Varo Money edges closer to national banking charter
Mobile banking company Varo Money has received approval from the Federal Deposit Insurance Corporation (FDIC) for deposit insurance, as it moves closer to a national banking charter.
Accenture to help AXA XL clients respond to cyberattacks
Digital services provider Accenture is providing AXA XL its Cyber Incident Response service to help clients respond and recover from cyberattacks.
N26 pulls the plug on UK operations due to Brexit and its resulting legal...
The UK has officially left the EU. Now, a huge European FinTech company has pulled the plug on its British operations.
Onfido to supply KYC solution to cryptocurrency storage solution Mode
Digital identity platform Onfido will support the onboarding and know your customer (KYC) processes of UK cryptocurrency banking app Mode.
How will RegTech evolve in the future?
The financial market is global and constantly dealing with new technologies and weighed down with ever-expanding regulations. So where does that leave the future of RegTech?
Hopeful lovers in Australia lost $28.6m to fraud last year
With valentine’s day just around the corner, people are no doubt going to be using dating and romance apps; however, consumers are warned to be on the lookout for scammers. In Australia, one fifth off all losses involved scams from these services, according to a report from ScamWatch 2019.
Up to 50% of financial crime is fraud or cyber-crime
Up to half of all reported financial crime is either fraud or cyber-crime related and this percentage is growing year on year, according to financial advisor PIMFA.
Snowflake hits $12bn valuation after fundraise
Cloud data platform Snowflake has upped its valuation to a colossal $12.4bn, putting it into the decacon category.
Kount reveals new Identity Trust Global Network
AI-powered fraud prevention solution Kount has revealed its Identity Trust Global Network which will help block bad transactions and help organizations provide personalized experiences.
The...
Mitek releases new spoof-proof identity verification service
Digital identity verification platform Mitek Systems has created a new ‘spoof-proof’ facial comparison solution and it only requires one selfie.
