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.
How different RegTechs tackled the Covid-19 crisis
More than nine months into the coronavirus pandemic, different segments of the RegTech industry has been responding to the crisis in various ways.
Boards are increasingly approving cybersecurity investments due to Covid-19
Most boards are looking to invest more into their digital defences, according to research by Thycotic.
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.
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.
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.
China is trialling its digital yuan
China has taken a place at the front of the nations looking to digitalise their economies by trialling its digital yuan.
The FCA bans the sale of certain cryptocurrencies like bitcoin
The Financial Conduct Authority (FCA) has banned the sale of derivatives and exchange traded notes that reference certain types of cryptocurrencies like bicoin, ripple and ether to retail consumers.
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.
