Token driving UK open banking payments expansion, research finds

Market share statistics by CMA9 – the nine largest UK banks – has found open banking platform Token is driving the adoption of open banking payments in the country.

Goldman Sachs, Fiserv team to unveil B2B payments facility

US FinTech firm Fiserv and Goldman Sachs have introduced their first product offering from its ongoing strategic partnership.

App Radar study reveals top ten financial investing apps gaining popularity in the UK

An analysis of the investment app market ranked the top ten UK apps which have gained an estimated 1.6 million more users in total since March 2020.

Thunes purchases Limonetik to speed-up global payment collection roll-out

Singaporean cross-border payments firm Thunes has acquired European payment methods platform Limonetik for an undisclosed fee.

South African InsurTech Ctrl rakes in $2.3m investment

Short-term insurance advice provider Ctrl has secured a $2.3m investment from business funder Naspers Foundry.

Bolttech bolsters market reach with I-surance acquisition

Singaporean InsurTech Bolttech has purchased European business-to-business-to-consumer fellow InsurTech I-surance for an undisclosed fee.

What do wealth managers really think of life in the front office?

A research report by Wealth Dynamix and Compeer has provided insights into how front office professionals view the client lifecycle management process.

Alessa whitepaper outlines key crypto know-how for financial institutions

Alessa by Tier 1 Financial Solutions has published a whitepaper detailing how financial institutions (FIs) can deal with the cryptocurrency market and manage its associated risks.

Varo Bank taps Quantifind’s AI platform for adverse screening, automated investigations

Varo Bank has selected financial crime investigation firm Quantifind’s Graphyte platform to optimise its adverse media screening and investigations automation performance.

PayTech Currencycloud set to be acquired by Visa in $700m deal

Visa has entered an agreement to purchase cross-border payments technology provider Currencycloud for a total of $700m.

News Stories

Microsoft underlines heightened concern from call centre ransomware scheme

Microsoft has claimed a ransomware campaign employing bogus call centers to trick victims into downloading malware may be more dangerous than previously thought.

Crypto banking platform Matrixport hits unicorn status

Matrixport, which claims to be one of Asia’s fastest growing digital asset platforms, has joined the unicorn club, after it closed a Series C round.

Flood insurance firm reThought Insurance bags Series A funding

reThought Insurance, a digital MGA aimed at the flood insurance market, has closed its Series A round on $15.5m.

India unveils new digital currency, Nigeria eyes e-currency launch in October 2021

India has introduced the e-RUPI, which is a cashless and contactless digital payment system to support the global shift towards digital payments.

Amazon slapped with record $887m fine for data privacy breach by EU agency

Amazon has been issued with a fine of $887m by a European privacy watchdog for breaching the bloc’s data protection laws.

Find out how a risk-based approach to cybersecurity can reduce costs and increase compliance

Last year large-scale breaches increased by 300%

Essential training, knowledge and forward-thinking 

in RegTech

Enroll today and get 25% OFF the Professional RegTech Certificate

120,000+ FinTech leaders get exclusive industry stories delivered every week