Howden launches sustainable underwriter, plans $500m raise
International insurance broker Howden has introduced Parhelion Underwriting with the aim of raising $500m after it was seeded by Howden.
Lunar eyes accelerated digital banking roll-out following €210m Series D
Danish challenger bank Lunar has secured €210m from a Series D funding round led by Heartland.
ESMA slaps €408,000 penalty on derivatives firm due to EMIR data breaches
The European Securities and Markets Authority (ESMA) has fined DTCC Derivatives Repository for seven breaches of the European Market Infrastructure Regulation (EMIR).
What last week’s 31 FinTech investments means for the PayTech sector
Out of the 33 FinTech funding rounds we reported on last week, PayTech companies and lending enterprises were the clear winners.
What are the money laundering and fraud concerns around electronic funds transfers?
As more and more people rely on cashless systems to move money around, there is a pressing need to understand how electronic funds transfers (EFTs) – specifically – wire transfers and automated clearing house (ACH) transfers – could be at risk from financial crime.
EU plans to introduce AML authority following financial crime uptick
The European Commission has announced plans to create a new Anti-Money Laundering Authority (AMLA) following a flurry of recent financial crime scandals.
Quantexa unveils latest version of risk detection tool to aid financial crime fight
Data and analytics software company Quantexa has introduced the latest updated version of its contextual monitoring and investigations solution Quantexa Syneo
Study anticipates over half of global population to use mobile wallets by 2025
A study by US mobile payments firm Boku gr has found that more than one in two people globally will use a mobile wallet by 2025.
FinTech fidomoney unveils business account offering in UK market
York-based FinTech startup fidomoney has launched its business current account service to consumers in the UK.
Cyber insurance market to exceed $20bn value by 2025, report finds
A report by GlobalData has found the cyber insurance industry is predicted to exceed a $20bn gross written premium (GWP) value by 2025.
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