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.
Funding Options to improve customer experience through DueDil deal
Funding Options, which offers companies an alternative to business finance, will simplify its customer journey and accelerate finance applications with new DueDil partnership.
OpenText to acquire cybersecurity company Carbonite in $1.42bn deal
Business management technology provider OpenText has inked a deal to buy Carbonite, the cybersecurity company, for $1.42bn.
Gig economy InsurTech Zego has accomplished a UK first by being awarded an insurance...
Zego, the InsurTech startup, claims to have become the first British business in the sector to acquire an insurance licence.
Red Balloon to improve security with NHA ATMs
Red Balloon Security is to help Nautilus Hyosung America (NHA) enhance security for its retail ATMs.
Jumio to build eKYC process for I-Remit
Digital identity startup Jumio is to create a streamlined digital onboarding and eKYC process for non-bank remittance service provider I-Remit.
US regulator is investigating if Apple Card is sexists after accusations from Apple’s founder...
Apple and its partner Goldman Sachs have found themselves at the centre of allegations about Apple Card discriminating women.
Here’s what the RegTech industry thinks about the Australian senate’s committee investigating the sector
Australia’s lawmakers have launched a select committee to see how the emerging RegTech community is doing. We checked in with industry stakeholders to see what they thought of the initiative.
New VAT rules could enter EU by 2024
The EU’s new VAT system has introduced rules which will make relevant data on online purchases available to anti-fraud authorities.
UBS fined $51m by Hong Kong regulator for overcharging
Swiss multinational investment bank UBS has reportedly been fined HKD $400M ($51m) by Hong Kong’s securities regulator for overcharging around 5,000 clients.
