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.
Arctic Intelligence appoints COO to CEO as the RegTech kick-starts next phase of its...
Australian Arctic Intelligence has announced a major change in its leadership, with COO Darren Cade taking over as CEO from founder Anthony Quinn, who will become the company's board director.
Nordic Capital to acquire BearingPoint RegTech
Venture capital firm Nordic Capital has agreed to buy BearingPoint RegTech from its parent company BearingPoint.
Allica Bank taps Sphonic to help it prevent financial crime
Having only launched earlier this year, Allica Bank has now picked Sphonic to manage its financial crime fighting efforts
MAP FinTech expands partnership with DTCC
RegTech provider MAP FinTech is expanding its strategic collaboration with the Depository Trust & Clearing Corporation (DTCC), the post-trade market infrastructure for the global financial services industry.
