US Senate report finds government agencies failing to improve cyber posture
A report published by US Senate Committee has found only one of eight federal agencies showed improvements in strengthening their cybersecurity programs.
Currencycloud, FxPro partner to launch new e-money business
Cross-border payments firm Currencycloud has partnered with global broker FxPro to offer a new e-money service called BnkPro.
Trendyol secures Decacorn status following Softbank-backed funding round
Turkish e-commerce platform Trendyol has become Turkey’s first Decacorn company after recent funding of $1.5bn lifted its valuation to $16.5bn.
Paysafe fortifies payments footprint with PagoEfectivo acquisition
UK specialised payments platform Paysafe has entered an agreement to purchase alternative payments platform PagoEfectivo for an undisclosed fee.
Greengage reels in £2.5m investment to fuel team and tech expansion
Digital asset banking startup Greengage has secured a £2.5m investment from Gilbraltar-based portfolio business IOVlabs.
Bank of Korea set to kick-off central bank digital currency pilot
The Bank of Korea (BOK) has revealed it is planning to initiate its central bank digital currency (CBDC) pilot later this month.
Employee InsurTech Onsurity bags $16m in Series A raise
Indian employee benefits platform Onsurity has raised $16m from a Series A funding round led by Quona Capital and Nexus Venture Partners.
Coinbase set to purchase currency overview solution Zabo
American cryptocurrency exchange firm Coinbase has revealed it is preparing to acquire digital currency overview tool Zabo for an undisclosed fee.
SEC chair highlights US cryptocurrency regulation shortfalls
The Securities and Exchange Commission (SEC) chair has outlined gaps in US regulation of cryptocurrencies that could cause investor risk and financial crime concerns.
BIS paper outlines Big Tech regulation challenges in financial services
The Bank for International Settlements (BIS) has published a paper underlining the challenges caused by rapid Big Tech growth in the financial services sector.
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