FinTech News

Spanish InsurTech startup Bdeo pulls in €1m in funding

Bdeo, which uses visual intelligence to support insurance, has closed its latest funding round on €1m, with investments from Spanish investors Big Sur Ventures...

Payzone sold by Carlyle Cardinal Ireland to AIB Group, First Data Corp joint venture

Payzone, one of Ireland’s largest providers of payment solutions, is to be sold by Carlyle Cardinal Ireland (CCI) to a newly-formed joint venture from AIB Group and First Data Corp.

Omnio, Token.io partner to give FIs improved open banking services and PSD2 compliance

Digital banking platform Omnio Group has partnered with Token.io to give its financial institution customers access to open banking services and PSD2 compliance.

Automation software developer Decisions pulls in $40m from Aldrich Capital

No-code business rule and process automation platform Decisions has pulled in $40m in funding from Aldrich Capital.

Alt Thirty Six raises $10m in Series A from unnamed private equity firm

Alt Thirty Six, a digital payments and compliance platform for the cannabis industry, has netted $10m in its Series A.

FSS, QRails partner to improve payment authentication

Global payments technology company FSS (Financial Software and Systems) has teamed with QRails to improve authentication in payments.

FinCEN fines Bitcoin trader $35,000 for AML and BSA breaches

The US’ Financial Crimes Enforcement Network (FinCEN) has fined a Bitcoin trader $30,000 for breaching the Bank Secrecy Act’s (BSA) registration, program, and reporting requirements.

Personal finance app Bankin’ has secured €20m in funding

Mobile money management platform Bankin' has closed a new equity financing round on €20m to boost development.

Covr opens new corporate office in Connecticut

Life insurance startup Covr Financial Technologies has opened its corporate office in Hartford, Connecticut.

Cytora said to close £25m funding round to support international growth

Cytora, which uses AI technology to improve underwriting for commercial insurance, has reportedly closed a £25m funding round.

News Stories

regulation

The key challenges for machine-readable and executable regulation

There is growing discussion around the role of machine-readable and executable regulation in the financial industry.
APP

New APP fraud protections roll out with significant changes for consumers

Starting today, new protections for victims of APP fraud are now in effect, marking a pivotal day for consumer safety in financial transactions. According to...
Lockton, the world's largest privately-owned insurance brokerage, has announced the launch of Lockton Pulse, a groundbreaking digital insurance offering designed for SMEs and individuals across Australia.

Lockton launches digital insurance platform for SMEs in Australia

Lockton, the world's largest privately-owned insurance brokerage, has announced the launch of Lockton Pulse, a groundbreaking digital insurance offering designed for SMEs and individuals...
Adaptive Insurance has unveiled an innovative parametric insurance platform which aims to revolutionise how businesses manage and mitigate the risks associated with power outages.

Adaptive Insurance launches AI-driven GridProtect platform to tackle climate-related risks

Adaptive Insurance has unveiled an innovative parametric insurance platform which aims to revolutionise how businesses manage and mitigate the risks associated with power outages. The...

UK banks to hold suspicious payments for 72 hours to combat fraud

The UK Government has announced new legislation that allows banks to impose a three-day hold on suspicious payments.

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