Payroll unicorn Deel more than quadruples valuation in six months
Deel, a global compliance and payroll solution, has collected $425m in its Series D funding round, bringing its valuation to $5.5bn.
ComplyAdvantage extends AML program to US and Canadian FinTechs
Financial crime detection firm ComplyAdvantage has expanded its anti-money laundering (AML) program ComplyLaunch to help FinTech startups in the US and Canada.
BearingPoint RegTech starts journey of independence with rebrand
BearingPoint RegTech has rebranded itself as Regnology, as it starts its journey as an operational independent company.
Helping banks step up onboarding – Clarifai closes its Series C
Clarifai, which helps firms improve customer experiences and onboarding, has collected $60m in its Series C round, which was led by New Enterprise Associates.
EBA repeals PSD1 internet payments security guidelines
The European Banking Authority (EBA) has officially repealed its guidelines on the security of internet payments under the former Payments Services Directive (PSD1).
Ransomware demands shoot up by over 500% in first half of 2021
A recent report by Allianz has found that scammers demanded an average payment of $5.3m from hacking victims during the first six months of 2021.
How is the sustainability revolution changing the banking sector?
A recent blogpost by financial industry association Mobey Forum has examined how the movement to make finance more sustainable is changing the banking industry.
G7 finance group endorses policy principals for retail CBDCs
Finance officials from the G7 have endorsed 13 public policy principles for retail central bank digital currencies (CBDCs).
MagicCube to solve issues with chip shortage with fresh funding
MagicCube, a software-based security technology, has collected $15m in a funding round, as it looks release new tools.
LeapXpert secures Series A funding
LeapXpert, which develops messaging services and communication monitoring tools, has closed its Series A round on an undisclosed amount.
