Sector Updates

Loyalty fraud incidents are on the rise

Loyalty fraud has seen a sharp rise in 2019, with the number of incidents increasing by 89% compared with last year.

OTP Bank launches its third later-stage startup partner programme for FinTechs and RegTechs

Financial service provider OTP Bank has opened its application process for the latest batch of its later-stage startup programme.

The National Australia Bank aims to boost cyberdefences for SMEs with new toolkit

The National Australia Bank (NAB) has released a new tool kit to give small businesses guidance and advice on common cyber threats.

Smartlands is going to the States through partnership with IIP Securities

British digital tokenization firm Smartlands is looking to jump across the pond thanks to its partnership with IIP Securities, a banking consultancy.

Divido teams up with Splitit for monthly instalment payments

Divido, a point of sale financing platform, has partnered with Splitit Payments to offer instalment payment services to customers.

GoFundMe launches new free fundraising platform for charities

Charities have just received another way to raise money as GoFundMe rolls out its latest feature.

DealerPolicy expands into two more US states

DealerPolicy, an insurance solution for car dealers, has expanded into two more US states this month.

Ascent adds three UK regulators to its compliance management system

Ascent, a compliance automation platform, has added three new UK regulators to its compliance management ecosystem.

Whistleblower claims Deutsche Bank took years to alert authorities about Danske Bank’s suspected money...

Despite a whistleblower flagging suspicious transactions five years ago, Deutsche Bank allegedly waited until February this year to disclose one million suspect money transfers it did for Danske Bank.

HSBC has unveiled its plans to compete with challenger banks

Incumbent HSBC is planning to compete with new challenger banks by overhauling its First Direct brand.

News Stories

How to identify the best ESRS solution for you

How to identify the best ESRS solution for you

The European Sustainability Reporting Standards (ESRS), which came into effect at the start of the year, brings significant changes to Environment, Social and Governance (ESG) related reports. The regulation brings new reporting requirements that can easily become complex if not using the right tools. The question is, what are the hallmarks of a good ESRS tool?
SAVR secures strategic backing from Incore Invest to enhance Nordic investment platforms

SAVR secures strategic backing from Incore Invest to enhance Nordic investment platforms

Incore Invest, a European investment firm known for supporting emerging FinTech ventures, has increased its investment in SAVR, a trailblazing FinTech company based in Sweden.
CUBE

CUBE bolsters regulatory expertise through Reg-Room acquisition

CUBE has announced its acquisition of Reg-Room, a prominent regulatory intelligence provider catering to the financial services sector.
Apis Growth Fund I celebrates successful exit from PayTech Adumo

Apis Growth Fund I celebrates successful exit from PayTech Adumo

Apis Growth Fund I, a private equity fund managed by Apis Partners, a UK-based asset manager, will have fully exited its position in South African merchant acquirer Adumo following Adumo’s acquisition by South African FinTech Lesaka Technologies, announced yesterday.
Numeric secures $10m in Seed funding to revolutionise accounting automation

Numeric secures $10m in Seed funding to revolutionise accounting automation

Numeric, an AI-powered accounting automation firm based in San Francisco and New York, has successfully secured $10m in a Seed funding round.

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