Tag: Banking

Number of millennials falling victim to scams designed to trick people into handing over cash to fraudsters is rising more than any other age group, according to a study from Lloyds Bank.

OneConnect, an affiliate of Ping An Insurance, will offer its FinTech software-as-a-service (SaaS) to the European market via finleap in a new partnership.

Bitwala has released bitcoin banking for mobile phones, giving consumers the power to open a German bank account with an integrated bitcoin wallet and trading via their smartphone.

Challenger banks Radius Bank and NorthOne have formed a partnership to support small businesses, freelancers, and startups.

Bond Financial Technologies, which is streamlining the integration between brands and banks, has closed a $10m investment.

Lunar Way, a Denmark-based challenger bank, has netted €26m in a new funding round and received its European banking licence from the Danish Financial Supervisory Authority.

Ascensus, which provides retirement savings technology, has acquired Beneco for an undisclosed amount.

ScaleFactor, a smart finance and automated accounting platform, has netted $60m in its Series C round led by Coatue.

London Stock Exchange Group has agreed to buy Refinitiv in a $27bn deal with a Blackstone-led consortium and Thomas Reuters.

A group of Republicans have pushed banking regulators to adjust several regulatory relief proposals and make them more lenient.