Sector Updates

Taiwan’s FSC unveils new data sharing guidelines for financial institutions

Taiwan’s Financial Supervisory Commission (FSC) has introduced new data sharing guidelines.

Human capital platform Justworks goes public

Justworks, a cloud-based software platform that gives small and medium-sized businesses access to benefits, payroll, human resources, and compliance support, has launched its initial...

FloodMapp integrates with Waze for flood resilience

ClimateTech FloodMapp is teaming up with navigation app Waze, to integrate its forecast flooding technology to help drivers avoid flooded roads in real time. FloodMapp's...

Goldman Sachs-owned Human Security rakes in $100m

Anti-bot and fraud detection company Human Security has concluded a $100m funding round led by WestCap.

The five biggest compliance failure fines of 2021

As another challenging year comes to an end, the task for organisations to remain compliant in new working environments is still ongoing. Despite firm efforts by many to avoid penalties, some institutions were unable to duck fines last year. Here are the top five compliance failure fines from the year of 2021.

Nationwide hit with another payment outage

Nationwide Building Society has temporarily suspended inbound payments due to extremely high volumes of transactions on the first working day of the year, as revealed on Downdetector.

Could 2022 be another dangerous year for business cybersecurity?

With the last two years witnessing a vast global move online due to Covid-19 restrictions, cybersecurity is rapidly climbing up the agenda of important priorities for companies. Going into 2022, will we see cybersecurity become a more important priority than ever?

ESMA seeks comments on distributed ledger technology usage

The European Securities and Markets Authority (ESMA) has asked for evidence on distributed ledger technology (DLT) and their usage.

Chinese tech giant Tencent joins Monzo backers

Chinese tech company Tencent has taken a small stake in online bank Monzo, as part of a $100m top-up following its recent $500m funding round led by Abu Dhabi Growth Fund, a report from Sky News has revealed.

Supply chain traceability platform Verofax scores pre-Series A round

Verofax, an asset digitalisation and traceability solutions provider, has received a $1.5m pre-Series A funding round.

News Stories

XTCC pioneers first Shariah-compliant carbon credit investment ecosystem

XTCC pioneers first Shariah-compliant carbon credit investment ecosystem

XTCC, an investment ecosystem that specialises in high-integrity carbon credits, has announced the launch of the first Shariah-compliant multi-currency asset class for high-integrity carbon credits.
Normative launches new carbon reduction tools

Normative launches new carbon reduction tools

Normative, a pioneering enterprise carbon platform, has unveiled a new suite of features aimed at enabling businesses to effectively manage and reduce their carbon...
Incredible bags $1m pre-seed funding to revolutionise credit management

Incredible bags $1m pre-seed funding to revolutionise credit management

Incredible, the London-based FinTech startup, has recently secured $1m in pre-seed funding aimed at enhancing consumer credit management.
Koodoo and Resistant AI team up to boost document security

Koodoo and Resistant AI team up to boost document security

Koodoo, an AI-powered technology provider specialising in financial services, has announced a strategic partnership with Resistant AI, a leader in Document Forensics technology.
BimaPay secures $2m funding to revolutionise insurance technology in India

BimaPay secures $2m funding to revolutionise insurance technology in India

BimaPay Finsure has successfully secured a funding boost of $2m, orchestrated by LC Nueva Investment Partners, according to a report from the Hindu Business Line. 

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