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Token.io raises $40M to expand open banking-based account-to-account payments in Europe – TechCrunch

The rise of digital payments has changed the nature of how people do business with each other; and open banking — a movement in banking where incumbents are finally adopting newer technology such as APIs to open their systems to modern integrations — is leading to a wave of new payment methods, all of which […]
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UK's ThirdFort nabs $20M for tools to help with ID verification, and detect money laundering and payment fraud – TechCrunch

Money laundering has been a hot topic of late in the UK, which is facing pressure to not just make tighter rules to track down the origins of money that’s spent on large assets in the country like prime real estate — the capital city has been dubbed by some as the “London laundromat” — […]
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