OpenPayd launches InstantFX offering real-time FX
Banking service provider OpenPayd has launched InstantFX, a foreign exchange product providing clients with real-time trading said to out an end to the need for batch processing.
GoBear sacks a tenth of its workforce because of Covid-19
Singapore-based FinTech GoBear is having a year of ups and downs, having raised a $17m round in May and it now announcing that it has axed roughly 11% of its workforce.
SEC sues investment advisers for allegedly misrepresenting its services
The Securities and Exchange Commission has filed an emergency action against Florida-based investment adviser Coral Gables Asset Management because of an alleged fraudulent offering.
userlane said to secure €10m in a Series B round
Digital adoption software platform userlane has reportedly secured a €10m Series B round to support its European expansion.
EY reportedly warned Wirecard that a KPMG audit lacked “context”
New reports suggest that Ernst & Young might have stepped in before KPMG published its independent audit of the collapsed FinTech giant Wirecard
Why the coronavirus cybersecurity boom won’t last
Cybersecurity companies may have benefited from the shift to remote working caused by Covid-19, but the growth of the market could be about to slow down as businesses tighten their IT budgets.
Mobile phone phishing scams jumped by 37% in the first quarter of 2020
Hackers are targeting smartphones more and more as they launch phishing scams to gain accesses to companies' digital infrastructure, according to cybersecurity company Lookout.
Prospa shares jump 25% after being granted access to the Australian government SME Guarantee...
FinTech Propsa has been granted access to the federal government SME Guarantee Scheme and the markets seem to celebrate the stability this will mean for the company during the COVID-19 crisis.
MAP FinTech launches AI-powered solution to boost anti-money laundering compliance
RegTech venture MAP FinTech has unveiled its latest solution to help financial services firms monitor and screen transactions in order to prevent money laundering.
Admiral Markets partners with identity verification companies Onfido and GetID
Internet trading company Admiral Markets has entered into a partnership with identity verification companies Onfido and GetID. M
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