FinTech News

Nordic banks look to establish joint KYC venture

A number of banks in the Nordic region are looking to create a common Know Your Customer (KYC) joint venture.

Will InsurTech startups come out as the big winners of the coronavirus pandemic?

COVID-19 could be great for the InsurTech industry as the crisis highlight where insurers’ shortcomings are. But that does not mean there won’t be hard times ahead.

HMBradley is the latest US challenger bank to set sights on growing market

HMBradley is the latest US challenger bank to enter the fray, differentiating itself from competitors by offering consumers rewards for positive financial behaviours.
SEC

SEC slaps $81m fine on firms for recordkeeping lapses

The U.S. SEC recently made headlines by settling charges with 16 prominent investment advisers and broker-dealers.

MyComplianceOffice acquires fellow RegTech Schwab Compliance Technologies

Conduct risk and compliance risk technology developer MCO (MyComplianceOffice) has acquired Schwab Compliance Technologies to support its expansion effort within in the RegTech space.

Singaporeans are getting excited about new digital banks

Singapore has opened up for new challenger banks to open up shop in the country and people are getting thrilled about it.

India bars Mastercard from onboarding new customers due to data storage non-compliance

Reserve Bank of India has indefinitely barred Mastercard from issuing new debit, credit or prepaid cards to customers in the South Asian market over noncompliance with local data storage rules.

CyberTech startup RapidFort collects $8.5m in seed funding

RapidFort, a software attack service optimisation platform, has reportedly collected $8.5m in its seed funding round.

Marketlend raises over $140m with the help of Finitive

Buy now pay later company Marketlend has secured more than $140m via a series of credit facilities from a consortium of investors, including banks, credit funds and other institutional investors.
InvestorHub raises $4m to revolutionize market communication

InvestorHub raises $4m to revolutionize market communication

Australian startup Fresh Equities has announced a successful $4m funding round, which will be used to help public companies communicate more effectively with their investors. The company has rebranded itself as InvestorHub, and aims to use data-driven insights to help listed companies communicate with their shareholders and potential investors.

News Stories

The strategic advantage of unified loss control and policy admin systems

The strategic advantage of unified loss control and policy admin systems

In the competitive world of insurance, the profitability of underwriting is closely linked to informed decision-making that efficiently mitigates risks and optimizes loss ratios. Traditional barriers, primarily the compartmentalisation of data, often hinder this objective.
Onsurity, an Indian InsurTech startup that provides healthcare benefits to small and medium enterprises (SMEs), has raised an additional $21m in funding.

Indian InsurTech Onsurity raises $21m to fuel expansion plans

Onsurity, an Indian InsurTech startup that provides healthcare benefits to small and medium enterprises (SMEs), has raised an additional $21m in funding.
Chargebee, a prominent provider of subscription billing and revenue management solutions for B2B and consumer-serving businesses worldwide, has announced the launch of its new office in Dublin, Ireland.

Chargebee announces new Dublin office to expand European operations

Chargebee, a prominent provider of subscription billing and revenue management solutions for B2B and consumer-serving businesses worldwide, has announced the launch of its new office in Dublin, Ireland.
EasyDMARC

EasyDMARC secures $20m in funding to enhance global email security operations

EasyDMARC, an Armenian startup specializing in email security, has successfully closed a $20m funding round.
CACI

CACI secures $1.275bn acquisition of Azure Summit Technology

CACI International and Azure Summit Technology, two key companies in the defense sector, have recently announced a significant transaction.

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