global markets

Is ‘Brexit effect’ to blame for drop in UK data management investments?
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Is ‘Brexit effect’ to blame for drop in UK data management investments?

Research from data backup software supplier Veeam suggests UK C-suite is set to invest much less in data management over the course of the next 12 months than the rest of the world, prompting concerns that Brexit might be to blame  The economic uncertainty surrounding the UK’s exit from the […]

PayPal invests in and partners with open banking platform Tink
banking platform business Capital market digital approach global markets innovative solutions

PayPal invests in and partners with open banking platform Tink

Open banking API developer Tink has received an investment from online payments giant PayPal. The value of the transaction was not disclosed. Funds from the investment will be used to support Tink’s expansion across Europe and extending the reach of its open banking services, as well as build the next […]

Thomson Reuters Inks Regtech Agreement with IBM
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Thomson Reuters Inks Regtech Agreement with IBM

Tool “takes the guesswork out for compliance professionals” IBM and Thomson Reuters have teamed up to bundle their respective regulatory intelligence offerings together into a single product for financial services clients. The solution will digitise manual governance, risk, and compliance processes, by integrating risk data from 900 regulatory bodies and 2,500 collections […]

Tax software provider Sovos completes two acquisitions
banking platform finance global markets Innovation Regulation

Tax software provider Sovos completes two acquisitions

Global tax software provider Sovos has acquired e-invoicing solution Foriba and tax solution Eagle Technology Management (ETM). ETM delivers statutory financial reporting and insurance premium tax software to insurers and unclaimed property reporting solutions and services to financial institutions, corporations and insurers in the US. Following the close of the […]

MistNet closes $7m Series A alongside new product launch
cyber security data analytics global markets

MistNet closes $7m Series A alongside new product launch

Threat detection and response platform MistNet has closed its $7m Series A, alongside the launch of a new service. Silicon Valley-based venture capital firm Foundation Capital led the investment, which also received support from WestWave Capital and an unnamed networking and security company. These fresh funds will be used to […]