ESMA publishes framework for fourth central counterparty stress test
The European Securities and Markets Authority (ESMA) has announced the framework for the fourth version of its Stress Test for Central Counterparties (CCPs).
Bank of England paper provides stablecoin regulatory stance
A Bank of England (BofE) paper has highlighted that stablecoins used as money should be expected to face the same regulatory standards as those attached to bank deposits.
Trulioo hits $1.75bn valuation following close of Series D
Global identity verification platform Trulioo has entered the unicorn club after its $394m Series D round puts its valuation at $1.75bn.
US Department of Justice recovers most of Colonial Pipeline ransom payment
The US Department of Justice (D.O.J) has revealed it has recovered the majority of the $4.4m ransom payment paid by Colonial Pipeline to the DarkSide ransomware variant.
Second annual CyberTech100 list reveals the world’s most innovative CyberTech companies
As the threat of cyberattacks continue to rise, FinTech Global has named the 100 most innovative CyberTech companies in its second annual list.
Bank identity checks could push close to a quarter to competitors, survey finds
A survey by FICO has found almost a quarter of UK-based respondents would move to a competitor if asked to visit branches or post documents when applying for an account.
Austreme secures patent for card testing fraud detection technology
Hong Kong-based forensic RegTech company Austreme has received approval for a patent for its e-commerce card testing fraud detection system.
LoginID receives strategic investment from Visa
LoginID, a biometrics authentication services provider, has received strategic funding from payments giant Visa, hot off the heels of its seed round.
European Banking Authority updates benchmarking exercise
The European Banking Authority (EBA) updates its Implementing Technical Standards (ITS) with new internal approaches to benchmarking.
FCA warns cryptocurrency companies are failing to meet UK AML requirement
The Financial Conduct Authority (FCA) has said a ‘significantly high’ amount of cryptocurrency firms are not meeting UK requirements on money laundering prevention.
