Barclaycard’s early data finds that SCA has not had any bad impact, yet
The new strong customer authentication (SCA) rules snapped into force this weekend. However, Barclaycard has so far not seen any an increase of abandoned transactions or declined payments.
FairPlay partners with FS Vector to introduce fair lending to more financial service firms
FairPlay, the world's first Fairness-as-a-Service company, is announcing a new partnership with FS Vector, in a bid to introduce fair lending to more financial service firms.
Snowflake hits $12bn valuation after fundraise
Cloud data platform Snowflake has upped its valuation to a colossal $12.4bn, putting it into the decacon category.
UK implements protections for physical cash
The UK Financial Conduct Authority has new powers over the UK largest banks and building societies to ensure cash withdrawal and deposit facilities are available to communities across the country.
InfoCert buys 16.7% stake in German identity platform Authada
InfoCert, which claims to the biggest European Certification Authority, has acquired 16.7% of Germany-based digital identity platform Authada.
The 22 FinTech rounds from the last week you must know about
After the Easter long weekend, our weekly roundup of the big FinTech trends from the past seven days is all you need to keep yourself updated on what’s happening in the industry.
Huobi introduces VC subsidiary with $100m backing
Seychelles-based blockchain technology firm Huobi Group has launched a subsidiary aimed at growing its venture investment portfolio.
Munich Re to increase cyber cover prices
Munich Re Group, a provider of reinsurance, primary insurance and insurance-related risk solutions, is reportedly to increase its cyber cover prices in Germany and Europe.
Global money laundry fines totalled $8.14bn in 2019
From: RegTech Analyst
The number of money laundering fines around the world doubled in 2019, according to new research from Encompass, the RegTech startup.
The company found...
Goldman Sachs empowers Starling Bank with £50m injection
Goldman Sachs’ Growth Equity has invested £50m into the UK’s leading digital bank Starling.
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