Banking Infrastructure

Peter Thiel’s Palantir said to raise $500m as it gears up to go public

Palantir Technologies, which was created by PayPal co-founder Peter Thiel, has reportedly raised $500m in a new funding round, as it looks at the possibility of going public.

Miss these 27 funding rounds at your own peril

From stocktrading to teenage finances, last week's funding rounds provide plenty of things to consider for the future of the industry.

23 FinTech rounds raised in the last week

Last week proved a huge win for challenger banks and the Latin American FinTech sector. Check out these funding rounds to find out why.

Former Amazon and American Express veteran joins TrueLayer as chief product officer

Financial infrastructure company TrueLayer has strengthened its leadership team by hiring former Amazon executive and American Express product leader Ossama Soliman its first chief product officer.

Why neobanks may not be as popular as people think

It's easy to be taken in by the flashy digital offering of challenger banks, but new research suggests that they may not be as popular as people think.

Nuapay teams up with Beam to help UK businesses save £1m in card processing...

Open banking software developer Nuapay has teamed up with FinTech payments service Beam to help UK businesses save £1m in card processing fees.

Temenos partners with Canadian Western Bank to offer SMEs AI-driven digital banking solution

Banking software company Temenos teamed up with Canadian Western Bank to support SMEs with financial decision-making and scaling their businesses.

Santander IT infrastructure cloud migration grows as digital move accelerates

Banco Santander claims its digital transformation is ‘ahead of plan’ after it revealed more than 60% of its global IT infrastructure has already migrated to the cloud.

Michael J Fox, Ryan Reynolds and Drake among the stars backing Wealthsimple’s C$750m latest...

Canadian FinTech company Wealthsimple has raised C$750m from a funding round led by Greylock and Meritech.

Leading US banks to pilot low credit score credit scheme

Some of the biggest US banks have signed up for a government-supported pilot program aimed at using alternative data to provide credit for people with low or no credit score.

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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