Biometric authentication usage to grow by just under 1,000% by 2024
Biometric authentication will be used to secure over $2.5 trillion worth of mobile payment transactions by 2024, according to an investigation from Juniper Research.
Chinese companies are shaping global facial recognition standards
From customer authentication to cybersecurity, RegTech companies can leverage facial recognition tech in numerous ways.
hawk:AI partners with PwC to help financial institutions investigate fraud
hawk:AI, a RegTech 100 company, has formed a partnership with auditing and consulting firm PwC to better help financial institutions identify and investigate money laundering.
The US department of Justice bolsters Deutsche Bank money laundering investigation
The US Department of Justice (DoJ) has reportedly bolstered its investigation into Deutsche Bank’s involvement in last year’s Danske Bank money laundering scandal.
HSBC and Santander to refund customers after breaching CMA rules
HSBC and Santander are to refund their customers after they both failed to comply with the Competition and Market Authority’s (CMA) rules.
Signicat and SurePay partner to combat payment fraud
Digital identity platform Signicat will integrate its services with SurePay’s bank account verification service under a new agreement.
Companies in North America have captured more than 60% of RegTech deals globally since...
There were almost 1,000 RegTech deals completed globally between 2014 and Q3 2019, with $16.1bn raised across these transactions.
North American companies have dominated the...
SecuLetter nets $6m Series B, valuing the business at $36m
SecuLetter, an email protection platform, has netted $6m in its Series B round which ups its company valuation to $36m.
UK’s FCA launches consultation on benchmark administrators under SM&CR
The UK’s Financial Conduct Authority (FCA) has released a consultation on how to apply the Senior Managers Regime (SMR) to benchmark administrators.
NatWest and RBS suffer system outage during Black Friday
NatWest and RBS banking apps are currently down, as customers look to make the most of Black Friday sales.
