AML360 has become the latest RegTech venture to expand across Southeast Asia
RegTech startup AML360 has revealed ambitious plans to grow acros Southeast Asia, pushing its third-party outsourcing features as one of its key services.
UK regulator orders British banks to explain their overdraft rate hikes
Several UK banks have changed their overdraft rates to be around 40%, more than double some of their previous charges. Now the Financial Conduct Authority (FCA) wants to understand why.
UK consumer confidence doubles over the past decade
UK consumer confidence in financial institutions has doubled since 2010, according to research from Harris Interactive.
UK government propose new guidelines to boost the cybersecurity of the internet of things
Connected devices can create considerable cybersecurity concerns for businesses. Now the UK government is proposing new requirements to minimise the threat.
Payment Systems Regulator calls for opinions on regulation changes
The UK’s Payment Systems Regulator (PSR) has asked for opinions regarding competition issues which could occur following the New Payments Architecture (NPA).
Identity verification startup Persona nets $17.5m in Series A funding round
Having secured $17.5m in additional funds from investors like Coatue Management and First Round Capital, Persona is now looking to develop its solutions and grow its team.
Singapore introduces new payment regulation
The Monetary Authority of Singapore (MAS) has launched the new Payment Services Act (PS Act) which bolsters consumer protections within electronic payments.
Banking API company Teller announce new $4m seed round to take on Plaid
Venture capital Lightspeed Ventures, Founders Fund and PayPal founder Max Levchin's SciFi VC have joined forces to back banking API provider Teller’s new funding round.
Bank of France governor calls for central banks to issue digital currency
Central banks should be in charge of issuing digital currencies as the use of cash declines, the Bank of France's governor Francois Villeroy de Galhau said.
How Sweden aims to become a FinTech superpower
From: FinTech Global
The Nordics in general and Sweden in particular are experiencing a FinTech boom. However, new regulations and investment worries could slow down the...
