FinTech News

Plaid to pay $58m to settle a class-action lawsuit centered on data privacy

Plaid agreed to pay $58m to settle a class-action lawsuit where consumers' claimed that the financial technology company obtained and used bank account credentials and financial information without consent.
Payments

Are cashless payments leading to skyrocketing fraud?

A report by NICE Actimize has found that the rise of banking fraud is a growing concern for financial institutions and consumers alike.
SeerBit, a leading Pan-African innovator in secure and seamless payment solutions, has announced a strategic partnership with Kuda, a digital bank known for its dedication to financial inclusion.

SeerBit partners with Kuda to offer seamless online payments

SeerBit, a leading Pan-African innovator in secure and seamless payment solutions, has announced a strategic partnership with Kuda, a digital bank known for its dedication to financial inclusion.
Normative launches new carbon reduction tools

Normative launches new carbon reduction tools

Normative, a pioneering enterprise carbon platform, has unveiled a new suite of features aimed at enabling businesses to effectively manage and reduce their carbon...
AI-powered business data integration by Cytora and Veridion transforms insurance industry

AI-powered business data integration by Cytora and Veridion transforms insurance industry

Cytora, a leading digital risk processing platform, has announced a strategic partnership with Veridion, a specialist in AI-powered business data and market intelligence. This collaboration aims to bring a new level of efficiency and insight to the insurance market.

SEC charges sibling fraudsters for $124m crypto fraud operation

The Securities and Exchange Commission (SEC) has charged siblings John and Tina Barksdale with defrauding thousands of retail investors out of over $124m.
Focalpay

Swedish PayTech Focalpay lands SEK15m

Focalpay, a commerce platform merging payment and retail functionalities, has bagged SEK15m in an investment round.

Cyber insurance provider Resilience closes Series C round

US-based Resilience, which provides comprehensive insurance coverage and patented cybersecurity tools to mid-market companies, has closed an $80m Series C funding round.

House of Insurtech said to raise $400,000 in seed funding

House of Insurtech, which has built a quote and buy and policy administration system, has reportedly raised $400,000 in its seed funding.

KYND provides free cyber risks reports to businesses fighting cyber criminals during the coronavirus...

Cybersecurity firm KYND has become the latest company to provide its services for free to help others through the coronavirus crisis.

News Stories

RegTech

5 qualities to look for in a RegTech partner

Look for these five important qualities when evaluating regtech partners to be sure you get not only a useful technology solution, but also a knowledgeable, supportive team of professionals who prioritize your business needs, collaborate with you, configure the system to meet your unique processes, and provide responsive support long after go-live day.
How CRM is revolutionising wealth management: Enhancing personalisation and efficiency

How CRM is revolutionising wealth management: Enhancing personalisation and efficiency

Client relationship management (CRM) has always been the cornerstone of success in wealth management, driving personalised support and client retention.

Orb secures $25m Series B funding to revolutionise software billing

Orb, the trailblazing billing platform, announced today it has secured $25m in Series B funding, orchestrated by Mayfield and supported by previous investors Menlo Ventures, Greylock Partners, South Park Commons, Basecase, and Scribble Ventures, along with new contributor Uncorrelated Ventures.
Amsterdam-based CarePay International, a health insurance platform dedicated to making healthcare more affordable and accessible, has announced it has raised €10m in funding.

Dutch health insurer CarePay lands €10m in funding

Amsterdam-based CarePay International, a health insurance platform dedicated to making healthcare more affordable and accessible, has announced it has raised €10m in funding.
Upfront secures $2.5m to revolutionize real estate agent payments

Upfront secures $2.5m to revolutionize real estate agent payments

Upfront, a new real estate finance platform, today announced it has raised $2.5m in a funding round combining $1.5m in equity and $1m in debt.

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