RegTech

UnderPinned partners with Digital Risks and Finmo

Freelance career platform UnderPinned has signed a partnership with InsurTech company Digital Risks and freelance accounting platform Finmo.

Ernst & Young and its partners fined $10m in SEC probe of bid violations

Ernst & Young LLP to pay $10m to settle a regulatory investigation into allegations that it improperly obtained confidential information in pursuit of a contract to audit a public company’s books.

US Bank links with Morningstar to bolster ESG offering

US Bank will leverage Sustainalytics, a Morningstar company and provider of ESG research and ratings, to offer ESG data solutions to its Global Fund Services clients.

Female-led counterfeit-tackling startup SnapDragon Monitoring snags £1.2m

Edinburgh-based SnapDragon Monitoring raised £1.2m in its latest funding round as the firm looks to help brand owners tackle fake products online.

Jumio joins NICE Actimize’s X-Sight Marketplace to assist companies with AML

Digital identity startup Jumio has joined NICE Actimize’s X-Sight Marketplace, an ecosystem designed to assist in financial crime management.

Monad to scale security platform following Index Ventures-led Series A

Security data firm Monad has raised $17m from a Series A funding round led by Index Ventures.

Chargebee gains unicorn status following $125m Series G

US-based subscription management firm Chargebee has raised $125m from a Series G funding round, raising its overall valuation to $1.4bn.

Banks believe London will remain global financial center despite Brexit

A recent Lloyds Bank survey has found that banks believe London will maintain its leading global financial center status despite the regulatory uncertainty posed by Brexit.

Advanced Fraud Solutions releases new account validation tool

Deposit fraud detection software developer Advanced Fraud Solutions has released a new account validation tool for financial institutions.

Cyber insurer Coalition enhances unicorn status with $205m Series E

Cyber insurance and security firm Coalition has raised $205m from a Series E funding round, lifting its valuation to $3.5bn.

News Stories

86% of firms and 74% of consumers embrace instant payments in 2023

A study by the Federal Reserve has revealed trends in the adoption of digital, faster, and instant payment services among firms and consumers in the US.

UK and Singapore renew commitment to FinTech cooperation

The UK and Singapore have reaffirmed their dedication to collaborative efforts in sustainable finance and FinTech innovation.
Front Street Re (FSR), an international InsurTech and reinsurance company under Lexasure Financial Group Limited, has named Edison Fong as its new Chief Executive Officer (CEO).

Front Street Re names Edison Fong as its new CEO

Front Street Re (FSR), an international InsurTech and reinsurance company under Lexasure Financial Group Limited, has named Edison Fong as its new Chief Executive Officer (CEO).

Machine identity startup Token Security raises $7m in seed round

Token Security, a machine identity startup, has secured $7 million in seed funding, signalling a step forward in its mission.
Greenboard

Base10 partners leads $4.5M funding round in Greenboard

Greenboard, a compliance and operations software company for financial services, has announced the completion of its seed funding round, raising $4.5m.

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