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Cube buys AI operational risk provider Acin

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Cube buys AI operational risk provider Acin

London-based RegTech Cube has acquired operational risk AI and technology provider Acin. Financial terms were not disclosed.

Highnote partners BVNK for 24/7 stablecoin funding for card programmes

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Highnote partners BVNK for 24/7 stablecoin funding for card programmes

Card issuance and embedded finance platform Highnote has enlisted BVNK to launch real-time 24/7 stablecoin-based funding for card programmes.

Tensec raises $12m to become Stripe for global trade

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Tensec raises $12m to become Stripe for global trade

Tensec, a startup founded by ex-Rapyd, Meta, and Goldman Sachs executives, has raised $12 million in seed funding to take on the $190 trillion B2B cross-border payments market.

UBS employee details leaked in cyberattack on data provider Chain IQ

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UBS employee details leaked in cyberattack on data provider Chain IQ

Swiss bank UBS has fallen victim to a cyberattack at a vendor that leaked the personal details of tens of thousands of employees.

JPMorgan rises to stablecoin challenge with roll out of deposit token

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JPMorgan rises to stablecoin challenge with roll out of deposit token

JPmorgan's response to the rising interest in stablecoins is to launch its own rival token, called JPMD.

Payabli raises $28M Series B

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Payabli raises $28M Series B

Embedded payments platform Payabli has closed on a $28 million Series B funding round.

Bank of England accused of 'blundering' to security disaster as hundreds of laptops go missing

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Bank of England accused of 'blundering' to security disaster as hundreds of laptops go missing

The Bank of England has been castigated for losing hundreds of laptops and phones amid an escalating cyber threat.

Ramp aiming for $16 billion valuation on $200 million fund raise

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Ramp aiming for $16 billion valuation on $200 million fund raise

Expense management startup Ramp is in discussions to raise around $200 million in a round of funding that would lift its valuation to about $16 billion.

Fintech sector braces for wave of M&A

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Fintech sector braces for wave of M&A

After more than a decade of growth and hundreds of funded companies, European fintech is no longer a startup story — and the stage is set for a wave of strategic acquisitions over the next two to three years according to Victor Basta, managing partner at investment bank Artis Partners.

Offshore bank Aston granted banking license

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Offshore bank Aston granted banking license

Guernsey’s last locally-based bank ceased trading in 1996, making Bank Aston the first to be licensed by the Guernsey Financial Services Commission (GFSC) for almost thirty years.

Crypto nears systemic risk 'tipping point' - FSB chair

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Crypto nears systemic risk 'tipping point' - FSB chair

Cryptocurrency could be nearing a point where it poses a system risk to the world's financial system, the outgoing chair of the Financial Stability Board has warned.

Stablecoin startup Noah raises $22m

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Stablecoin startup Noah raises $22m

A former Adyen executive and an ex-UBS analyst have become the latest entrants into the increasingly crowned stablecoin infrastructure market, raising $22 million in seed founding for their startup, Noah.

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