FCA calls for culture shift in e-money businesses
The FCA has said that e-money companies in the UK will need to undertake a ‘significant shift in culture and behaviour’ to comply with new Consumer Duty rules.
Stelo Labs bags $6m from Andreessen Horwitz-backed funding round
Stelo Labs, a startup seeking to protect wallets from scams and phishing and securely navigate Web3, has raised $6m.
Bulgarian RegTech Evrotrust bags €2.5m in funding
Evrotrust Technologies, a Bulgarian RegTech identity verification and qualified trust services provider, has raised €2.5m in funding.
Stripe launches Enhanced Issuer Network to combat fraud
FinTech giant Stripe has launched Enhanced Issuer Network, a set of partnerships with major US card issuers, with the aim of reducing fraud.
GRC firm Scrut Automation scores $7.5m funding
Scrut Automation, a governance, risk and compliance automation platform, has netted $7.5m in a new round of funding.
Lyra taps Napier for AML transaction monitoring offering
Napier, a financial crime compliance specialist, has partnered with Lyra to provide the latter advanced transaction monitoring and hosting.
Singapore and India unveil real-time payments linkage
Singapore and India have officially launched the linkage between the former’s PayNow solution and the latter’s Unified Payments Interface.
Could there be a foreign cyber threat impacting the 2024 US election?
State election and cybersecurity experts have warned that Russia and other foreign adversaries could pose a significant threat ahead of the 2024 elections.
Here are 5 priorities of CROs you must know
As regulatory pressures continue to mount, what are the biggest priorities? Aveni, a UK-based RegTech platform, has outlined the top five things financial services CROs are currently prioritising.
SFC unveils consultation on visual asset trading platform regulation
The Securities and Futures Commission (SFC) of Hong Kong has launched a consultation on the proposed requirements for operators of virtual asset trading platforms.
