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Deal Updates

Nesta reveals 15 finalists for FinTech challenge

Nesta has revealed the 15 finalists for its Open Up 2020 Challenge, with each receiving between £50,000 to £100,000 to support development.

Eight Canadian regulators sign cooperation agreement with Singapore

The Monetary Authority of Singapore (MAS) and eight members of the Canadian Securities Administrators (CSA) have formed a cooperation agreement.

Monetary Authority of Singapore creates framework to support AI and data analytics adoption

The Monetary Authority of Singapore (MAS) is working with financial industry partners to establish a framework for financial institutions to promote the adoption of AI and data analytics.

Private equity firm Sverica makes investment into Gryphon

Private equity firm Sverica Capital Management has made a strategic investment into Gryphon Networks, a sales performance management and compliance software company.

HPS has been given an information security management certification

FinTech company HPS has bagged an ISO / IEC 27001 certification, showcasing it lives up to an international standard for information security management systems.

Styra has bagged $14m in funding from Accel

Cybersecurity startup Styra has secured $14m in its Series A round led by Accel, the venture capital firm.

Companies around the world are getting worse at complying to payment security rules

Only one out of three companies around the world live up to international information security standards for credit cards. That’s according to a new report...

TruNarrative expands its financial crime and compliance management offering to North America

European RegTech company TruNarrative is setting up a new US headquarters in Atlanta to cement its presence in the North American market.

ESMA offers three pieces of advice to European Commission on EMIR

The European Securities and Markets Authority (ESMA) has advised the European Commission how to assess comparable compliance of third-country central counterparties (TC-CCPs).

Wells Fargo has been found guilty of infringing two auto capture patents and forced...

Legalwise, it has not been a great week for Wells Fargo. First it was ordered by a US regulator to pay $14m for failing to uphold conduct standards and then a jury ordered the financial services company to pay $200m for infringing on two patents.

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