ESMA updates its Q&A on the Prospectus Regulation
The European Securities and Markets Authority (ESMA) has updated its questions and answers on the Prospectus Regulation.
Fintecture said to raised €6.2m in seed funding
Fintecture, which aims to make instant payments safer and cheaper, has reportedly collected €6.2m in its seed round.
Compliance and regulation software Sovos acquires FinTech firm Acepta
Boston-based tax compliance and regulatory software Sovos took over Chile-based Acepta’s digital enablement business.
AutoRek names Omnio as its latest client
Data management platform AutoRek has named Omnio as its latest digital banking and payments client.
TerraTrue said to raise $15m in its Series A
Privacy platform TerraTrue has reportedly collected $15m in its Series A funding round.
Keeper Tax nets $13m to support build out of its tax platform for gig...
Keeper Tax, a tax filing software platform for gig workers, creators and freelancers, has closed its Series A round on $13m.
Ecommerce fraud losses of $20bn expected in 2021, China to be key fraud market
A new study by Juniper Research has highlighted it expects over $20bn in ecommerce losses this year due to online payment fraud – a rise of 18% compared to 2020.
SEC charges Harbor City Capital and its CEO with operating a Ponzi scheme
The Securities and Exchange Commission (SEC) has obtained a temporary restraining order and an asset freeze to stop an alleged Ponzi scheme and misappropriation of investor funds by Jonathan P. Maroney through several entities he controlled including Harbor City Capital.
ALT/AVE scores £535,000 to combat paper waste in banking
London-based ALT/AVE has received a £535,000 capital injection, which was comprised of a grand and pre-seed funding.
India’s RBI bans American Express, Diners Club from on-boarding new customers
The Reserve Bank of India (RBI) banned American Express Banking and Diners Club International from adding new customers, citing non-compliance with data-storage rules.
