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UK authorities launch Regulatory Initiatives Grid to help firms struggling because of COVID-19

UK financial market stakeholders have joined forces in a new effort to help financial services firms prepare for upcoming regulatory work.

Brexit hasn’t gone away because of the coronavirus – the FCA says

The Financial Conduct Authority (FCA) has warned businesses that they still need to get act together when it comes to Brexit, despite COVID-19.

European Central Bank warns that cryptocurrencies like Libra could pose a major risk for...

It seems as if the Libra Association has ramped up its efforts to get Libra off the launchpad. However, now the European Central Bank has published a research paper warning that stablecoins like Libra could badly impact the markets.

Nearly half of consumers see fraud as a cost of the digital economy

Worryingly, 42% of consumers in the UK consumers see fraud as a cost of living in an increasingly digital economy, according to a survey from card issuing platform Marqeta.

Identity management solution Clear Skye bags $4.95m in its Series A round

Clear Skye, which offers an identity and access governance (IAG) solution, has bagged $4.95m in its Series A.

The FCA is looking to find legal clarity about business insurance coverage in terms...

COVID-19 has caused major business disruption around the world, but it’s unclear how much insurance policies cover in the case of a pandemic.

MCO works with Governor Software to boost compliance

MCO (MyComplianceOffice) has formed a strategic partnership with Governor Software to help companies better track compliance requirements.

The SEC opens up crowdfunding rules to help businesses survive COVID-19

As the coronavirus is continuously making the situation more dire for businesses, the Securities and Exchange Commission (SEC) has offered them a potential lifeline by providing temporary, conditional relief by easing the US’ crowdfunding rules.

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.
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