Silent Eight: AML software that makes sense of alerts
AI-based AML software that simply suggests or weights alerts is passé; Silent Eight’s solution gives plain English explanations for decisions....
Tag : FinTech
Egyptian fintech Khazna secures funding from Algebra Ventures
The startup will provide its services to 20 mn Egyptians who have access to a mobile phone but no access to financial services...
Visa, Nigerian fintech Paga to enhance digital payments across Africa
Visa’s partnership with Paga does not involve investment — and is strategically aimed at expansion across the continent...
Arival Bank applies for a digital banking licence in Singapore
The bank is also in the process of applying for a full service virtual banking licence in Lithuania...
Fintech investment in UK reaches $48.5 bn in 2019
83% of the fintech deals in Europe took place in the UK...
South African fintech Jumo raises $55 million in Goldman-led funding
The proceeds of the funding will be used to expand its operations into new markets and launch new products...
British fintech Revolut secures $500 mn funding to fuel expansion
The UK startup digital bank is now valued at $5.5 bn...
Global fintech deals fall by 4% as China suffers
3,472 fintech deals were recorded with a total value of $53.3 bn in 2019...
Bahrain’s GFH acquires 70% stake in Dubai fintech Marshal
While GFH will hold a 6.3% stake in Marshal, GFH’s investors will hold up to 63.7%...
Brexit sees German fintech N26 exit UK business
The neobank will close down all accounts on April 15...