FinTech News

Banking infrastructure firm Tintra bags $10m investment

FinTech firm Tintra has closed the first tranche of its $10m funding round with a $3m investment.

EBA claims asset quality rises, but banks still fear cyber risk

The European Banking Authority (EBA) claims asset quality has improved, but cyber risk is still a major concern for EU banks.

Cloud banking software dev nCino acquires homeownership app SimpleNexus

nCino, a cloud banking and digital transformation solution developer, has acquired cloud-based homeownership software company SimpleNexus.

Barclays backs fashion finance outfit Responsible in seed round

Responsible, an embedded finance company designed to make the fashion industry more circular, has secured $6.6m from a seed round held by Barclays.

RBI launches Fintech department to deal with Crypto, CBDC challenges

The Reserve Bank of India (RBI) has created a new Fintech department to deal with key challenges in the burgeoning sector.

Swiss Re in TMS take-over for A&H market

Zurich-based reinsurance company Swiss Re has acquired TMS Re, an ESL managing general underwriter, a report from Reinsurance News has revealed.

UK parliament launches crypto advocacy group

The UK parliament has launched a cross-party group of lawmakers to create a framework to regulate digital asset markets, a report by the Financial Times has revealed.

Why FinTechs need to be aware of the Green Claims Code

As the shift to become more environmentally conscious and sustainable takes hold at every level of society, businesses globally are realising the importance of making a more firm and honest approach to making their organisations more sustainable.

Nigerian SME champion ThankUCash closes seed round

Multi-merchant rewards platform ThankUCash has raised $5.3m in its seed funding round, as it plans to expand its foothold in Nigeria, a report by TechCrunch has revealed.

Starling pulls advertising on Facebook and Instagram for fraud concerns

Starling Bank has pulled all of its paid advertising on Facebook and Instagram due to concerns regarding fraudsters on the platforms.

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...

120,000+ FinTech leaders get exclusive industry stories delivered every week