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Cybersecurity company Proofpoint acquires ObserveIT for $225m

Proofpoint, the cybersecurity company, has bought threat management firm ObserveIT for $225m.

Taking the fight: What do RegTech companies think about the EU potentially setting up...

European finance ministers are expected to urge the European Commission to set up a new anti-money laundering authority. Whilst optimistic, RegTech stakeholders expect challenges to come.

UK MPs call for sanctions and payment delays to combat fraud

UK MPs call for sanctions on banks failing to meet deadline for new account check rule and to implement 24-hour delay on payments to help combat fraud.

Germany’s banks lash out against Libra whilst pushing for a digital euro

Could a digital euro be a better alternative to Libra? A leading group of German banks thinks so.

Facebook is accused of discriminating against female financial services consumers

Mark Zuckerberg’s legal woes do not seem limited to getting regulators to approve of Libra, but now Facebook is facing accusations of discriminating against women and old consumers.

France snubs the EU’s life insurance recommendations for UK policy holder in case of...

The top French insurance watchdog has rejected the EU’s recommendation to up uphold life insurance policies signed in the UK, but where the policy holder has moved to another member state.

FSMA adds more crytpocurrency sites to its avoid list

Belgium’s Financial Services and Markets Authority (FSMA) has warned consumers of using nine cryptocurrency platforms.

GIACT Systems releases new service

GIACT Systems, an identity and authentication platform, has released a new automated identity monitoring solution.

Danske Bank’s profits drop as the lender deals with fallout from a massive money-laundering...

The Danish lender Danske Bank saw its shares plummet by 4.1% as it revealed that it is expecting net profits to be on the low end of its previous estimates.

The Financial Stability Board discusses financial vulnerabilities

The Financial Stability Board (FSB) held a meeting of Regional Consultative Group (RCG) for the Americas to discuss financial vulnerabilities.

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