FinTech News

Zeidler makes organisational revamp with new appointments

Zeidler Group has updated its leadership and organisational infrastructure to help further connect the company’s wide-ranging capabilities to advance future growth.

Advanced Fraud Solutions becomes a preferred partner of Nacha

Advanced Fraud Solutions, a real-time anti-fraud solution developer, has been recognised as a preferred partner of Nacha, which governs the ACH Network.

Cryptobank Coinhouse bags €15m Series B

Coinhouse has closed a $15m Series B round as the company becomes Europe’s first ever cryptobank.

FBI unveils plan to shift cybercrime approach away from arrest-first

The FBI has revealed it is intending to move away from its indictment and arrest-first model to a cost-imposing and incident response model.

Payment Systems Regulator fines five companies in prepaid card cartel

The UK’s Payment Systems Regulator (PSR) has issued fines to Mastercard, allpay, Advanced Payment Solutions, Prepaid Financial Services and Sulion.

Is Request to Pay a new challenger to established payment methods?

A survey by Icon Solutions has found the Request to Pay payment method is expected to challenge current payment methods such as direct debit and payment cards in the near future.

WTW and Tempcover team up for usage-based insurance

Willis Towers Watson (WTW) global advisory, broking and solutions company, has partnered with InsurTech Tempcover to deliver a usage-based automotive insurance solution for the digital generation.

INDmoney lands funding for “super money app”

India-based startup INDmoney, formerly INDwealth, has raised $75m in a recent round of funding, a report from Coverger has revealed.

Ghanaian FinTech Float scores $17m seed round

Ghana-based FinTech company Float, which helps SMEs manage cashflow, has reportedly collected $17m in its seed round.

UK lawmakers underline key stability and privacy risks of CBDCs

A report by the House of Lords’ Economic Affairs Committee has warned how a digital pound could harm financial stability, raise credit costs and erode privacy.

News Stories

AI

AI attackers are breaking financial crime compliance

A 1993 New Yorker cartoon showed one dog telling another, "On the Internet, nobody knows you're a dog." The joke has held up rather...
FinTech

Red-letter week for FinTechs as $1bn raised across 17 deals

This week was a powerful funding week for FinTech firms, with $1.07bn raised across a healthy 17 deals. This marks a second consecutive week of...
RegTech

Why RegTech’s survival race is just beginning

The RegTech market has entered a new era. What began as an experimental space populated by agile startups has matured into a mainstream industry...
Deluxe

Deluxe acquires Celero Commerce in $625m deal

Deluxe has agreed to acquire FinTech firm Celero Commerce for $625m, in a deal that will significantly accelerate its strategic shift away from legacy...

ASIC seeks $35m as HSBC admits scam protection gaps

HSBC Bank Australia Limited (HSBC), the Australian arm of one of the world's largest banking groups, is facing a $35m penalty after admitting to...

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