FinTech News

The US National Counterintelligence and Security Center and the Department of state have issued guidance on protecting against attacks that use commercial surveillance tools.

CLARA Analytics, which builds AI technology for commercial insurance, has released its Treatment Summary solution to automate workflows for nurse case managers (NCMs) and adjusters.

The Bank of Tanzania (BoT) has revealed it is planning to launch its new instant payments system in February 2022.

Open banking platform Ecospend has partnered with banking-as-a-service (BaaS) provider Contis to offer a wide range of BaaS products to both its customers.

Payments firm SumUp has launched SumUp Pay, a digital wallet that the company claims makes shopping locally easier and more rewarding.

Nigerian B2B payments platform Duplo has raised $4.3m in its seed round, which was supplied by a coalition of investors and angels.

Ryft, a PSD2 compliant payments system, has closed a seed round, which was led by UK-based investor SFC Capital.

Digital commercial bank Grasshopper has closed a $30.4m in a funding round, which brings its total capital raised to $160m.

Digital bank Umba has acquired a 66.6% stake in Kenyan microfinance outfit Daraja as it looks to expand its presence on the continent.

Ukraine’s state cybersecurity agency has expanded its partnership with the Cybersecurity and Infrastructure Security Agency to continuously combat the threat from Russia.