09/09/2022
SteelEye raises $21m Series B
We are excited to partner with the company as it accelerates its expansion in the North American market and beyond.
Legal,Regulation,Tax & Compliance
09/08/2022
Avaloq And Synpulse Sign License Reseller Agreement
Avaloq and Synpulse have finalised a license reseller agreement to provide end-to-end digital solutions for private banks and wealth managers in Asia
09/08/2022
Compliance costs and complexity are driving the demand for RegTech solutions.
Compliance and technology analytics firm has announced the completion of a $21m Series B fundraising round as it looks to accelerate its expansion in the U.S.
09/07/2022
Revolut under pressure over internal audit
Not only is Revolut due to file its 2021 accouints by the end of September, it is also likely to face pressure to invest more in its back office functions.
09/07/2022
CyberCube to partner with AkinovA
The CyberCube platform was established in 2015 within Symantec and now operates as a standalone company exclusively focused on the insurance industry
09/06/2022
Easy4Cloud and Fabrick join forces for open banking in Italy and Spain
The solution employs Fabrick Pass, which makes it possible to use the PSD2 APIs published on the platform and to take advantage of the Account Information Service Provider (AISP) licence available in 'as a service' mode, allowing concrete access
08/31/2022
Moove Signs MoU with MUFG and Suzuki to Promote Financial Inclusion for Mobility Gig Workers Globally
Moove is a mission-led company committed to empowering mobility entrepreneurs to be productive and successful through providing access to vehicle financing and other financial services.
08/30/2022
Singapore to tighten retail crypto trading rules
However, Menon has ruled out a ban on retail trading, conceding that such a move would not work in a borderless world.
08/30/2022
South Africa: Regulatory and deal developments in South African fintech
This group has engaged in public-private participatory discussions and the production of position papers to settle on the policies to advise the drafting of regulations.
08/26/2022
FTC ANPR Explores Wide Ranging Topics for Privacy and Cybersecurity Rulemaking
Commissioner Slaughter highlighted her interest in data minimization efforts and purpose of use specifications; civil rights violations and the impacts on vulnerable and marginalized populations from discriminatory algorithms; and children’s privacy
08/26/2022
Block faces lawsuit over Cash App breach
For some customers, brokerage portfolio value, brokerage portfolio holdings and/or stock trading activity for one trading day were also downloaded.
08/25/2022
UK regtech, AutoRek hiring a further 30 positions to meet rising need for automation
With a team growth of 40 people this year, the drive continues for 30 more positions across the U.K.
08/25/2022
India lifts ban on AmEx issuing new cards
The RBI lifted a similar ban on Mastercard in June.
08/25/2022
Class Action lawsuit claims Coinbase failed to protect customers from fraud
The suit allege that the company was indifferent to consumers’ losses.
08/23/2022
Six’s regulator says biotech broke reporting rules and proposes sanctions
The company allegedly violated the regulations in the financial reporting of 2019 and 2020.
08/22/2022
Anne Boden: Starling’s return on equity will be 30%
The ambitious target comes off the back of a year in which the company has recorded its first annual profit.
08/22/2022
Use of technology in arbitration and court proceedings in Hong Kong
There are also increased demands in the industry for the use of technology in court proceedings, and accordingly, innovative measures have been introduced in the Hong Kong Special Administrative Region.
08/22/2022
GB Bank receives full banking licence, set to lend £3bn over five years
The Teesside Pension Fund (TPF) has agreed to invest up to £48 million to support the bank’s growth plans.
08/22/2022
Crypto is More in Step With Asia’s Equities, Highlighting Need for Regulation
Crypto trading volume, and co-movement with equity markets, has surged in the region.
08/19/2022
EU braced for legal challenges to rules designed to tackle Big Tech
Some of the new obligations in the DMA include a ban on companies listing their products on their internet platforms ahead of rivals and a promotion of data sharing with smaller competitors.