PayPal audited by AUSTRAC for money laundering and terrorism funding compliance concerns
Australia’s top financial services watchdog has ordered PayPal to submit to an external audit after expressing concerns that it had been fully compliant with money laundering and terror laws.
HSBC introduces Quantexa’s contextual data approach to weed out fraud and detect financial crime
HSBC has beefed up its financial crime detection system by deploying Quantexa’s contextual big data solutions.
Revolut picks BearingPoint RegTech to help it comply with regulations post-Brexit
Payments unicorn Revolut has taken another step to prepare for Brexit by picking BearingPoint RegTech’s Abacus360 Banking solution.
Mishi Pay said to raise £3.5m in new funding round
Mobile self-checkout service Mishi Pay has reportedly raised £3.5m in its Series A round.
Mexican challenger bank Klar raises $57.5m seed to support product launch
Klar, a Mexico-based challenger bank, has raised $57.5m in a round comprised of seed funding and debt financing.
Seven key cybersecurity challenges businesses struggle with right now
From controlling gaps in their security infrastructure to getting a real-time overview of the risks, cybersecurity executives have no shortage of worries.
Verafin raises CAD $515m in a mixture of equity and debt recapitalization
Verafin, a financial crime management software company, has collected CAD $515m ($388m) in a mix of equity and debt recapitalization.
WealthTech scaleup Moneyfarm raises £36m Series C funding round and teams up with Poste...
Moneyfarm has just announced the closure of a £36m Series C funding round as the WealthTech scaleup signs a partnership with Poste Italiane, the Italian postal and financial services firm.
Fidel closes its first “major” funding round to support its growth plans
Fidel, a provider of real-time payment data, has closed an $18m Series A, marking the startup’s first major round.
Kreditech eyes international expansion after €20m investment
German online lender Kreditech is looking to scale globally after the close of a €20m equity financing round.
© FinTech Global © Copyright 2024. All rights reserved.
