Australia’s CFR backs cryptoasset regulation framework
Australia’s Council of Financial Regulators (CFR) has revealed its support for a government plan to create a new regulatory framework for cryptoassets.
Metro Bank fined £5.4m for regulatory reporting failings
The Prudential Regulation Authority (PRA) has slapped Metro Bank with a fine of £5,376,000 for deficiencies related to the governance and controls of its regulatory reporting.
The ongoing rise of RegTech
A recent blogpost by PassFort has summarised what is driving the increased adoption of RegTech solutions and what trends the industry may see in 2022.
Security automation firm ContraForce inks $2m seed
No-code security automation company for SMEs ContraForce has raised $2m from a seed funding round.
The 5 main onboarding threats in 2022 and how to protect yourself from them
Here are the 5 main sources of onboarding-related threat to your financial institution in 2022, and here’s what to do about them.
Tax compliance platform Taxdoo inks $64m Series B
German financial compliance company Taxdoo has raised $64m from a Series B funding round led by Tiger Global.
PlainID secures $75m from Insight Partners-led Series C
Cybersecurity firm PlainID has raised $75m from a Series C funding haul headed by US VC and private equity company Insight Partners.
Acuminor unveils updated ThreatView platform
Financial crime prevention firm Acuminor has updated its ThreatView platform to bolster its financial crime support offering.
Why compliance and transparency are vital for digital financial solutions
A blogpost by Kidbrooke has detailed how financial organisations can ensure regulatory compliance and transparency when it comes to their digital financial products.
Why 2021 was a red-letter year for RegTech
After a tough 2020, the world looked to 2021 with the optimism of a new beginning and hoped for respite from the Covid-19 pandemic. While the pandemic still looms large, businesses globally are learning how to operate in this new normal. With in-person interactions still a stretch for many, RegTech solutions are being given their time to shine.
