Big Data

Getting to grips with the threat of financial crime looms large in the minds of banks, especially as more of the world goes online. Not being able to manage modern financial crime could be terminal for them, but data could be the key to the solution.

Swedish open banking startup Tink is set to acquire German firm FinTecSystems for an undisclosed amount.

German InsurTech Getsafe has partnered with UK-based company comparethemarket.com to provide better insurance policies to UK consumers.

The Hong Kong Monetary Authority (HKMA) has revealed its implementation plan for the third and fourth phases of its Open API Framework.

Redwood Software, which builds cloud-based business and IT process automation solutions, has collected €315m in strategic funding from growth equity investor Turn/River Capital.

Payments juggernaut PayPal has strengthened its partnership with Google Cloud to help it process transactional data at a larger scale.

US edge cloud service provider Zenlayer has closed a $50m Series C financing round led by Anatole Investment.

Canadian FinTech company Nuula has introduced its beta mobile app with a mission to ‘help small businesses succeed’.

Cryptocurrency platform SwissBorg has partnered with payments company OpenPayd to help the former embed a full suite of financial services into its user experience.

Seattle-based financial services company Plunk has concluded a $6.5m seed round led by Unlock Venture Partners. The round also included participation from Sony Innovation...