-payment problems.
Team8 secures $500m to propel startups in Cyber, FinTech, and AI industries
Team8, a fund known for its role in the digital transformation across various sectors, has announced the closing of funds.
Socotra embarks on European expansion
Socotra, a modern core platform provider for insurers, is planning a European expansion following the growth in demand for its API-driven, cloud-first technology, which increases insurers’ speed-to-market at lower cost .
Riskified debuts Auth Rate Enhance to boost e-commerce success
Riskified, a New York Stock Exchange-listed company specialising in ecommerce fraud and risk intelligence, has recently introduced Auth Rate Enhance.