TrueLayer bags $25m in Series C round
Open banking company TrueLayer has added another $25m to its coffers by tapping its existing investors for another cash injection.
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.
The European Banking Authority releases online survey for support on ESG risks
The European Banking Authority (EBA) issued a online survey to credit institutions to offer guidance on the disclosure of information on environmental social governance (ESG) risks.
The European Central Bank is reducing the burden of reporting for banks
The European Central Bank (ECB) has reduced the reporting burden banks in Europe face without impacting the amount of information it is able to collect.
The UK’s FCA launches new review of unsecured credit market
The UK’s Financial Conduct Authority (FCA) has launched a review of the future regulation of the unsecured credit market, which could see crackdown on companies
Palo Alto Networks acquires The Crypsis Group in $265m deal
Cybersecurity company Palo Alto Networks has acquired incident response and risk management consultant The Crypsis Group in a deal worth $265m.
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.
Ascent deploys its solution with New York-based broker-dealer
AI-powered compliance company Ascent has deployed its technology to an unnamed New York-based broker-dealer firm to improve their compliance processes.
