Sector Updates

UpGuard locks down $17m for cybersecurity insurance

Australian insurance firm IAG has invested in Sydney-founded cybersecurity firm UpGuard $17m Series B round.
fintech insurtech wealthtech regtech ai cybertech esg news

DailyPay scores $5m for on-demand economy payments

DailyPay, a New York startup that allows on-demand businesses to offer employees or contractors daily payments, has raised $5m in a Series A round of funding.
fintech insurtech wealthtech regtech ai cybertech esg news

Open Agent pockets $12m for estate agent platform

Open Agent, a Sydney-based PropTech startup connecting sellers to estate agents, has raised $12m in a new funding round.

East Africa experiences crowdfunding boom as global growth continues

Kenya, Rwanda, Tanzania and Uganda are leading the crowdfunding boom in Africa, seeing growth rates of 112% to 312%.

Trulioo upgrades AML offering to help banks battle financial crimes

Canadian ID verification company Trulioo has enhanced its global anti-money laundering (AML) capabilities to help banks cope with stricter regulation and higher costs.

Avant secures $255m and $392m deals for online loans

Online lender Avant is unveiling a $255m asset-backed securitisation deal with investment banks, as well as a renewal of its $392m warehouse facility deal

Standard Charted rolls out biometric technology

Standard Chartered is rolling out a suit of biometric technologies across Asia, Africa and the Middle East.

Onfido grabs fresh funding from Salesforce Ventures

London-based identity and background checking startup Onfido has raised a new round of venture funding.
fintech insurtech wealthtech regtech ai cybertech esg news

NYMBUS swipes $12m for core banking technology

NYMBUS, a core processing platform for banks, has raised $12m in new funding.
fintech insurtech wealthtech regtech ai cybertech esg news

US Payments Forum demystifies EMV migration

The US Payments Forum has updated the minimum requirements guide for the deployment of EMV technology for all companies looking to transition.

News Stories

Crypto

The new standard for digital wealth

Picture an all-too-common scenario. A high-net-worth individual sells part of his crypto holdings. The profits are transferred to his bank account. But what then...
Why AI overlays are failing AML compliance

Why AI overlays are failing AML compliance

Legacy AML platforms are creaking under the weight of modern financial crime pressures and Napier AI warns that bolting AI onto broken foundations will...
KYCP's smart alerts cut KYC noise at the source

KYCP’s smart alerts cut KYC noise at the source

In the increasingly complex world of compliance and know-your-customer (KYC) operations, alert fatigue is a genuine operational hazard. Too many notifications, particularly irrelevant ones, can...
EXANTE: US-China trade thaw tests Trump's economic legacy

EXANTE: US-China trade thaw tests Trump’s economic legacy

In this week's global macro briefing from EXANTE, two seismic developments dominated the financial landscape: Donald Trump's high-stakes visit to Beijing and the Senate's...
Luminor bets on cloud to future-proof Baltic payments

Luminor bets on cloud to future-proof Baltic payments

Baltic bank Luminor has completed a significant step in its cloud transformation strategy, migrating its core payment services onto Tieto Banktech's Payments as a...

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