FCA allows Wirecard to resume operational activities
Last week the UK's top financial markets watchdog ordered Wirecard to freeze all of its regulated activities in the country. Now it has lifted the ban.
Identity fraud fighting startup ubble raises €10m in seed round
French tech startup ubble has bagged €10m in seed capital and a partnership with Bpifrance, the investment bank.
Telegram forced to return $1.2bn to investors that backed its cryptocurrency project and pay...
Telegram's battle with the American authorities has ended with the social media app agreeing to pay back all the proceeds made from its cryptocurrency project and to pay a hefty fine.
20 FinTech rounds from last week you can’t afford to be unaware of
FinTech companies, RegTech ventures, InsurTech startups and challenger banks raised money in the last week. This is what you can learn from the 20 FinTech rounds we reported on.
Pockit customers’ accounts frozen because of the Wirecard scandal
Challenger bank Pockit has been forced to freeze all customers' accounts because of the Wirecard scandal and tells users to go to local welfare assistance schemes if they can't pay for their essentials.
Holvi cards suspended because of the Wirecard scandal
Holvi, the digital banking platform for freelancers, has become the latest FinTech firm to be swept up in the Wirecard scandal.
FCA orders Wirecard UK to cease all activity as the scandal moves into second...
The collapse of German payment giant Wirecard has taken another turn as the UK's Financial Conduct Authority (FCA) has ordered the FinTech's British branch to cease all regulated activities.
Almost half of UK businesses’ cybersecurity unprepared for sustained remote working
Remote working has become the norm for many professionals since the outbreak of Covid-19, but many businesses' digital defences are not prepared for their employees working from home for long.
The amount of new vulnerabilities identified in open source packages drops
The number of new vulnerabilities in open source packages was down by 20% compared to last year, suggesting cybersecurity efforts are progressing, according to a report from developer-first security platform Synk.
Wirecard has gone bust after scandal saw the FinTech unable to account for $2.1bn
FinTech Wirecard has filed for insolvency after a week of turmoil that saw it unable to account for a $2.1bn hole in its balance sheet and its former CEO being arrested on fraud allegations.
