Navigating Cybersecurity Risks in Crypto-Backed Lending
As crypto-backed lending gathers momentum among institutions and everyday users, cybersecurity shadows every new transaction. Billions in digital…
FinTech
Bank of England governor blocks Rachel Reeves’s Revolut meeting
Concerns about chancellor’s involvement in independent process over fintech’s banking licenceThe governor of the Bank of England blocked a meeting that Rachel Reeves tried to secure with watchdogs and Revolut, amid concerns the chancellor was meddling …
Shareholders of UK fintech Wise vote to move main stock market listing to US
Co-founder Kristo Käärmann gains enhanced voting rights in controversial moveThe UK online payments company Wise is to move its main stock market listing to the US after shareholders approved the move.Investors in Wise, one of the biggest financial tec…
Buy now, pay later loans will now affect US credit scores – what does that mean for consumers?
The change has some users of BNPL loans worried, but financial experts say the move could benefit borrowersA new change to buy now, pay later loans means borrowers’ credit scores may see a change, which has worried some users of the loans.“I have a fee…
How FinTechs are turning GRC into a strategic enabler
In this Help Net Security interview, Alexander Clemm, Corp GRC Lead, Group CISO, and BCO at Riverty, shares how the GRC landscape for FinTechs has matured in response to tighter regulations and global growth. He discusses the impact of frameworks like …
Wise goes to the US. Will its founder’s supercharged voting rights follow?
It’s odd that the move comes as a ‘sunset clause’ that allows Kristo Käärmann enhanced rights here approaches expiryBack in 2021, the arrival on the London stock market of Wise, a rapidly-expanding money transfer company, generated a feel-good factor a…
Stock exchange dealt another blow as £12bn fintech ditches main London listing
Money transfer service Wise will move primary listing to US and dual list shares to try to lure more investorsBusiness live – latest updatesThe online payments company Wise has said it will move its main share listing to the US, in the latest blow to L…
New Nitrogen Ransomware Targets Financial Firms in the US, UK and Canada
Nitrogen, a ransomware strain, has emerged as a major threat to organizations worldwide, with a particular focus on…
‘Significant doubt’ revealed over Bank of London’s ability to keep operating
Auditors question if Peter Mandelson-linked firm can raise adequate funding after news of regulator’s investigationThe Bank of London, the fledgling clearing bank formerly backed by Peter Mandelson, has revealed it is under investigation by UK regulato…
Securing Fintech Operations Through Smarter Controls and Automation
With the rise of fintechs, accuracy alone isn’t enough, security and reliability are just as necessary. For fintech…