Standard Chartered partners with RegTech to fight financial crime
Standard Chartered has bolstered its fight against financial crime by partnering with RegTech firm Silent Eight.
MYbank shares risk management & AI data with FIs in China
Alibaba-backed MYbank, a Chinese online bank backed by Alibaba, is set to share its risk management & AI data with financial institutions In China.
Banks need to outsource to reach compliance, according to RegTech panel
Banks must continue outsourcing to keep up with technology and regulation, according to a panel at the Global RegTech Summit 2018.
International coalition to investigate cryptocurrency tax crime
The UK, Australia, Canada, the Netherlands and the US have teamed up in a joint venture to tackle international tax crime and money laundering.
Square withdraws application for banking license with the FDIC
San Francisco-based payments processor Square has reportedly withdrawn its regulatory application to open a deposit-taking bank.
Fortytwo Data upgrades sanction screening platform
Fortytwo Data, a London-based anti-money laundering and client screening platform provider, has upgraded its entity screening platform.
Index Ventures pulls in $1.65bn across two new fundraises
Transatlantic venture capital house Index Ventures has pulled in $1.65bn for two new funds to complete a rapid fundraising process that significantly outstrips its predecessor vehicles.
Alcinéo picks Trustonic to protect mobile point of sale apps
Alcinéo has chosen Trustonic Application Protection (TAP) to protect its mobile point of sale (mPOS) apps.
IHS Markit approved by FCA as independent benchmark administrator
IHS Markit has been approved by the Financial Conduct Authority (FCA) as an authorised benchmark administrator under the European Benchmark Regulation (BMR).
PSD2 to fuel biometric payment adoption, according to Mastercard
With PSD2 implementing new rules on strong customer authentication,
Mastercard is predicting a big future for biometric technology.
