FinTech News

Infosys launches Bucharest cybersecurity centre to digitally defend European and global businesses

Romania’s capital just became the home of Infosys’, the global digital services provider, new digital defence centre as the company aims to protect more European and global ventures from hackers.

UK neobank revverbank signs deal with Finastra to power its core banking capabilities

Regional challenger bank revverbank has selected Finastra’s Fusion Essence solution to power its end-to-end core banking capabilities and ensure the FinTech company’s scalability.

NuBank mega $400m Series F round will turn it into a decacorn

A new $400m round could have pushed challenger bank NuBank valuation over the $10bn mark, making it allegedly join the coveted decacorn club. That means it could be a unicorn ten times over.

ACI Worldwide announces new tools to comply with upcoming strong customer authentication rules

Florida-based ACI Worldwide is releasing a new suite of tools to ensure businesses are prepared for the final parts of the EU Revised Payment Service Directive (PSD2) snapping into action in September.

Payconiq raises over €20m in new funding round

Mobile payments platform Payconiq has raised more than €20m in a funding round led by existing shareholders.

E-Pay takes down and apologises for ad after racism allegations

Singapore e-payments agency E-Pay has found itself in hot waters after running an ad where it darkened the skin of a model to make it look like someone from another ethnicity.

Digital Assets Data nets $3.2m in equity funding

Digital Assets Data, which designs enterprise-grade software and data feeds for the crytpoasset space, has netted $3.2m in an equity round.

Paysend said to raise £8.5m in Series B from venture firms and crowdfunders

Paysend, an international remittance platform has reportedly raised £8.5m in its Series B round, which was made up of venture firms and crowdfunders.

250 gigabytes of Brazilian banking user data exposed in new leak

A financial service provider’s unprotected server reportedly lead to 250 gigabytes of banking customers’ personal information has been leaked in a new breach.

Aon forms deal with Bunker to access on-demand economy

Aon has entered a commercial agreement with compliance and insurance platform Bunker to support the on-demand, sharing economy.

News Stories

TSB

TSB Bank hit with £10.9m fine over unfair customer treatment

Britain's TSB Bank has been fined £10.9m by the markets watchdog for its failure to treat customers who were in arrears fairly.
RepRisk

Banking sector leads decline in greenwashing amidst tightening regulations

RepRisk has reported a notable 12% decline in greenwashing incidents globally across all sectors for the year ending June 2024.
EMF

Climate Bonds, EMF-ECBC link to align EU covered bonds with sustainable finance

Climate Bonds and the EMF-ECBC have partnered to certify bonds that align with the EU Taxonomy for sustainable economic activities.
Qantev, an AI-powered platform focused on health and life insurers, has raised €30m in a funding round led by Blossom Capital.

Health and life insurance platform Qantev secures €30m in funding led by Blossom Capital

Qantev, an AI-powered platform focused on health and life insurers, has raised €30m in a funding round led by Blossom Capital. Existing investors Elaia, Omnes,...
Penguin Benefits, a provider of parental leave planning technology, has expanded its platform to offer coverage across all 50 states and the District of Columbia.

Penguin Benefits expands parental leave planning platform to cover all 50 US states

Penguin Benefits, a provider of parental leave planning technology, has expanded its platform to offer coverage across all 50 states and the District of...

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