JBS Foods halts production following multinational cyberattack
Food processing giant JBS Foods has closed down production at multiple sites globally following a cyberattack.
Stavvy pulls in $40m Series A, teams with Flagstar to boost Covid-19 loan relief
US FinTech Stavvy has secured $40m from a Series A financing round led by Morningside Technology Ventures.
Fraudio looks to continue expansion following $3.3m seed round
Dutch payment fraud detection firm Fraudio has bagged $3.3m in a seed funding round.
Banks more trusted than FinTechs and Big Tech, US survey reveals
A Bank for International Settlements (BIS) survey has found US citizens trust banks more than FinTechs, government agencies and Big Data to protect their personal data.
Addi secures $65m funding, enters strategic partnership with Santander
Columbian buy now, pay later (BNPL) firm Addi has snared $65m in debt and equity funding.
Clara eyes LatAm expansion following $30m Series A
Mexican card and spend management company Clara has closed a $30m Series A round led by DST Global Partners.
Klarna locks out users from services following ‘self-inflicted incident’
Swedish FinTech giant Klarna has suffered a ‘self-inflicted incident’ which has led to around 90,000 users being able to see other people’s accounts.
Does regulation pose a threat to buy now, pay later market growth?
The BNPL market has seen a financial boon in recent years, creating market leading behemoths like Klarna, Affirm and Afterpay – who are all recording strong growth on the back of clear market demand. Could a growing call for regulation in the sector change this?
Biodiversity tool unveiled to help FIs manage extinction, ecological risk
A biodiversity module has been introduced to help financial institutions (FIs) explore to what extent their portfolios may impact species extinction and ecological integrity.
US survey finds majority of investors prize ESG credentials
A survey has found 70% of respondents believe organisations have a responsibility to demonstrate environmental, social and governance (ESG) performance to investors.
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