FinTech News

MAS is doubling down on its efforts for people to adopt SORA

The Monetary Authority of Singapore (MAS) has launched several initiatives to boost the adoption of its new interest benchmark.
AML

Regulatory challenges in 2024: The FinTech response to AML, KYC, and digital asset rules

In a recent Fenergo webinar, 'Guidance on the Global 2024 Regulatory Changes', experts delved into the regulatory trends for 2024.

Blockchain startups have raised $23.7bn since 2013 with FinTech being in focus

New research from investment platform Outlier Ventures reveals that 3,738 new blockchain enterprises have seen capital injections of $23.7bn since 2013.

Zopa on track to be fastest digital bank to reach profitability after £220m investment

UK challenger bank Zopa has secured £220m in funding, as it edges closer to becoming profitable.

India’s anti-money laundering act has been amended to allow for more KYC options

The Indian Prevention of Money Laundering Act (PMLA) has been changed to allow more flexibility for people to prove that they are who they say they are.
fintech-news

Australia-based uno Home Loans picks up $25m from Westpac

Digital mortgage comparison company uno Home Loans has picked up a $25m investment from Westpac.
The Radical Fund's $40m climate tech fund targets early-stage SEA startups

The Radical Fund’s $40m climate tech fund targets early-stage SEA startups

Announcing its first close of a $40m fund, The Radical Fund, a venture capital firm specialising in early-stage investments in the climate tech sector, has made waves in the FinTech industry.

Zurich to digitalise International Programs business

Zurich Insurance Group is digitalising its International Programs business by deploying technology to streamline stakeholder interactions.
Consumer Duty

How can companies become more compliant with Consumer Duty?

The FCA recently introduced Consumer Duty regulation, which aims to ensure customers receive communications from financial services firms that they understand. How can firms become more compliant with it?

Curve makes bid for £10m grant from the BCR Capability and Innovation Fund

UK FinTech Curve has made a bid for a £10m grant in order to upgrade SME financing during the pandemic.

News Stories

FinTech

Another strong week for FinTechs with 26 deals recorded

FinTech Global reported on another powerful week in the FinTech sector, with a total of $783m raised across 26 deals.   This top performing deal...
FutureMoney launches micro-investing app to help families secure financial future

FutureMoney launches micro-investing app to help families secure financial future

FutureMoney, a FinTech company founded by industry veterans, has launched a new micro-investing platform aimed at helping families build generational wealth.
Camwood and Pentaho team up to enhance data analytics capabilities

Camwood and Pentaho team up to enhance data analytics capabilities

Camwood, a leading IT consultancy specialising in digital evolution through the lens of applications, has partnered with Pentaho, a subsidiary of the Japanese multinational conglomerate Hitachi, to bring its data analytics platform to market via a new managed services offering.
Erste Bank Hungary introduces innovative flight delay insurance with Companjon

Erste Bank Hungary introduces innovative flight delay insurance with Companjon

Erste Bank Hungary has launched Flight Delay Insurance, a new service available to its customers in the George app.
Dwolla partners with Visa to enhance account verification in pay by bank

Dwolla partners with Visa to enhance account verification in pay by bank

Dwolla, a leading U.S.-based account-to-account (A2A) payment solution provider, has announced a strategic collaboration with Visa, a world leader in digital payments.

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