Daloopa bags $20m from Credit Suisse-led Series A
US data extraction start-up Daloopa has secured $20m in a Series A financing round led by Credit Suisse Asset Management’s NEXT Investors.
Research anticipates quantum computing boom in financial services by 2026
A report has found that sales of quantum computers and related services to the financial services industry will total $450m by 2026.
ProjectPay unveils platform to streamline construction industry payments
UK payment platform ProjectPay has introduced a software-as-a-service (SaaS) platform to help simplify and streamline payments in the building and construction industry.
CSS expands aosphere alliance to integrate data services with investment platform
Compliance Solutions Strategies (CSS) has expanded its collaboration with legal firm aosphere to integrate the latter’s market data services with CSS’ investment monitoring platform.
ECB to examine digital euro potential through two-year investigation
The European Central Bank (ECB) has revealed it is set to begin a two-year long investigation into the possibility of launching a digital euro.
Mastercard, Verizon team to introduce 5G to payments market
Mastercard and Verizon Business have entered a strategic partnership aimed at bringing ‘transformational solutions’ to the global payments and commerce industry.
Climate change risk management platform Climate X secures £1.1m in pre-seed funding
Climate X, which designed financial risk modelling for climate chance, has raised £1.1m in its pre-seed round.
Almost three-quarters of FinTechs see AI as biggest changemaker in next five years
A report by payments technology firm Tribe Payments has found 67% of FinTechs believe AI is the technology that will have the biggest impact on the sector in the next five years.
Electronic IDentification unveils digital solution to simplify onboarding process
Spanish identity software specialist Electronic IDentification (eID) has launched a new solution aimed at building any digital onboarding process within hours.
FCA provides warnings to banks over money laundering failings
The Financial Conduct Authority (FCA) has issued warning letters to retail banks due to ongoing weaknesses and failings around their financial crime controls.