Q2 Holdings, Plaid partner to simplify bank account connection services for customers

Q2 Holdings has launched a strategic partnership with open banking platform Plaid to offer customers a secure way to connect accounts to apps and services.

Banking startup Kernolab inks $1m in pre-seed funding

Lithuanian FinTech Kernolab has raised $1m in a pre-seed funding round headed by venture capital firm Lighthouse Ventures.

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.

News Stories

FCC chair calls for new policies around telecom data breach reporting

The chairwoman of the Federal Communications Commission (FCC) Jessica Rosenworcel has called for new policies around telecom providers’ reporting of data breaches.

UK’s Payment Systems Regulator releases 5-year plan

The UK’s Payment Systems Regulator has released its five-year plan to support the payment services.

Investing app Seashell launches from stealth after seed close

Seashell, which hope to create a consumer-first modern banking and investment platform, has launched from stealth after the closed of its seed round.

The PRA underlines 2022 supervisory priorities for international banks in the UK

The Prudential Regulatory Authority (PRA) has set out in a Dear CEO letter its supervisory priorities for international banks active in the UK for 2022.

The EBA issues new guidelines for resolvability

The European Banking Authority (EBA) has given institutions and authorities a 2024 deadline for new resolvability guidelines.

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