Revolut picks BearingPoint RegTech to help it comply with regulations post-Brexit

Payments unicorn Revolut has taken another step to prepare for Brexit by picking BearingPoint RegTech’s Abacus360 Banking solution.

Majority of FinTech customers happy to switch back to traditional institutions

A majority of FinTech customers would happily use a traditional bank (66 per cent) or insurer (61 per cent) that offered similar services and pricing as a neobank or InsurTech rival, a study from Oliver Wyman claims.

CanDeal completes ownership restructuring

Canada-based electronic market for institutional investors CanDeal has revealed an ownership restructuring.

Addleshaw Goddard names the 6 FinTechs to join 2018 AG Elevate

Addleshaw Goddard has named the six FinTechs that have been picked for its 2018 'AG Elevate' programme.

Kinsu to close down InsurTech app

Kinsu – an InsurTech for gadgets, bikes, and home content coverage – has announced that it is closing down its mobile app. The start-up has...

Nium pens deal to power cross-border payments for Cambodia’s PhillipBank

Singapore-based cross-border payments startup Nium has signed a deal to power cross-border payments for the clients of PhillipBank, one of Cambodia’s growing banking group.

Money laundering reports are on the rise in the UK

The UK’s National Crime Agency has received a record number of reports related to suspected money laundering attempts.

Challenger bank Cogni raises $5.4m seed round and gears up for Q4 launch

Cogni, the online-only bank, has completed a $5.4m seed round to fund the launch of the business with the last quarter of 2019.

SafetyWing partners with Eddy Travels to support medical cover when abroad

Digital travel medical insurance platform SafetyWing has formed a partnership with Eddy Travels.

Even Financial acquires Birch Finance to support new credit card solution

Financial services API developer Even Financial has acquired Birch Finance, a personal finance app.

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