Financial services have been slammed by more GDPR fines than any other industry
The EU’s General Data Protection Regulation (GDPR) has been in force for over a year. During that time, financial services businesses have incurred the bulk of the fines from the law.
Background checking scaleup Checkr lands $2.2bn valuation following $160m funding round
Checkr, the company conducting background checks on gig economy workers, has just announced the closure of a $160m equity funding round.
The biggest challenges giving the RegTech sector a headache right now
From getting accurate data to responding to new regulatory challenges, there are plenty of opportunities and obstacles to overcome for RegTech innovators.
How MiFID II is already saving investors millions
The UK's Financial Conduct Authority (FCA) has published multi-firm review findings indicating the Markets in Financial Instruments Directive’s (MiFID II) has improved asset managers’ accountability over costs, saving investors millions.
FacePhi nets €4m in funding from Nice&Green to support Asian expansion
FacePhi, a facial recognition and mobile biometrics company, has netted €3.5m in equity funding and €500,000 in a capitalized loan from Nice&Green.
Identification platform Alloy collects $12m in its Series A
Alloy, an identity verification service for financial services, has bagged $12m in its Series A round.
SKOUT CYBERSECURITY raises $25m in Series B
SKOUT CYBERSECURITY, a cloud-native security solution for small and mid-sized businesses, has raised $25m in its Series B.
DCVC pulls in $725m for its latest deep tech-focused fund
DCVC has pulled in $725m for its latest fund which will focus on opportunities within deep tech.
What does it take to develop a RegTech solution to help businesses comply with...
MAP FinTech’s new product helps businesses deal with the EU’s complicated Markets in Financial Instruments Directive (MiFID II). However, developing it was far from...
Barclaycard’s early data finds that SCA has not had any bad impact, yet
The new strong customer authentication (SCA) rules snapped into force this weekend. However, Barclaycards has so far not seen any an increase of abandoned transactions or declined payments.
