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Investments|Sector Updates

Does regulation pose a threat to buy now, pay later market growth?

The BNPL market has seen a financial boon in recent years, creating market leading behemoths like Klarna, Affirm and Afterpay – who are all recording strong growth on the back of clear market demand. Could a growing call for regulation in the sector change this?

Biodiversity tool unveiled to help FIs manage extinction, ecological risk

A biodiversity module has been introduced to help financial institutions (FIs) explore to what extent their portfolios may impact species extinction and ecological integrity....

US survey finds majority of investors prize ESG credentials

A survey has found 70% of respondents believe organisations have a responsibility to demonstrate environmental, social and governance (ESG) performance to investors.

Belgian Interior Ministry reveals two-year long cyberattack of its network

Belgium’s Federal Public Service (FPS) Interior has claimed it has suffered a ‘complex, sophisticated and targeted cyberattack’ to its IT system.

PayPal teams with Arkose to tackle fraud on its Honey platform

PayPal has entered a collaboration with online fraud and abuse prevention company Arkose Labs to tackle fraud and security threats on its Honey shopping platform.

FaceTec, Onfido team to take on growing digital fraud challenge

US face matching platform FaceTec has partnered with identity verification company Onfido to combat the rising challenge of digital fraud.

US hacker pleads guilty to selling healthcare employee data on dark web

A dark web hacker has pleaded guilty to stealing information from 65,000 employees of the University of Pittsburgh Medical Center (UPMC).

Tessian looks toward acceleration following $65m Series C

UK security company Tessian has closed a $65m Series C funding round led by March Capital.

UK finance sector ninth biggest CO2 emitter in the world, report finds

A Greenpeace-led report has found UK banks and assets managers were responsible for 805m tonnes of CO2 in 2019 – making it the ninth-largest carbon emitter worldwide.

ThetaRay unveils financial crime prevention tool for cross-border payments

Compliance technology provider ThetaRay has launched SONAR, a financial crime prevention solution for cross-border payments.

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