KPMG study finds UK SMEs are still undecided on Open Banking
A new survey from KMPG finds that just under half of UK-based SMEs are still hesitant of Open Banking.
Venmo reportedly hit operating losses of $40m for first three quarters of 2018
Venmo has reportedly reached operating losses of $40m following a string of payments frauds earlier in the year.
Romania-based FintechOS nabs €600k seed, with plans to raise another €400k by year end
FintechOS, a provider of digital transformation technology to financial institutions, has pulled in €600,000 in seed funding.
FRISS survey finds insurers increasingly interested in fraud detection software
FRISS, an automated fraud and risk detection solution for P&C insurance companies, has found insurance carriers are putting focus on fraud prevention through a new survey.
Finastra partners with FINCA to support its IFRS9 compliance
Finastra’s Fusion Risk has been deployed by FINCA Impact Finance to support its IFRS9 regulatory requirements.
Axio Global scores funding from NFP Ventures
Axio Global, which develops solutions to help enterprises bolster their financial cybersecurity, has scored funding from NFP Ventures.
Arctic Intelligence forms new 3-year deal with Deloitte
Arctic Intelligence has extended it partnership with Deloitte to help build stronger financial crime risk and exposure management services.
To beat financial crime, organisations can no longer afford to not share data
Financial criminals are winning, so organisations need to be more vigilant and work together to combat it, according to Anthony Quinn, founder and CEO at Artic Intelligence.
Arkose Labs closes PayPal investment, just months after Series A close
Arkose Labs, a provider of online fraud prevention technology, has received a strategic investment from PayPal.
Positive Technologies report uncovers ATMs can be hacked in minutes
Online security platform Positive Technologies has compiled a report which finds ATMs can be hacked within minutes.
