Big Data

Galytix nets funding as it looks to build R&D team in Czech Republic

Galytix, an AI-powered FinTech that integrates data ecosystems for global financial players, has closed a fresh batch of funding, alongside the appointment of a new COO.

ECB stress test reveals potential climate peril for European banks

A climate stress test by the European Central Bank (ECB) has found firms based in areas most open to physical risk could see their creditworthiness impacted by climate change.

40% of financial institutions could take a decade to implement open banking

A survey by open banking platform Tink has found that four in ten executives believe it will take their organisation between 5-10 years to fully implement open banking.

Emerging markets set to lead mobile wallet uptake by 2025

A global study by Boku has found that emerging markets in Latin America and Africa and the Middle East are set to see the largest uptake in mobile wallets by 2025.

Amberdata nets $15m as it sets its eyes on international growth

Amberdata, a data and insights platform for blockchain networks, has closed its Series A on $15m as it looks to expand in the US.

World’s first DataSecOps platform Satori closes Series A

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

X-Margin scores $8m in its Series A

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

Mastercard enters agreement to buy crypto intelligence firm CipherTrace

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

Data management platform Canoe Intelligence extends its Series A

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

Nuula raises $120m in funding comprised of debt and equity

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

News Stories

How purpose-built AI is transforming compliance from detective controls into preventive controls

As AI rewrites the playbook for financial crime and conduct risk, Behavox founder and CEO Erkin Adylov explains how purpose-built models are shifting compliance...
FinTech

Over $1.1bn raised across funding raises in red-letter week for FinTech

There was over $1.1bn raised across 23 deals this week in the FinTech sector, one of the most powerful weeks for raises seen so...

Ortec Finance’s GLASS PRISM targets insurance portfolio optimisation

Ortec Finance has unveiled GLASS PRISM, a next-generation strategic asset allocation (SAA) optimisation tool designed specifically for insurance asset managers.
crime

Why real-time intelligence sharing is now a legal must

A decade ago, the notion of regulated financial institutions exchanging crime intelligence in real time felt far-fetched. Legal barriers loomed large, trust between banks...
LSEG launches real-time vessel tracking API

LSEG launches real-time vessel tracking API

London Stock Exchange Group (LSEG) has unveiled a new Vessel Tracking API, developed in collaboration with satellite operator Kinéis and Wood Mackenzie Vesseltracker, offering...

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