Tags COVID-19

Tag: COVID-19

The cost of data breaches has gone up during Covid-19

While the average cost of a data breach in Canada has increased by 6.7% in the last year, companies have become faster at spotting them.

Parliamentary group criticises regulators for their treatment of challenger banks during...

A new report from a cross party group of MPs has slammed the UK's regulators for not keeping the neobanks and building societies at the front of mind during the pandemic.

ClearBank and Tide team receive £60m grant to support UK SMES

ClearBank and Tide have formed a partnership to help UK SMEs recover from the coronavirus crisis.

iwoca said to raise £100m as it looks to increase loans...

Small business loan provider iwoca has reportedly raised £100m in funding to increase its capabilities as a Coronavirus Business Interruption Loan Scheme (CBILS) provider.

Monzo’s coronavirus struggle continues as it reports its annual loss doubles...

Things look to be going from bad to worse for UK challenger bank Monzo. After suffering a 40% down round in June, the bank has now revealed its annual losses have doubled due to the pandemic.

Ten biggest RegTech deals since the Covid-19 lockdown

The RegTech sector has seen some massive investment rounds in the past few months despite the global pandemic.

Preparing for the global comeback in travel – Air Doctor

Travel insurance has been hit hard by the Covid-19 pandemic. There’s no need for buying a policy when you can’t leave your house, but as the lockdown measures begin to ease, holidays will be top of people’s priorities, giving travel insurance a much needed resurgence. Air Doctor has issued a white paper exploring the opportunity ahead.

ECB chair calls for banking bosses to “adopt extreme moderation” when...

The European Central Bank chair of the supervisory board has called for bank executives around Europe to show restraint when it comes to variable remunerations in the face of the coronavirus.

Is the UK losing its shine as a FinTech hotbed?

Robinhood pulled the plug on its UK expansion this week. Now, some fear that other FinTechs will also leave the nation.

Theta Lake’s new tools boost compliant collaboration in the days of...

Theta Lake, the RegTech company, has expanded its security and risk management capabilities to empower organisations to manage safe, secure employee use of collaboration platforms.