State Street selects Taurus to grow digital assets business
State Street is to add tokenization and digital custody services to its digital assets business through a deal with infrastructure provider Taurus.
Anti-scam hotline receives one million calls
More than a million calls have been made to an anti-scam service that gives people a memorable number to contact if they suspect they may be dealing with a fraudster.
Pimco, Man Group and State Street join forces with tech vendors to build new AM operating model
Pimco, Man Group, IHS Markit, State Street, Microsoft and McKinsey have joined forces to create a new technology company for the asset management industry.
Monnai raises $6.5m to help fintechs use consumer data
Monnai, a provider of consumer insights infrastructure for financial institutions, has raised $6.5 million in a Series A funding round led by Tiger Global.
Tricolor issues $277M social ABS bond
Tricolor Holdings issued its second social bond of the year as the lender eyes further expansion and originations growth. The…
UK startups lacking AI expertise at board level
UK startups and scaleups are being urged to address an absence of AI skills within their boardrooms, according to a recently published report
UK GDP could fall 12% due to nature degradation – Green Finance Institute
According to research from the Green Finance Institute, damage to the natural environment could cause a 12% loss to UK GDP in the future.
EBAday 2023: Fintech Zone finalists announced!
EBAday, the annual event for payments and transaction banking executives, will return on 20th to 21st June 2023 at The IFEMA in Madrid, Spain.
Persona raises $200m to build verified identity layer for an agentic AI world
Persona, the verified identify platform used by a host of fintechs, has raised $200 million at a $2 billion valuation.
Kenyan fintech Zanifu raises $11.2m
Kenyan startup Zanifu has raised $11.2 million in debt-equity funding for its platform providing micro, small and medium-sized businesses with inventory financing.
Open Lending & Core Specialty Insurance Holdings form partnership
Open Lending Corp. recently partnered with Core Specialty Insurance Holdings, enabling Core Specialty to begin providing credit default insurance policies for Open Lending’s Lenders Protection platform. Open Lending interim CEO Chuck Jehl said through a news release, “One of the … [Read More]
BofE and BIS develop tech to monitor stablecoin reserves
The Bank of England and the BIS Innovation Hub have developed a system that gives supervisors near real time data about stablecoins’ liabilities and their reserve assets.
Climate action fintech Amplify launches in the UK and Ireland
Amplify, a fintech startup that makes donations to user-defined climate causes as a reward for buying from a network of sustainable brands, has launched in Ireland and the UK.
‘Mastercard for Fintechs’ to blaze a trail for startups across Western Europe
Mastercard has launched ‘Mastercard for Fintechs’, a dedicated programme for startups in Western Europe, offering access to technology support and educational tools alongside a series of fintech events with the opportunity to compete for the chance to win €50,000.
Kinnevek writes off investment in Monese
Swedish VC Kinnevek has written off its investment in Monese, adding to the financial woes of the mobile money transfer startup.