Bahrain opens new FinTech lab FinHub 973 to boost the sector in the region
The Central Bank of Bahrain has launched the first FinTech lab in the region – FinHub 973.
Nordic challenger banks and cybersecurity firms were among the 33 FinTech rounds raised last...
These 33 FinTech funding rounds from last week highlight the rise of Scandi challenger banks, the importance of cybersecurity and how competition in the buy now, pay later space is heating up.
Clunky identity verification and AML practices hold back banks from winning at online banking
Even though the coronavirus pandemic has made digital banking a must-have for banks, many of these financial institutions risk losing customers because of their clunky onboarding practices, according to a new FICO survey.
Tink inks open banking partnership with Lydia
French mobile payment app Lydia has tapped Swedish FinTech Tink to use its open banking technology, empowering it to leverage access to PSD2 APIs across Europe.
NatWest uses Featurespace’s tech to fight financial fraud
Crime prevention software developer Featurespace has been enlisted by NatWest to protect the bank's customers against fraud.
Has digital banking caused a rise in mobile deposit scams?
Fraud is on the rise and part of it is due to the growing adoption of mobile banking, according to a new report from Advanced Fraud Solutions (AFS).
HMRC runs £3m open banking tender
Her majesty's Revenue and Customs (HMRC) is running a £3m open banking tender.
What these 25 funding rounds tell you about where the FinTech industry is going
Cybersecurity has had a big funding week with ReliaQuest picking up the biggest round last week, but several challenger banks and InsurTech ventures also bagged considerable cash injections.
Open banking company sync. partners with ComplyAdvantage
UK money management startup sync. has inked a partnership deal with RegTech ComplyAdvantage.
ECB warns that big tech entering the FinTech space could lead to security risks
The European Central Bank has warned that Europe's failure to produce big tech companies of its own to compete with American ones could leave the EU exposed and reliant on foreign providers as big tech moves into the FinTech sector.
