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Privitar bags $40m Series B led by Accel

Data privacy company Privitar has bagged $40m in its Series B funding round which was led by global venture capital firm Accel.

Sequent, TIS selected to provide unnamed Japanese bank with secure payments

Sequent, a digital ID platform, and payment processor TIS have been chosen by an unnamed Japanese ‘megabank’ to supply secure mobile payments.

Refinitiv to release its KYC services into the wealth management space

Financial market data platform Refinitiv has expanded its financial crime solution tool suite into the wealth management and retail banking space.

BanQu reportedly receives a Series A extension

BanQu, a blockchain-based identity platform designed for the unbanked, has reportedly secured an extension to its Series A.

Ordo partners with CGI to release payment solution with lower fraud risk

Online payment company Ordo has partnered with business consultant CGI to improve transparency of transactions and increasing protections from fraud.

Has Open Banking realised its potential or is this just the beginning?

Open Banking has got off to a good start, but it’s time for it to capitalise on the full benefits it can give consumers and the market, according to Justin Fitzpatrick, CEO at DueDil.

Europe could lose €57bn following SCA implementation – Stripe study claims

Europe is set to lose €57bn in economic activity in the first 12 months after Strong Customer Authentication SCA takes effect, a study from Stripe claims.

FCA signs collaboration agreement with Dutch Authority for the Financial Markets (AFM)

The UK’s Financial Conduct Authority (FCA) and the Dutch Authority for the Financial Markets (AFM) have signed an agreement to work closer together.

Featurespace to deploy fraud prevention solution to retail bank Permanent TSB

Featurespace, a behavioural analytics platform for fraud and risk management, has partnered with retail banking company Permanent TSB.

FormAssembly rakes in first external funding with $10 Series A

FormAssembly, a web form platform streamlining the collection of data, has closed its Series A on $10m, marking the startup’s first external funding.
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