Banking
US insurtech start-up Lula raises $35.5m Series B funding
Miami-based insurtech Lula secures $35.5 million in a Series B funding round led by NextView Ventures and Khosla Ventures, aiming to broaden its market...
Banking
Revolut halts crypto services in the US citing “evolving regulatory environment”
Challenger bank Revolut will halt access to cryptocurrencies for US customers starting October 3, citing regulatory uncertainties and the evolving crypto market.
FactsChallenger bank...
Banking
European Commission brings in Moody’s Analytics to help fight fraud
The European Commission has awarded a €34 million framework contract to Moody's Analytics to bolster its anti-fraud and financial crime efforts using data insights...
Banking
Cambodia’s Wing Bank selects Ipification for mobile ID verification solution
Wing Bank, a pioneer in mobile financial services in Cambodia, has partnered with Ipification to implement a one-click phone verification solution, enhancing convenience and...
Banking
Clearstream migrates regulatory reporting to Regnology’s Rcloud platform
Clearstream Banking AG, a post-trade business of Deutsche Börse Group based in Luxembourg, is shifting from on-premise to cloud-based regulatory reporting by adopting Regnology's...
Banking
The FCA’s Consumer Duty clamps down on unfair savings rates
The Financial Conduct Authority (FCA) is taking action against banks and building societies for offering disproportionate interest rate rises to savers. The FCA's 14-point...
Banking
Germany’s N26 appoints new chief risk officer, Carina Kozole
German digital bank N26 appoints Carina Kozole as its new Chief Risk Officer (CRO) and Managing Director of N26 AG, with extensive experience in...
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