Companies

The finance ministry in Sri Lanka has announced plans to set up a credit regulatory authority by the end of 2019.

With less than a month until the final deadline of Strong Customer Authentication (SCA), fears around preparedness are still prevalent and firms are trying to ensure there will not be a fall in payments come September 14.

From blockchain and behavioural mapping to cloud and encryption solutions, a smattering of different cybersecurity startups is among the new Plug and Play Fall 2019 batch. We took a closer look.

It has become a common occurrence that a subject (be it a legal entity or a human being) is involved in multiple aspects within an organisation. An entity which is being serviced for different products or services would usually lead to multiple records of the subject and also multiple KYC processes leading to inefficiencies and also increased risk. KYC Portal allows you to benefit of such occurrences to improve efficiencies and reduce risk exposure

Identity verification provider Onfido has been joined by FinTech companies Monese, Seedrs, Curve and B-Social in a sandbox run by the Financial Conduct Authority (FCA).

Switzerland’s Financial Market Supervisory Authority (FINMA) has issued new guidance for blockchain and cryptocurrency FinTech companies, warning them against breaking anti-money laundering (AML) laws.

American Ping Identity has filed for an initial public offering expected to raise $100m and make the company hit a valuation of up to $3bn.

Compliance automation platform Ascent has released its European Market Infrastructure Regulation (EMIR) service to its platform.

CardX, which builds technology solutions for credit card surcharging, has raised an additional $2m in growth financing.

Dutch National Bank has granted the American monetization platform 2Checkout a Revised Payment Service Directive (PSD2) payment institution licence.