Big Data

Satori, which cites itself as the world’s first DataSecOps platform, has closed its Series A round on $20m.

X-Margin, which offers credit scoring and risk monitoring services to financial institutions, has secured $8m in its Series A funding round.

Mastercard has agreed to acquire cryptocurrency intelligence and blockchain analytics firm CipherTrace for an undisclosed fee.

Canoe Intelligence, which is improving data management for wealth and asset managers, has extended its Series A funding round.

Nuula, which helps companies manage their cashflow, has collected $120m in a funding round comprised of debt and equity.

With the competition of AI solutions becoming more heated, FinTech Global has named the 100 most innovative companies that are helping to transform the financial services space.

Prior to the Covid-19 pandemic, the insurance sector was already a highly competitive space. Now, with more demand than ever for insurance, the market is going into overdrive.

The embedded finance market is currently going from strength to strength. Thanks to companies like PayPal and Klarna, many non-financial institutions are integrating financial services into their platforms. As the sector continues to expand, how can traditional banks compete?

Investment analytics platform Aumni has closed its Series B round on $50m to help it increase its customer base.

A OneSpan blogpost has underlined how financial institutions (FIs) can compete in the mobile banking sector following the shifts brought about by the Covid-19 pandemic.