Mastercard enters agreement to buy crypto intelligence firm CipherTrace

Mastercard has agreed to acquire cryptocurrency intelligence and blockchain analytics firm CipherTrace for an undisclosed fee.

Peter Thiel-backed B2B platform ShopUp inks $75m Series B

Bangladeshi B2B commerce platform ShopUp has secured $75m in a Series B funding round headed by Peter Thiel’s Valar Ventures.

Adflex partners with Signifyd to bolster payment security checks

Business-to-business payments specialist Adflex has teamed with fraud protection company Signifyd to strengthen security checks for its merchant customers.

Green FinTech Sugi unveils carbon-offsetting feature for investments

FinTech startup Sugi has launched a new feature that allows its users to offset the carbon impact of their investments.

Zeidler appoints head of legal team for new Paris office

Technology-driven law company Zeidler Group has named Valentin Chantereau as its head of legal at its newest European office in Paris.

The FSA moves forward with potential new climate risk disclosure regulation

A new regulation by Japan’s Financial Services Agency (FSA) may lead to the introduction of mandatory climate-risk related disclosures by March 2022.

Whitepaper finds almost half of UK consumers have confusion about open banking

A whitepaper by payment service provider Ecommpay has found 48% of all UK consumers have some level of confusion regarding open banking and its uses.

Marsh’s marketing arm acquires family-owned Vaaler Insurance

Marsh McLennan Agency (MMA), the marketing agency subsidiary of global insurance broker Marsh, has purchased Vaaler Insurance for an undisclosed fee.

Sextortion attacks costing victims over $8bn a year, FBI claims

The FBI has claimed sextortion complaints have seen a ‘massive increase’ since the start of 2021, with the total financial losses accounting for over $8m.

Abu Dhabi Islamic Bank unveils Gen Z-targeted banking services

The Abu Dhabi Islamic Bank (ADIB) has introduced Amwali, a new digital banking proposition that will target youths between the ages of 8 to 18.

News Stories

Nucoro makes its platform available through the Finastra FusionStore

Nucoro, a WealthTech100 company, has made its cloud-native platform available for purchase through Finastra’s FusionStore.

Amazon moves into UK business insurance market with Superscript deal

Retail giant Amazon will begin offering insurance to UK SMEs through a partnership with broker Superscript.

BaaS platform Swan inks $16m funding to extend global footprint

Banking-as-a-service (BaaS) platform Swan has snared $16m in equity funding from venture capital firm Accel.

Cybersecurity company SenseOn closes Series A on $20m

SenseOn, an AI-powered threat detection and cybersecurity platform, has raised $20m in its Series A funding round.

CFTC slaps Citibank with $1m fine for violating swap dealer regulation

The Commodity Futures Trading Commission (CFTC) has imposed a $1m fine on Citibank and Citigroup Global Markets for failing to comply with certain swap dealer requirements.

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