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Deal Updates

BNP Paribas boosts partnership with Tink to reach Italian customers

BNP Paribas has extended its partnership with open banking platform Tink to supply its customers with more personal finance tools.

Banks refuse to reimburse fraud if consumer ignores a warning message

Banks are refusing to cover losses in fraud cases if they can prove they show fraud warnings at the point of purchase, according to a study from Which? Money.

Businesses suffer longer system outages due to ransomware attacks

Ransomware attacks are becoming more severe with businesses suffering from infections being out for up to 16.2 days on average, up from 12.1 days in the third quarter of 2019.

FCA appoints interim chief executive to take over when Andrew Baily leaves to run...

Christopher Woolard is stepping in as the interim chief executive of the Financial Conduct Authority (FCA) as the old chief executive Andrew Bailey is leaving to become the governor of the Bank of England.

InsurTech startup Coalition to acquire cybersecurity solution

Coalition, a cyber insurance provider for small and midsize businesses, has acquired cybersecurity company BinaryEdge.

More than one in eight RegTech deals globally were raised outside of North America...

There have been almost 950 RegTech deals completed globally between 2015 and 2019, with over $17.1bn raised across these transactions. North American companies have dominated...

EMC Insurance to improve fraud detection with FRISS

US property and casualty insurer EMC Insurance Companies has chosen FRISS to help it detect insurance fraud.

FCA warns firms to not waste the Brexit transition period and to prepare for...

Despite the withdrawal agreement having passed through parliament this week, a top UK financial watchdog is warning firms against resting on their laurels to prepare for Brexit.

GMO-Z.com partners with muinmos and NorthRow to boost onboarding

GMO-Z.com Trade UK, a liquidity and technology infrastructure developer, has reportedly partnered with RegTech companies muinmos PASS and NorthRow to improve its onboarding.

North American companies account for nine of the top ten RegTech transactions globally in...

Over $2.3bn has been raised by the top 10 RegTech deals globally in 2019, which is equal to 16% of the total capital raised...

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