Big Data

Veriff, Monese partner to offer secure digital banking services to Europe

Estonian identity verification firm Veriff has teamed with mobile money app Monese to provide strengthened and secure digital banking services to European consumers.

Study finds central bank digital currencies may trigger stronger forex controls

A study by the Bank for International Settlements (BIS) has discovered the introduction of central bank digital currencies (CBDCs) may lead to greater foreign exchange controls.

China bolsters regulatory oversight with new data security law

China National People Congress (NPC) has passed its first data security law aimed at strengthening the government hand over the data produced and stored in the country.

TreasurySpring secures $10m Series A to strength fixed-term-funds platform

UK FinTech startup TreasurySpring has secured $10m from a Series A funding round.

ABN AMRO develops instant payment tool for gig economy workers

Dutch bank ABN AMRO has created an instant payments service for flexible workers in the gig economy market.

Timex teams with FinTechs to unveil range of contactless payment watches

Watchmaker Timex has partnered with Visa, Tappy and J.P Morgan subsidiary Chase to launch watch straps that can be used to conduct contactless payments.

Credit Sesame secures $51m to bolster financial platform, tackle credit inequality

Credit Sesame has raked in $51m of funding to launch new AI-driven services to help consumers secure easier access to credit and banking services.

SIMON unveils Nationwide as newest member of its InsurTech marketplace

SIMON Annuities and Insurance Services have added insurance and financial services business Nationwide as the newest carrier in its InsurTech Marketplace.

Chubb develops Pay-As-You-Roam travel insurance service

Swiss property and casualty insurance firm Chubb has revealed it is creating a Pay-As-You-Roam (PAYR) travel insurance service.

Car insurance app Noblr to be acquired by USAA

Insurance provider USAA is set to acquire US behaviour-based car insurance company Noblr for an undisclosed fee.

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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