Lloyds Bank looks to hire head of FinTech discovery

Lloyds Bank is looking for fresh talent to improve its digital strategy with a job posting for a new head of fintech discovery at the banking group.

InsurTech Jerry eyes accelerated app development following $75m Series C

Car insurance shopper Jerry has closed a $75m Series C funding round led by Goodwater Capital at a $450m valuation.

UK Chancellor examines case for new Britcoin digital currency

UK Chancellor of the Exchequer Rishi Sunak has told the Bank of England (BOE) to look at the case for a potential Britcoin or central-bank-backed digital currency.
PayPal

PayPal hires Expedia veteran as chief product officer

PayPal has appointed John Kim as executive vice president, chief product officer effective September 26, 2022.

Mox, Mastercard team to launch new tool to simplify card payment process

Hong Kong virtual bank Mox has partnered with Mastercard to introduce a new tool that allows Mox users to flip between spending on an all-in-one debit and credit card.

Wonga hires new CFO to steer turnaround

UK lender Wonga has hired Joanna Baker as its new CFO as the firm attempt to restructure in the face of stricter regulation.

LendInvest lands ?150m Barclays, HSBC partnership to aid UK property market

PropTech company LendInvest has secured a partnership with banking giants HSBC and Barclays that will funnel ?150m into the UK property space.

FinTech Wales eyes global FinTechs with business accelerator launch

FinTech Wales has introduced the FinTech Wales Foundry - a zero-equity business accelerator that pairs global FinTechs with leading Welsh financial institutions.
Digital ID verification RegTech OCR Labs Global names new CEO

Digital ID verification RegTech OCR Labs Global names new COO

Digital ID verification platform OCR Labs Global has hired Joshua Read as its new COO, as part of its international expansion efforts.Read joined OCR...

Russian central bank to initiate digital ruble pilot

The central bank of Russia has revealed it is planning to begin a pilot test for a digital ruble with 12 of the country’s top banks.

News Stories

etf-investment-investengine-launches

ETF investment service InvestEngine launches second crowdfund

InvestEngine, an Exchange-Traded Fund (ETF) investment platform, has launched a second crowdfunding campaign to capitalise on a strong year of growth.
J.P. Morgan to pilot biometric payments in US

J.P. Morgan to pilot biometric payments in US

J.P. Morgan is launching a pilot of biometrics-based payments with select retailers in the US.
Top-two-deals-dominate-in-this-weeks-25-funding-rounds-fintech

Top two deals dominate in this weeks’ 25 deals

This week saw 25 deals take place across the FinTech sector. Two high-value raises of $270m and $250m lead the charge this week, accounting for over half of the amount raised by the top 10 deals all together. 
SteelEye integrates ChatGPT with its surveillance platform

SteelEye integrates ChatGPT with its surveillance platform

 SteelEye, which claims to be the first and only integrated surveillance solution, has integrated ChatGPT into its compliance platform.
Why compliance teams need to bring automation across deal flow

Why compliance teams need to bring automation across deal flow

Regulatory compliance tech vendor eflow Global is working with Portfolio Bi, a developer of investment management software and services, to help managers meet regulator and investor requirements.

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