FCA starts proceedings against individuals behind an alleged “unrealistic” care home investment scheme
The Financial Conduct Authority (FCA) has commenced legal proceedings against the men behind an alleged "unrealistic" and "unauthorised" care home investment scheme.
Compliance.ai closes its Series A round on $3m as it eyes international growth
US-based Compliance.ai has closed its Series A funding round on $3m, which will enable the company to expand into international jurisdictions.
Trustly taps Napier to help with compliance
Swedish FinTech Trustly is experiencing a growth spurt, having recently picked up a cash injection from BlackRock and expanding to Australia and Canada. It has now tapped Napier to ensure it can maintain the growth in a compliant way.
What will Brexit mean for UK FinTech and RegTech?
The UK is home to one of the world's most thriving FinTech and RegTech communities, but Brexit has raised concerns about whether the future of the ecosystem is at risk.
Singapore regulator to support RegTech with $26m grant
Governments around the world are rapidly recognising the importance of nurturing RegTech solutions and the Monetary Authority of Singapore (MAS) is no different, having just rolled out a $26m productivity solutions grant to do so.
Banks face considerably lower ratings if they don’t tackle financial crime and governance
Sigma Ratings and Fitch Group warn in a new report that banks and financial institutions could face serious risks if they neglect to tackle financial crime, oversight and governance risk.
CMA blocks FNZ and GBST merger because of antitrust concerns
The UK's markets watchdog has halted the merger between investment platforms FNZ and GBST because of competition concerns.
DoJ files suit to block Visa’s acquisition of Plaid
Visa's $5.3bn acquisition of Plaid was supposed to be one of the biggest FinTech deals this year, but the US Department of Justice seems dead set against it and has filed a suit to stop the deal.
Osome has secured $3m in investment
RegTech and accounting app Osome has netted $3m in a new funding round.
Rimes buys RegTech firm EBR Analytics
Rimes Technologies has acquired compliance technology company EBR Analytics and will integrate it into its services.
