Payhawk obtains UK EMI license and announces new leadership additions
Payhawk, the global spend management solution, has obtained a licensed Electronic Money Institution (EMI) status in the United Kingdom.
Tofu launches its services to help the self-employed
The FinTech realm is buzzing with Tofu's recent announcement. Operating under the banner "GetPaid Inc.", this FinTech startup has made a grand entry in the US market, unveiling a holistic business management platform.
P2Binvestor bags $17m in funding round made of equity and debt
Marketplace lending platform P2Binvestor has bagged $17m in its latest round which was comprised of both equity and debt.
Spending on RegTech expected to reach $130bn by 2025
Spending on RegTech is expected to exceed $130bn by 2025, growing by 290% from the $33bn spent in 2020, a new study from Juniper Research claims.
Wefox to replace CEO as board snubs sale proposal
Wefox, the German insurance startup, is set to replace CEO Mark Hartigan by the end of the year.
Billing automation service Ordway scores $2.5m in funding
Billing and automation platform Ordway has scored $2.5m in its latest growth round of funding.
73% of financial services executives believe generative AI will take their job
The new study by FintechOS titled 'Generative Artificial Intelligence: The Technology Polarising the Financial Services Industry' has found that 73% of financial services executives fear generative AI might replace their jobs eventually.
Three risks financial firms face when not being serious about protecting their digital assets
Every company has digital assets, but not all of them are doing enough to protect them, which could lead to massive problems down the line.
Swiss insurer Helvetia in Mobile Garantie take-over
Helvetia Insurance has acquired Hanover-based provider of auto insurance solutions Mobile Garantie.
How can technology be used to reduce AML, anti-bribery and corruption incidents within financial...
Money laundering, bribery and corruption are still a pressing issue within financial institutions, but the best way to combat this is through solid operational risk management sponsored from the top.