FinTech News

ANNA Money raises £3.46m on oversubscribed crowdfunding campaign on Seedrs

UK-based FinTech startup ANNA Money has smashed its £3m target for its crowdfunding campaign on Seedrs.
JVIF-selects-openway-in-a-bid-to-become-consumer-finance-leader-in-vietnam

JVIF selects OpenWay in bid to become consumer finance leader in Vietnam

JVIF, a Japanese consumer finance firm, has selected OpenWay’s Way4 digital payments software platform in a bid to offer the most competitive credit programmes in the Vietnamese market.
fintech insurtech wealthtech regtech ai cybertech esg news

Regulations are taking resources away from Cybersecurity

Regulations are sapping resources and distracting financial institutions away from their cyber defences according to panellists at the Global RegTech Summit 2018.
fintech insurtech wealthtech regtech ai cybertech esg news

UK regulator eyes global FinTech sandbox

The Financial Conduct Authority (FCA) is looking for views on the merits of creating a global FinTech sandbox.

First-party fraud is now 50% more common than third-party fraud

First-party fraud, or “friendly fraud”, is now 50% more common than third-party fraud, according to a report from Fraud.net.
Vietnamese FinTech startup 1Long secures $500k in groundbreaking pre-seed funding

Vietnamese FinTech startup 1Long secures $500k in groundbreaking pre-seed funding

Vietnamese FinTech firm 1Long, a groundbreaking financial technology platform dedicated to facilitating individuals in achieving their financial aspirations, has raised $500,000 in a pre-seed funding round.

Gig economy InsurTech Zego has accomplished a UK first by being awarded an insurance...

Zego, the InsurTech startup, claims to have become the first British business in the sector to acquire an insurance licence.

Why crypto startups and InsurTechs flourished among 31 FinTech investment rounds last week

Cryptocurrency-focused enterprises, cybersecurity firms, challenger banks and InsurTechs were among the big winners of the 31 FinTech funding rounds reported last week.
alliant-insurance-services-launches-reinsurance-brokerage-division

Alliant Insurance services launches reinsurance brokerage division

P&C commercial insurance broker Alliant Insurance Services has launched Alliant Re, its reinsurance brokerage division.
Flowdesk

Flowdesk secures €46M in Series B to pioneer digital asset trading

Paris-based Flowdesk, a beacon in the FinTech industry, announced a significant milestone by raising €46m in Series B funding.

News Stories

85% of banks rely on ESG ratings for financial strategy, reveals CDP report

A recent report from CDP has illuminated the growing centrality of ESG ratings in the strategic frameworks of financial institutions (FIs).
AI

How AI is driving transformation in the financial services space

Since the onset of AI adoption, the financial services market has been rapidly adjusting to new opportunities and challenges posed by the technology. As...
Bank of London

The Bank of London announces leadership overhaul with Stephen Bell as CEO

The Bank of London, a rapidly growing financial institution, today announced a significant leadership transition.

The high cost of cybersecurity breaches on corporate reputation

Cybersecurity breaches pose a grave threat not only to immediate data security but also to the long-term reputation and financial stability.

IFC launches ClimaLab to bolster climate risk management in European FIs

The International Finance Corporation (IFC) has launched ClimaLab, a comprehensive initiative designed to empower European financial institutions in effectively managing climate-related risks.

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