Swedbank gives prosecutor permission to question the bank’s lawyer over money laundering scandal
Swedish bank Swedbank has allowed authorities investigating a potential money laundering scandal to interview the lawyer who conducted the internal probe into the allegations.
Americans don’t step up to protect themselves against hack attacks
Despite most Americans knowing about the risks poised by cyber attacks, few are taking the steps needed to protect themselves against them.
Financial services firm PCI fined $1.5m by CFTC for failing to prevent and alert...
The US Commodity Futures Trading Commission (CFTC) has slammed the financial services firm Philip Capital Inc. (PCI) with a $1.5m fine for letting hackers compromise the company's systems and for failing to disclose the hack to customers.
What do FinTech and RegTech stakeholders think about the new Australian senate committee investigating...
Last week the Australian senate announced it would launch a new select committee to ensure the FinTech and RegTech sectors keep growing and remain compliant. Now, industry leaders have revealed what they think about it.
Digital identity company Trulioo raises $52.8m in Series C funding
Trulioo, a Canada-based global identity verification platform, has raised CAD $70m ($52.8m) in its Series C funding round.
Wealth management firms haemorrhage clients because they struggle to comply with new KYC and...
New regulations to prevent money laundering are part of the reason why wealth management firms are struggling to onboard their clients fast enough and risk losing them.
FOSSA bags $8.5m in its Series A led by Bain Capital and Costanoa
FOSSA, an open source management company, has bagged $8.5m in its Series A round which was led by Bain Capital Ventures and Costanoa Ventures.
March Capital Partners seeks $410m for fund III
March Capital Partners is seeking $410m for its third venture capital fund, just months after closing its sophomore vehicle.
Seven threats to UK financial services still unsolved before Brexit
The Financial Conduct Authority’s top dog has revealed seven issues the regulator have yet to solve before the UK departs from the EU.
FCA boss says UK firms have stepped up their preparations of a no-deal Brexit
The chief executive of the Financial Conduct Authority (FCA) has stated that preparations for the possibility of a no-deal Brexit have increased, but that there is still work to be done.
