FinTech News

InsurTech ennabl has secured a $4m seed round investment led by Vine Ventures to transform insurance brokerage.

AuthenticID has established a cross-product strategic partnership with 1Kosmos to provide a suite of identity proofing and authentication solutions for governments, corporations, and individuals.

Amazon has reached a deal with Visa to continue accepting payments from its credit cards, after several months of tensions over rising transaction fees.

Moorwand, a payments solutions provider, offering BIN sponsorship and issuing services, has launched a suite of payments compliance services.

The Bank of England and Financial Conduct Authority (FCA) have concluded a year-long investigation into the role of data, model risk and governance in the use of AI in financial services.

A group of US-based cryptocurrency companies have launched a new platform aimed at helping firms comply with the Travel Rule regulatory requirement.

Earnipay, which provides on-demand salary services, has reportedly raised $4m in seed funding.

The US Securities and Exchange Commission (SEC) has charged James Velissaris, the former founder and chief investment officer of Infinity Q Capital Management, with overvaluing assets by more than $1bn while pocketing tens of millions of dollars in fees.

Fenbeitong, a China-based corporate spend startup, has collected $140m in its Series C+ funding round.

Canada-based Blossom Social, which is building a social network for retail investors, has reportedly closed a pre-seed investment.