Waave, an Australian open banking startup for account-to-account payments, has closed a $4.7 million seed round backed by Menulog managing director Morten Belling and e-commerce investor Paul Greenberg

Infosys Finacle, part of EdgeVerve Systems, a wholly-owned subsidiary of Infosys, and XacBank, a leading universal bank in Mongolia, today announced the successful transformation of the bank’s technology landscape with Finacle Digital Banking Solution Suite.

Feedzai, the world’s first RiskOps platform for financial risk management, has released its latest report - The Human Impact of Fraud and Financial Crime on Customer Trust in Banks. The report, based on research of 4,000 consumers in the UK and US, reveals how fraudsters are taking advantage of the widening fraud knowledge gap, outlining the urgent need for banks to educate and protect their customers with technology. 

Plum, the smart money app, is today launching two new smart features for stock investors. These features are aimed at improving customer understanding of their portfolio and providing them with timely information to make decisions about their investments. 

Financial crime prevention experts, SEON has released its latest ‘Global Cybercrime Report’, which highlights the varying dangers associated with cyber threats around the world. The insightful report combines data from three major cybersecurity authorities; National Cyber Security Index, the Global Cybersecurity Index, and the Cybersecurity Exposure Index to assess the least and most risky countries for internet users. 

ClearBank, the enabler of real-time clearing and embedded banking for financial institutions, today announced that it has appointed Spiros Theodossiou as Chief Product Officer (CPO).

People are misunderstanding the Apple savings account announcement.  This is actually a great example of the new Embedded Banking innovation happening across the industry – where non-financial tech and software companies (like Apple) are providing access to traditional banking products like a savings account from financial institutions (Goldman Sachs).