RegTech

Ping Identity rumoured to be targeting a valuation of up to £3bn as it...

American Ping Identity has filed for an initial public offering expected to raise $100m and make the company hit a valuation of up to $3bn.

30 million payment cards could have been compromised in Wawa breach

Wawa revealed in December that payment data on the customers who visited the US retailer’s 850 locations could have been compromised in a hack.
RegTech

The challenges ahead: what do RegTechs need to watch out for in 2024?

FinTech Global spoke to the change-makers in the RegTech industry to understand the possible challenges and opportunities this year.

Payments NZ releases first API standard for payments

Payments NZ has released its first API standards for banks and third-parties, leading the way for open banking frameworks and improved innovation.
AML

Harnessing data retention for enhanced AML compliance strategies

In the battle against money laundering, the significance of data retention in anti-money laundering (AML) compliance is often underestimated. It serves as a fundamental...
fintech insurtech wealthtech regtech ai cybertech esg news

Dynamo Software acquires data, reporting company HoldingsInsight

Investment management platform Dynamo Software has acquired data capture and reporting solution HoldingsInsight.

RegTech scaleup Ascent has bagged $19.3m in a new Series B funding round

Ascent, the enterprise using tech to boost compliance, has just announced a $19.3m funding round led by Drive Capital, the venture capital firm that has previously invested in InsurTech company Root Insurance among other businesses.
cyber

President Biden eyes ramped up cyber spending in 2024 budget

The White House has published its $6.9tn budget proposal for fiscal 2024 and has the aim to increase cyber spending.
BlueVoyant

BlueVoyant bags $140m Series E and snaps up cybersecurity firm

BlueVoyant, a cyber company known for illuminating, validating, and mitigating internal and external risks, has raised $140m in investment. 

First-party fraud is now 50% more common than third-party fraud

First-party fraud, or “friendly fraud”, is now 50% more common than third-party fraud, according to a report from Fraud.net.

News Stories

AkkenCloud and Immediate team up to revolutionise pay cycles in staffing industry

AkkenCloud and Immediate team up to revolutionise pay cycles in staffing industry

AkkenCloud, a leading innovator in the Staffing Industry known for its advanced automation and AI-driven solutions, has announced a groundbreaking partnership with Immediate, a forward-thinking provider of pay access solutions.
Marqeta powers Rain's new debit card for seamless wage access

Marqeta powers Rain’s new debit card for seamless wage access

Marqeta, a global modern card issuing platform, has partnered with Rain, a financial wellness benefits provider that assists companies in giving employees greater control over their finances.
Tiller Technologies and HSBC Expat join forces to launch digital ID verification

Tiller Technologies and HSBC Expat join forces to launch digital ID verification

Tiller Technologies, a leading RegTech company, has teamed up with HSBC Expat, a branch of HSBC Bank specialised in services for expatriates, excels in offering tailored banking solutions across the globe.
FinTech funding activity flourished this week as deals were completed on all corners of the globe, with a total of $694.5m raised over 19 tranches.

FinTech funding flourishes amid diverse week for deal activity

FinTech funding activity flourished this week as deals were completed on all corners of the globe, with a total of $694.5m raised over 19 tranches.
Klarna and Milkywire team up to expand Nature Transformation Fund for global biodiversity

Klarna and Milkywire team up to expand Nature Transformation Fund for global biodiversity

Klarna, an AI-powered global payments network and shopping assistant, and Milkywire, an environmental impact platform, have launched the Nature Transformation Fund.

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