Banking Infrastructure

FairMarkIT closes its first round of funding

Tail spend management company FairMarkIT has raised its first round of funding, closing on an undisclosed amount.
fintech insurtech wealthtech regtech ai cybertech esg news

Kooltra raises CAD $6.5m in funding to support expansion plans

Kooltra, a platform helping financial institutions to automate foreign exchange operations, has bagged CAD $6.5m ($5m) in funding.

ESMA releases preliminary findings on withholding tax reclaim schemes

The European Securities and Markets Authority (ESMA) has released a report outlining its preliminary findings on multiple withholding tax (WHT) reclaim schemes.

Banking app Monese and cross-border deposits marketplace Raisin launch new service

Monese Savings is the new brainchild born out of a collaboration between Monese, the banking app, and Raisin, the cross-border deposits marketplace.

Visa partners with TrueLayer and contributes to the open banking API startup’s $35m Series...

London-based TrueLayer has just received a major vote of confidence for its open banking API platform.

Practifi collects AUS $24m in Series B as it looks to grow international presence

Business management platform Practifi has scored AUS $24m ($16m) in its Series B round which was led by Updata Partners.

Avaloq to provide securities technology to apoBank

Core banking software developer Avaloq has been selected by German bank Deutsche Apotheker- und Ärztebank eG (apoBank) to improve its securities settlement.

Pannovate enlists Salt Edge’s customer authentication services

British payment and digital banking technology venture Pannovate has partnered up with Salt Edge, the customer authentication company, to provide clients with a smooth way of launching regulatory compliant banking and payment services.

Tink integrates with Nordea’s Nordic app to deliver personalised financial overviews for customers

Open banking startup Tink has integrated its software into Nordea’s mobile banking app to deliver a personalised financial overview for the bank’s customers in Sweden, Norway, Finland and Denmark.

Sterling Federal Bank picks Finastra’s banking solution Fusion Phoenix

Sterling Federal Bank is on a mission to expand its consumer banking and mortgages services, it has tapped Finastra for its Fusion Phoenix solution.

News Stories

FinTech

FinTech investment sees uptick following two sluggish weeks

There was a climb in investment in the FinTech sector this week, with FinTech Global reporting on a total of $399m being raised across...
compliance

Will 2024 be the year of compliance technology?

As technologically-driven solutions continue to firmly pierce the financial industry and how it runs, the need for firms to maintain compliance amongst a deluge...
ZeroEyes joins Lloyd's Lab for pioneering InsurTech against gun violence

ZeroEyes joins Lloyd’s Lab for pioneering InsurTech against gun violence

In an unprecedented move, ZeroEyes, known for its pioneering AI gun detection technology, has been welcomed into the coveted Lloyd's Lab Accelerator program, marking a significant stride in InsurTech innovation.
Chubb revolutionises flood insurance: Faster quotes with new digital platform

Chubb revolutionises flood insurance: Faster quotes with new digital platform

Chubb Personal Risk Services (PRS), known for its commitment to providing exceptional insurance services, has announced the launch of an innovative self-service Flood Insurance System.
Bishop Street and Topsail Re join forces to revolutionise MGA platform with strategic joint venture

Bishop Street and Topsail Re join forces to revolutionise MGA platform with strategic joint...

Bishop Street Underwriters, a notable entity within the RedBird Capital Partners' portfolio, has formally announced a groundbreaking joint venture with Topsail Reinsurance SPC, Ltd....

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