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Wells Fargo & Co to pay $3bn in fraud case

Wells Fargo & Co has reportedly agreed to pay $3bn as a settlement after a criminal and civil investigation into fraudulent sales practices.

Neonomics to launch PSD2 payment solution in Finland

Open banking API developer Neonomics is set to launch a PSD2-based payment solution in Finland in partnership with Kivra, a digital mailbox.

Credify scores $1m in its seed round

Universal identity and trust system Credify has scored $1m in its seed round from venture capital firms BEENEXT and DEEPCORE.

Over two fifths of UK pensions and trustees are unprepared for environmental governance

Over two fifths (43%) of UK-based trustees and pension managers feel unequipped to monitor and report on their pension scheme’s Environmental, social and corporate governance (ESG) policy to a high standard.

The National Association of Realtors to offer cyber insurance

The National Association of Realtors (NAR) will launch a new cyber liability insurance product after a new partnership with CyberPolicy.

Polyverse Corporation scores $8m to increase platform adoption

Cybersecurity company Polyverse Corporation has scored $8m in a new funding round as it looks to boost the adoption of its cybersecurity technology.

RegTech unicorn OneTrust doubles its valuation within a year

Data compliance developer OneTrust has more than doubled its valuation in a year to $2.7bn, after it closed a new $210m Series B.

PayPal and BT hackers jailed after defrauding over 2,000 people

Seven out of eight gang members have been jailed after defrauding thousands of people through hacking PayPal and BT accounts.

ZeroFOX secures $74m in funding as it eyes global expansion

Cybersecurity company ZeroFOX has closed its latest funding round on $74m, as it looks to accelerate its global expansion.

Will the US remain the RegTech top dog as new hotbeds are on the...

Federal deregulation and increased international competition are all factors that could push US RegTech down from the throne. Or are they?

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