Taiwan has granted its first three virtual banking licenses
Line Financial Taiwan, Next Commercial Bank and Rakuten International Commercial Bank are the three first companies to receive Taiwan’s new virtual banking licenses.
Florida regulator seeks financial services modernisation reform
A top financial regulator from Florida is hoping to modernize the state’s policy stance on cryptocurrencies, banking and securities to become more competitive.
PayTech Sokin joins Arsenal Football Club as money transfer partner
UK-based global payments provider Sokin has teamed with Arsenal FC to become its new official money transfer partner.
Reconciliation solution Recko closes its Series A
Recko, an AI-powered reconciliation of digital transactions service, has scored $6m in its Series A round which was led by Vertex Ventures.
Swingvy said to receive a bridge financing round from Aviva
HR and payroll company Swingvy has reportedly received a bridge financing round from Aviva Ventures.
AirNow launches new digital defence brand AiNow Cybersecurity
AirNow Cybersecurity is a new consultancy spun out of AirNow, the tech company specialising in air quality data.
HSBC and Barclays call for ‘shake-up of open banking’ over high costs
UK banks HSBC and Barclays have railed against open banking reforms as the amount they have spent to share customer data with smaller rivals has been 'significantly higher' than original estimates.
TrueLayer bags $1.3m to let devs plug into banks
Connect Ventures led the round for the London-based startup with Graph Ventures and individual angel investors also participating.
Hong Kong could introduce mandatory climate disclosures as early as 2022, HKMA claims
The Hong Kong Monetary Authority (HKMA) is apparently planning to speed up proposals to require financial organisations to disclose their climate change-related financial risks.
Nue.io lands $9m funding for dynamic quote-to-revenue platform
Nue.io, a leading quote-to-revenue platform provider, is creating waves in the FinTech world. The company has announced that it has successfully raised $9m in a seed extension round to help bolster its product offerings and fuel expansion.