Traditional banks to lose market share to neobanks according to new research
Challenger banks are about to grow the transactions conducted between businesses by 42% by 2022 and will take market shares from traditional vendors, according to new research from Juniper Research.
Corvus opens Atlanta office, names new cyber underwriting VP
Corvus Insurance has opened a new office in Atlanta, as the InsurTech brings in Joel Fehrman as vice president of cyber underwriting. Corvus provides a digital...
Sopra Banking Software becomes Tink’s channel partner
Digital banking and financial software company Sopra Banking Software has joined forces with Tink as a strategic channel partner.
Philippines’ central bank stiffens reporting standards for payment system operators
The Bangko Sentral ng Pilipinas (BSP) has placed firm reporting standards for operators of payment systems in a move to make the Philippines’ payment system strong and more efficient.
K2 Cyber Security launches services, alongside $6m seed close
K2 Cyber Security has launched its cloud workload security platform, alongside the close of a $6m seed round.
Scotland’s FinTech ecosystem gets £22.5m power-boost to fund Global Open Finance Centre of Excellence
Global Open Finance Centre of Excellence (GOFCoE) has received £22.5m in new capital to strengthen the FinTech ecosystem by providing a place to research and develop innovative solutions in the open banking and financial data space.
Mylo Financial Technologies closes $2m Seed round
Canada-based spare change platform Mylo Financial Technologies has closed its seed funding round on CAD $2m ($1.6m).
Quantifind’s new COO warns firms of the three rising elements of financial crime
Quantifind has had a busy year forming new partnerships and launching new tools. Its latest deal has seen it team up with Polaris to...
Steady raises $9m in round, alongside appointment of Shaquille O’Neal as advisor
Steady, a platform to help freelancers support their income, has secured $9m in its Series A funding round.
Howden’s Aston Lark acquires insurance broker Curtis Marine
Howden-owned Aston Lark has announced the acquisition of Curtis Marine, a Plymouth-based marine insurance broker.