FinTech News

Inter-ministerial committee suggests new Indian FinTech legal framework

A committee on FinTech headed by India’s economic affairs secretary has submitted a comprehensive legal framework about how the sector should be regulated in the future.

Practifi collects AUS $24m in Series B as it looks to grow international presence

Business management platform Practifi has scored AUS $24m ($16m) in its Series B round which was led by Updata Partners.
compliance

How to demonstrate Consumer Duty compliance with technology

With Consumer Duty coming into law this year, with 31 July being the date it officially comes into force - how can firms ensure compliance?

Sparrow takes flight with Series A funding

Sparrow, a provider of tech solutions for employee management, has closed a $20m Series A round.

Nationwide buys share in donations app Percent

Donations app startup Percent is getting backed by Nationwide Building Society.
Posh AI secures over $45m to enhance AI tools for banks and credit unions

Posh AI secures over $45m to enhance AI tools for banks and credit unions

Posh AI, a pioneering firm in the development of generative and conversational AI for financial services, has successfully raised over $45m in its latest investment round.
Lombard

Lombard Odier and Systemiq team to launch sustainable investment platform

Lombard Odier Investment Managers has teamed with Systemiq, a sustainability-focused firm, to launch a new investment enterprise. 

PACE Anti-Piracy launches data protection tool for banks, PSPs

PACE Anti-Piracy has launched a new data protection and application protection tool for banks, payment service providers (PSPs), schemes and other financial institutions.

Tamara secures $6m in new investment round as buy now pay later industry is...

Saudi Arabia-based startup Tamara has secured $6m of seed capital on the back of increased activity in the buy now pay later sector.

Curve launches numberless cards for investors and its crowdfunding backers will be the first...

The long number sequence at the front of credit cards are numbered if UK-based FinTech Curve’s latest offering catches on.

News Stories

Akur8, the next-generation insurance pricing solution, has announced its acquisition of Arius®, an award-winning property and casualty (P&C) reserving software.

Akur8 acquires Arius from Milliman to enhance its actuarial capabilities

Akur8, the next-generation insurance pricing solution, has announced its acquisition of Arius®, an award-winning property and casualty (P&C) reserving software.
APP

How the PSR’s new fraud cap could change the game for APP scam victims

The PSR has announced a significant update in the fight against APP scams, revealing a forthcoming adjustment to the reimbursement cap for victims.
compliance

Leveraging compliance for competitive advantage in finance

In today's rapidly evolving financial environment, mere regulatory adherence is insufficient for firms aiming to lead the market.
NGFS

NGFS launches Version 2.0 of data directory to tackle climate finance risk

The NGFS Data Directory, an initiative led by major financial institutions including the BIS Innovation Hub Singapore Centre, the MAS and the Bank of France, aims to fortify the global financial sector against the burgeoning threat of climate change.
Bank of London

Bank of London secures £42m in oversubscribed funding round

Bank of London, a UK-based clearing bank and embedded banking service, has announced a successful £42m funding round.

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