Italian and German banks urge financial institutions to adopt more flexible regulations post Covid-19

To counter the economic effects of Covid-19, Italian and German banks have drawn up a document highlighting ways for financial banks across Europe to mitigate the risk of further loss.

BharatPe valued at $900m after $108m Series D round

Accelerating its journey to becoming a unicorn, Indian QR-based payment firm BharatPe has reportedly raised $ 108m in a Series D equity round.

Mission Secure closes Series B to bring total funding to $22.5m

Cybersecurity platform Mission Secure has closed its Series B round, which brings its total equity raised to $22.5m.

OCC recognises stablecoins to be used in settlement of financial transactions

Cryptocurrencies have taken another step to becoming acknowledged by traditional institutions as a top US regulator has approved the use of stablecoins for the settlement of financial transactions by banks.

FCA reminds financial firms of their responsibilities after Brexit

With the UK having pulled out of the EU on New Year's Eve, the nation's financial regulator has reminded companies about the new red tape they must navigate.

IdRamp is live on the Indicio to meet the growing demand for digital identity...

As the digital identity market is set for massive growth in the next five years, IdRamp is one of the companies hoping to leverage the increasing demand for these services by joining forces with Indicio.

FCA fines trading company Charles Schwab UK £8.96m for failing to protect client assets

A City watchdog has slammed trading company Charles Schwab UK with a £8.96m fine for failing to protect client assets, carrying out a regulated activity without permission and making false statements to regulators.

ESMA looking for FinTech stakeholders to join its insights group

The EU's securities markets regulator is looking for stakeholders involved with financial industry innovation to join its group of consultative members.

Fraud jumped by 250% in the second quarter

Fraud attempts jumped by 250% between March and June, according to a new report from identity verification company IDnow.

Israel-based OurCrowd scores $60m in capital injection from ORIX

Israel-based Online investment platform OurCrowd has scored $60m through an investment from Japanese financial services group ORIX Corporation.

News Stories

Tarabut Gateway claims to have raised the largest seed round in the MENA

Open banking platform Tarabut Gateway has bagged $13m in its seed round, which was led by Target Global.

Cybersecurity market expected to be worth $199.98bn by 2025

The global cybersecurity market is estimated to reach a value of $199.98bn by 2025, according to new research.

FinTech investor Oak HC/FT secures $1.4bn to support startups

FinTech and healthcare investor Oak HC/FT has secured $1.4bn to support new startups.

Digitalised mortgage platform BeSmartee closes strategic investment

BeSmartee, which develops software for digital mortgage platforms, has secured a strategic growth investment from venture firm M33 Growth.

Credit card company Petal raises $126m in debt

Credit card company Petal has received a $126m debt facility to help it extend the reach if its services.

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