Sector Updates

Sector Updates

Elliptic teams up with LexisNexis to fight bitcoin money laundering

London-based blockchain intelligence startup Elliptic is partnering with risk management firm LexisNexis to bring anti-money laundering (AML) regulations to cryptocurrencies.

Hogan Lovells launches Regulatory Accelerator for FinTech startups

Legal firm Hogan Lovells is launching a Regulatory Accelerator to help UK FinTech startups to understand and navigate the Financial Conduct Authority's (FCA) regulatory regime.

AI will drive FinTech revenues up 960% by 2021

Increasing use of artificial intelligence (AI) will lead to a surge in FinTech revenues over the next five years, according to a new report from Junipur.

Lendio see 86% growth in loans, passes $250m milestone

Online loans marketplace Lendio reported strong growth for Q2 2016, with the value of loans facilitated through the platform increasing by 86% year on year.

Barclays rolls out voice-recognition security

Barclays is rolling out voice-recognition security to all its personal banking customers, eliminating the need for passwords and improving protection against fraud.

Azimo integrates with Facebook Messenger

International money transfer startup Azimo in integrating its service into Facebook Messenger to allow senders and receivers to connect through the social network of 1.65bn users.

IBM Reportedly planning acquisition of point-of-sale business Revel

IBM is reportedly planning a re-entry into the point-of-sale (POS) space. According to Bloomberg the firm is in discussions to acquire iPad-based POS company Revel Systems.

Thompson Reuters joins R3 Blockchain Consortium

Thompson Reuters is the latest company to join a consortium of institutions, headed up by New York fintech firm R3, dedicated to developing use cases for the blockchain technology in financial markets.

Axial grabs U$14m to match private companies with investors and buyers

Axial, a New York-based online capital marketplace, has raised $14m in its Series C round. The company's platform is designed to match private companies...

News Stories

dacadoo launches new health engagement service for insurers

dacadoo, which builds digitalisation services for the healthcare space, has released a new digital health engagement platform to meet changing demands of insurance customers.

“Extortion scheme”: Afterpay and Klarna engage in war of words

Klarna and Afterpay are butting heads as market competition is getting fierce across the globe.

Backbase launches next-generation platform and new enhanced services

Engagement banking technology developer Backbase has launch its next-generation platform and its enhanced Backbase-as-a-service.

Sequoia Capital’s Michael Moritz named new Klarna chairman as company prepares for IPO

Klarna has hinted that it's preparing to go public soon and now the founder is saying the new chairman will be a huge help in that.

TRAXX Payments has enlisted Acuant’s KYC solutions

Payment processing provider TRAXX Payments has tapped identity verification business Acuant to create a seamless digital know your customer (KYC) process for its clients.

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