Covid rattles banks and insurers as budgets are cut
Financial institutions (FIs), such as banks and insurance providers, are reporting significantly increased threat levels from COVID-related cyber crime according to new research by...
European mobile payment solution Bluecode receives €20 million investment
“Bluecode has the goal of developing a mobile payment system for Europe that benefits all stakeholders. This is something that the European Commission, the...
What’s driving the growth in ‘shadow banking’
By EMILY LAMBERT
In the European Union, open banking is transforming finance. Regulations are enabling consumers s to control their banking data and share them,...
Connected economy: banks as the trusted ‘glue’
Big Tech and FinTech firms are busy creating their own connected ecosystems while striking up relationships with banks, making traditional financial services firms part...
Paxos raises $300 million in Series D funding at $2.4 billion valuation
Paxos, the first regulated blockchain infrastructure platform, today announced it has closed a $300 million Series D round of funding. Oak HC/FT led the...
Challenger fintech Penny launches cash flow lifeline for construction SMEs
Managing cash flow is a priority for any business, but in the construction industry, cash flow is an even more acute challenge that can...
Paysend joins forces with Open Finance platform Plaid for faster and easier money transfers...
Global FinTech Paysend today announced a collaboration with Plaid, a leading open finance platform and financial data network, to provide customers with a more...
Safehub raises $9 million series A to make every building an IoT device for...
San Francisco-based Safehub, which builds sensors and analytics software to deliver real-time, building-specific earthquake damage information, has raised $9 million of Series A financing...
Facebook’s payments plans in spotlight during earnings week
All eyes are on Facebook this week, as the social media giant will report its Q1 earnings on Wednesday (April 28), facing questions as to whether...
Financial bypass surgery set for legacy banking tech
By Jonathan Porter
Failing to keep pace with the changes ushered in by open banking, coupled with generational shifts in consumer expectations is an existential...
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How AI can redefine investment strategy and generate value for financial firms
Employing artificial intelligence (AI) across the investment lifecycle can transform how financial firms make, manage and optimize investments.
Only 2% of private equity...
Why Blockchain games have betrayed digital property rights
Digital asset ownership is both a defining feature of blockchain games and a significant barrier, reflecting the complexities of blockchain gaming’s evolution.
By Leah Callon-Butler|Edited...
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Tips for Selecting the Best Crypto Coin
The cryptocurrency market's exponential growth has spawned a vast array of investment opportunities, including established stalwarts like Bitcoin...