FSB publishes roadmap to enhance cross-border payments
The Financial Stability Board (FSB) has published a roadmap to enhance cross-border payments, which will be delivered to G20 finance ministers and central bank governors at a October 14 meeting.
FSB warns about the risks of big tech offering financial services in emerging markets
Big tech entering emerging markets with financial services could cause competition concerns for domestic FinTech operators and lead to negligent customer protection, the Financial Stability Board (FSB) warns in a new report.
The cyber insurance market is expected to grow to be worth $20.4bn by 2025
Rising number of hack attacks will push the cyber insurance market to be worth $20.4bn by 2025, according to new research.
Revolut rumoured to soon apply for California banking licence
UK-based challenger bank Revolut is reportedly on the cusp of applying for a banking licence in California.
BGL Group launches AI tool to prevent false auto claims
BGL Group has launched an AI-powered counter fraud pre-sale technology solution, which will be capable of identifying criminal activity.
Demand for outsourced manages services jump by 25%
There has been a 25% rise in demand for outsourced managed services compared to pre-pandemic levels, according to a study from ACA Compliance Group.
FCA bans two Vanguard Wealth Management directors
The Financial Conduct Authority has banned two Vanguard Wealth Management directors from performing regulated activity because of their roles in the submission of false and misleading information about customers’ high net worth status.
LuxTrust taps Cryptomathic for its e-signature services
E-signature RegTech Cryptomathic has inked a deal to supply its services to LuxTrust, the electronic identity company representing over 95% of Luxembourg’s active population.
Paynetics buys Wirecard’s corporate card portfolio
FinTech Paynetics has acquired the corporate payout card portfolio of Wirecard UK and Ireland.
How the 34 FinTech rounds raised last week show where the InsurTech and cybersecurity...
Last week proved to be good week in terms of FinTech investment, with the rounds revealing the state of CyberTech and InsurTech.
