VC-backed Riskified said to be seeking another $200m in funding
Venture Capital-backed RegTech Riskified is reportedly looking to raise as much as $200m, with an IPO being considered as one of the options.
Axioma bought by Deutsche Börse for $850m while General Atlantic invests
Axioma, a RegTech 100 company, is set to be acquired by German stock exchange operator Deutsche Börse in a $850m deal that sees General...
Offshore Bank using KYC Portal to automate 60% of all retail on-boarding
Aqubix’s KYC Portal has revealed an unnamed offshore bank has deployed its KYC and due diligence solution to automate 60 per cent of its retail onboarding processes.
Bewica launches new cyber insurance tools for brokers and intemediaries
Cyber insurance MGA Bewica has released a set of tools to help brokers and intermediaries looking to move into the SME cyber insurance space.
FCA slaps Standard Chartered with £102.2m fine for ‘poor’ AML controls
The Financial Conduct Authority has issued its second largest financial penalty ever for AML controls failings, after fining Standard Chartered Bank £102.2m for breaches in two areas of the business.
Mastercard, Microsoft, and Workday launch Cybersecurity Talent Initiative
Mastercard, Microsoft, and Workday have launched the Cybersecurity Talent Initiate, a partnership to recruit the US’ best talent to help defend against cyberattacks.
World Federation of Exchanges welcomes FATF’s virtual asset service provider recommendations
The World Federation of Exchanges (WFE) has welcomed the recommendations from the Financial Action Task Force (FATF) on mitigating risks associated with virtual asset service providers.
European Commission and ESAs launch European Forum for Innovation Facilitators
The European Commission and the European Supervisory Authorities (ESAs) has launched its European Forum for Innovation Facilitators (EFIF).
Apiax opens new London office to capitalise on Brexit opportunities
Digital compliance platform Apiax has hired former FCA regulatory technology expert Alan Blanchard and opened a new office in London.
Cambodia and Singapore sign FinTech MOU to promote collaboration
The Monetary Authority of Singapore and the National Bank of Cambodia have signed a memorandum of understanding regarding FinTech innovation between the countries.
Under the...
