Swedish Financial Supervisory Authority penalises SEB with $112m fine for AML failings
The Swedish Financial Supervisory Authority (SFSA) has given Nordic bank SEB with a SEK1bn ($112m) administrative fine after failings in its anti-money laundering efforts.
Swedbank is being investigated by the Swedish Financial Supervisory Authority for suspected compliance breaches
The Swedish Financial Supervisory Authority (SFSA) has initiated an investigation into Swedbank for suspected breaches of market abuse.
Verisk acquires Medicare service provider Franco Signor in a $160m deal
Data analytics service provider Verisk has acquired Franco Signor, a Medicare Secondary Payer (MSP) service provider, in a deal worth $160m.
First AML bags $5.4m in its latest funding round
New Zealand-based RegTech startup First AML has bagged $5.4m in its Series A round, which was led by Bedrock Capital.
Digital identity solution Alloy closes its Series B on $40m
Alloy, an identity operating system for the financial services space, has closed its Series B round on $40m.
Has digital banking caused a rise in mobile deposit scams?
Fraud is on the rise and part of it is due to the growing adoption of mobile banking, according to a new report from Advanced Fraud Solutions (AFS).
RegTech100 company Arctic Intelligence takes it up a notch by updating its cloud-based risk...
Australian-based Arctic Intelligence has launched the latest iteration of its risk assessment platform to better support clients across the world.
It's been a busy...
The European Commission is investigating Visa on how it treats FinTech companies
Visa is being investigated by the European Commission in regards to how it treats FinTech companies in its network.
RegTech platform Zero Hash closes Series C round
Zero Hash has closed its Series C round, which was led by tastytrade, a Chicago-based holding company.
Mexican banks face huge money laundering threat – FIU
Seven big Mexican banks face a huge risk of being used for money laundering, according to new research from the Financial Intelligence Unit.
