How ramping up tech acquisitions can help financial institutions beat neobanks in the banking...
The financial services industry is undergoing a paradigm shift. For financial institutions to stay relevant and keep pace with FinTechs, they must do “whatever it takes” to beat the tech startups, including acquiring them, Aquaa Partners CEO says.
Dedoco nets seed funding to support development of its digital signing platform
Singapore-based Dedoco, which has created a decentralised digital document and signing platform, has closed its seed round on SGD 3.3m ($2.4m).
GreyNoise Intelligence helps companies identify cyber threats by sifting through internet noise
Anti-threat intelligence company GreyNoise Intelligence has bagged $4.8m in its seed round.
The EBA supports technological neutrality in analysis of EU RegTech sector
The European Banking Authority (EBA) has issued an analysis of RegTech in the EU and commits to technological neutrality.
FCA proposes changes to climate-related disclosures
The UK’s Financial Conduct Authority proposes the introduction of climate-related disclosure rules for the most prominent listed commercial companies in December 2020.
European Banking Authority issues guidance on ESG risks
The European Banking Authority (EBA) has issued new guidance for financial institutions to bolster plans for ESG-related risks.
ESMA proposes changes to supervisory fees
The European Securities and Markets Authority (ESMA) has released technical advice to the European Commission on the supervisory fees charged to credit rating agencies (CRAs).
Kinectify teams with SCCG Management to bring AML and KYC to gaming
RegTech company Kinectify hopes to bring improved KYC and AML to the gaming industry through its new partnership with SCCG Management.
Hawk AI secures $10m in its Series A as it eyes international expansion
Hawk AI, an AI-powered anti-fraud solution, has closed its Series A on $10m, which it hopes will foster its international growth.
Palturai closes €4m Series A to support the expansion of its tool suite
RegTech company Palturai has closed a €4m Series A funding round as the company continues its growth efforts of the past year, which included new offices in Austria and the US.