PassFort successfully concludes SOC 2 audit
RegTech firm PassFort has revealed it has successfully completed its System and Organisation Controls (SOC 2) Type 2 audit.
RBI launches Fintech department to deal with Crypto, CBDC challenges
The Reserve Bank of India (RBI) has created a new Fintech department to deal with key challenges in the burgeoning sector.
France whacks Google and Facebook with $210m in fines
France’s data privacy and protection body has slapped Facebook with a €60m fine and Google with a €150m penalty following misdemeanours around internet cookies.
Why FinTechs need to be aware of the Green Claims Code
As the shift to become more environmentally conscious and sustainable takes hold at every level of society, businesses globally are realising the importance of making a more firm and honest approach to making their organisations more sustainable.
Annual GDPR fines exceed €1bn for first time
Annual General Data Protection Regulation (GDPR) fines exceeded €1bn for the first time since the regulation was implemented in 2018, Atlas VPN claims.
Deutsche Bank slapped with €8.6m fine for Euribor control deficiencies
Deutsche Bank has been fined €8.6m by BaFin due to weaknesses relating to controls of Euribor, the Euro Interbank Offered Rate benchmark used in the financial industry.
PassFort, Trulioo enter global partnership to transform KYC for regulated firms
RegTech firm PassFort and identity verification company Trulioo have partnered to offer regulated businesses a way to digitally transform their KYC and KYB processes.
Danish FinTech ComplyCloud nets €4.5m investment
Denmark-based ComplyCloud, which has built its own digital software lawyer, has landed a €4.5m investment from SEED Capital.
Taiwan’s FSC unveils new data sharing guidelines for financial institutions
Taiwan’s Financial Supervisory Commission (FSC) has introduced new data sharing guidelines.
Sheer Markets taps Muinmos to accelerate onboarding and compliance
Muinmos has been chosen by FinTech firm Sheer Markets for its fully automated AI-based onboarding solution.
