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Santander IT infrastructure cloud migration grows as digital move accelerates

Banco Santander claims its digital transformation is ‘ahead of plan’ after it revealed more than 60% of its global IT infrastructure has already migrated to the cloud.

Why funding in the CyberTech and PayTech industry continues to climb among the 30...

The past week has given cybersecurity, PayTech and even InsurTech aficionados a host of reasons to perk up their ears.

Payment giant Mastercard to buy digital ID firm Ekata for $850m

In a move to leverage on the increasing demand for companies in the digital security space, global payments processor Mastercard acquires Seattle startup Ekata for $850m. Operating in...

ESMA report underlines need to bolster EMIR data quality

A European Securities and Markets Authority (ESMA) report has found improvements are needed to improve European Markets Infrastructure Regulations (EMIR) data quality.

Penfold implements NorthRow’s technology to ease pension onboarding

Digital-only pension Penfold has implemented NorthRow’s technology to accelerate its onboarding process and enable users to establish a pension in five minutes.

Druva hits $2bn valuation after close of latest funding round

Cloud data protection and management platform Druva has scored $147m in a funding round that puts its valuation at $2bn.

IceKredit closes $35m Series C2 funding round

Risk management platform IceKredit has closed $35m in its Series C2 funding round, which comes hot off the heels of its initial tranche of funding.

Nexi, Fiskl collaborate to bolster open banking services

FinTech mobile platform Fiskl has partnered with PayTech leader Nexi to bolster the latter’s open banking offering.

MAS penalises Singaporean bank branch S$1m for fraud, terrorism failures

The Monetary Authority of Singapore (MAS) has imposed a penalty of S$1m on a Singapore-based bank branch for not complying with its anti-money laundering and terrorism financing acts.

UK Chancellor examines case for new ‘Britcoin’ digital currency

UK Chancellor of the Exchequer Rishi Sunak has told the Bank of England (BOE) to look at the case for a potential ‘Britcoin’ or central-bank-backed digital currency.

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