Algbra banks £3.75m to become ‘Nandos of FinTech’ and tackle financial exclusion

Algbra raised £3.75m in fundraising backed by SFC Capital, British Business Investments and New World Group in a bid to close the racialised wealth and social gap.

Terrorism funding worries expected to grow the AML market to a worth of $3.6bn...

By 2024, the global anti-money laundering market is expected to double, according to new research from MarketsandMarkets, the research firm.

Half of security professionals say their organisations had no Covid-19 contingency plans

New research suggests that security companies were unprepared for events like the coronavirus.

Raisin UK, Starling partner to improve consumer savings

Online savings marketplace Raisin UK has formed a partnership with Starling Bank to improve customer experiences and access to better interest rates.

MarketFinance receives £10m grant to issue more loans

MarketFinance, which helps businesses access working capital and finance, has secured a £10m grant, shortly after it received a £50m loan from Viola Credit. The...

The key regulatory challenge facing the financial industry that you should know about

Regulators are striving to strike a balance between ensuring data security and privacy, and facilitating cyber compliance. As policy-makers attempt to develop a regulatory framework for a safer digital environment, financial firms must appropriately navigate the industry’s everchanging environment.

US teams with Singapore to tackle cybersecurity, sustainable finance challenges

The US and Singaporean governments have entered into a new cooperation agreement to partner in the key areas of cybersecurity, the economy and the climate.

Stripe-backer TrueBridge Capital Partners closes $190m fund

Over the years, TrueBridge Capital Partners has invested in companies like Stripe, Uber and Airbnb. Now it is looking for the next generation of unicorns to support with its new $190m fund.

DNSFilter hauls in $30m Series A to fight DNS threats with AI

Washington, DC-based provider of DNS content filtering and threat protection solutions, DNSFilter closed a $30m series A funding round led by investment firm Insight Partners.

FWD Philippines improves digitalisation through new partnership deal

Insurance firm FWD Philippines has reportedly agreed to leverage UnderwriteMe’s technology to boost digitalisation.

News Stories

UBS issued $500,000 fine from CFTC

The Commodity Futures Trading Commission (CFTC) has issued a $500,000 fine to UBS for alleged violations of audio recording regulations.

How onboarding is hindering client experience

A recent blogpost by MyDocSafe has detailed how the onboarding process within wealth management is impacting the client experience through its complexity.

ESMA publishes paper setting out plans to change MiFID II reporting requirements

The European Security and Markets Authority (ESMA) has invited firms to comment on its consultation paper seeking to make reporting requirements changes under MiFID II.

Hiro rebrands as it gears up for international expansion

Hiro, which aims to transform insurance into being prevention-first, has rebranded as Locket as it gears up for international growth.

Banking API provider M2P Fintech picks up $35m Series C

India-based M2P Fintech has secured $35m from a Series C funding round led by US investment firm Tiger Global.

See how insurance firms can use it to personalise their offering

Did you know that by 2025, almost 30% of all data created, captured, or replicated by consumer devices will be created in real-time.

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