Open banking platform LUXHUB closes €7.4m funding round
Open banking API platform LUXHUB has received €7.4m in an internal funding round which will support its European expansion.
SmartSearch launches new facial recognition feature to strengthen its anti-money laundering platform
In a bid to up the ante in the fight against dirty money, SmartSearch has added a new facial recognition feature to its digital anti-money-laundering (AML) platform to bolster security in the days of COVID-19.
UK’s FCA pushes back SCA implementation even further
With the coronavirus putting a lot of pressure on businesses, the UK Financial Conduct Authority has yet again extended the deadline for Strong Customer Authentication (SCA).
24 RegTech and FinTech funding rounds from the last week you should know about
From Stash’s $113m round to Okra collecting $1m in new investment, the last week has seen a smattering of FinTech companies raise money.
Onfido reportedly in talks with UK government to provide immunity passport to ease the...
Governments around the world are clamouring for solutions to help them save the economy from the fallout of the coronavirus. RegTech Onfido is reportedly one of the tech firms the UK government is talking to for help.
The FCA offers guidance about what to expect from business interruption insurance during COVID-19
Businesses around the UK have been hurt due to the coronavirus, but finding out if their insurance covers the interruption isn’t always easy. Now, the Financial Conduct Authority (FCA) has set out to make the situation clearer.
FATF puts the UAE on notice after it failed to do enough to fight...
The United Arab Emirates may have made efforts in recent years to prevent money laundering and terrorism financing, but it may be too little too late.
FCA standfast about LIBOR ending in 2021
Despite the coronavirus pandemic, the Financial Conduct Authority (FCA) has issued another statement saying that firms cannot rely on LIBOR being published after the end of 2021.
FCA offers new guidance after UK government updates the Coronavirus Business Interruption Loan Scheme...
The British government has amended its initiatives to help companies survive the global COVID-19 pandemic. Now, the country’s top financial markets watchdog has offered guidance as to what this will be regulated.
Why do financial firms still get data laws wrong?
Nine out of ten financial services firms struggle to comply with data privacy laws. However, this has presented RegTech companies with new opportunities.
