FinTech News

Fiserv

Fiserv unveils new omnichannel fraud mitigation solution

Fiserv, a global provider of payments and financial technology solutions, has introduced a new fraud mitigation offering.

Plum bags $15.6m from Tiger Global to build insurance products for SMEs

Bengaluru-based digital insurance startup Plum raised $15.6m in its Series A funding round led by Tiger Global.

Illuminate Financial forms strategic relationship with 4 financial institutions

FinTech-focused venture capital firm Illuminate Financial has established a strategic relationship with Jefferies, J.P Morgan, S&P Global and Deutsche Börse Group.

RegTech comapny Konsentus acquires Open Banking Europe S.A.S.

Konsentus, an Identity and regulatory checking service provider, has completed the acquisition of Open Banking Europe S.A.S. from PRETA.

N26 outlines preparations for IPO by end of 2022

The CEO of German banking firm N26 has said the firm will be prepared for an initial public offering by the end of this year.
Neutronpay

PayTech Neutronpay lands $2.25m in seed financing

Neutronpay, a startup that allows consumers and businesses to send and receive payments on Bitcoin’s Lightning Network, has bagged $2.25m in seed funding.

SECURITI.ai launches freemium service after closing its Series B

SECURITI.ai, a data security automation platform, has collected $50m in its Series B round which was led by General Catalyst.

5 million pension savers at risk of scams – FCA and TPR claim

The UK’s Financial Conduct Authority (FCA) and the Pensions Regulator (TPR) have warned that 42 per cent of pension savers in the UK, around five million people, are at risk to scammers.
security

Essential guide to mastering internal controls for improved business security

In a recent post by Diligent, the company outlined the seven-step process to master the implementation of control and ensure security.

Trustonic receives security certificate for payments system

Mobile device and app security platform Trustonic has completed the EMVCo software-based mobile payments security evaluation process.

News Stories

Six ways tech is revolutionising M&A for insurers

Six ways tech is revolutionising M&A for insurers

Mergers and acquisitions (M&A) have long been pivotal strategies for growth within the insurance sector, enabling firms to expand their market presence, enter new territories, and secure competitive advantages.
video

What are the main concerns financial institutions should have around using AI?

As financial institutions look to increase their adoption of artificial intelligence (AI), they need to ensure they are able to trust the technology. These AI tools can have gain access to sensitive data and if the correct measures are not implemented, can cause a myriad of problems. 

Candriam launches ESG Market Neutral Fund targeting sustainability leaders

Candriam, a sustainability-focused asset management firm, has announced the launch of its new fund, the Candriam Equities L ESG Market Neutral Fund.
SEB

SEB launches global fund focused exclusively on sustainable investments

SEB has unveiled the SEB Global Sustainable Companies Fund, an index-linked global investment fund dedicated solely to sustainable companies.

American Sustainable Business Council takes on Texas in ESG lawsuit

The Texas legal landscape is heating up as the American Sustainable Business Council (ASBC), a champion for sustainable business practices, has filed a lawsuit against the state to overturn Senate Bill 13.

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