Tag: coronavirus

ELITE and Global Accelerated Ventures launch initiative to help FinTech firms...

The COVID-19 pandemic has made it harder for FinTech firms to raise capital, but now a new initiative might give them a leg up to grow despite the crisis.

How COVID-19 has changed retirement planning and could herald an end...

Everyone knows that the global pandemic will change the economy, but few may have considered what those changes will mean for people's retirement planning.

OakNorth unveils proprietary COVID-19 credit framework to support commercial lenders

The coronavirus has skewed the old way of rating loans, which is why UK challenger bank OakNorth has developed its COVID Vulnerability Rating (CVR) framework to rate the risk of loans.

Revolut allegedly coerced staff into quitting or being fired

UK challenger bank Revolut is facing accusations of having illegally forced employees to either quit or being fired for underperformance as the FinTech unicorn was looking to cut cost amidst the coronavirus pandemic.

CrowdStrike stocks soar to almost record levels as cybersecurity remains mission...

Cybersecurity company CrowdStrike has seemingly proven just how paramount digital defences have become as the coronavirus pandemic has forced businesses to accept remote working as the tech company's stocks jump.

Monzo to fire 120 people as the neobank continues to struggle...

UK challenger bank Monzo is facing new setbacks as it is reportedly going to cut 120 jobs.

Mobile phone phishing scams jumped by 37% in the first quarter...

Hackers are targeting smartphones more and more as they launch phishing scams to gain accesses to companies' digital infrastructure, according to cybersecurity company Lookout.

Financial frauds and payment trends to look out for right now

The coronavirus has raised the risk of financial fraud across the world. Now, Featurespace, a Cambridge-based company that uses AI to detect fraud for banks and retailers, has listed the top ones to look out for right now.

COVID-19 has highlighted insurers’ need to update the tools they use...

The coronavirus has transformed businesses in a very short time, but could also provide insurers with an opportunity to rethink their old ways of estimating risks.

Synack bags $52m in Series D round as it aims to...

From: RegTech Analyst Cybersecurity company Synack has raised $52m in a Series D funding round to transform security testing through its crowdsourced platform powered by...

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