BioCatch secures $20m from four major global banks
Behavioural biometrics startup BioCatch has secured a $20m investment from major global banks Barclays, Citi, HSBC and National Australia Bank.
The European Commission proposes new regulation for digital payments and cryptos
The European Commission has adopted a new Digital Finance Package, which aims to improve the competitiveness and innovation of the financial sector.
CloudMargin collects $15m in its Series B to support US and Asia growth
CloudMargin, a provider of collateral and margin management tools, has collected $15m in its Series B round.
Ripjar bags $36.8m Series B investment round
Data intelligence company Ripjar has bagged $36.8m in its Series B round from Long Ridge Equity Partners.
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).
