Ascent helps big bank with over 30,000 employees comply with GDPR
One of the world’s 50 biggest banks recently tapped REGTECH100 company Ascent to find out how to comply with the General Data Protection Regulation (GDPR).
AML360 has become the latest RegTech venture to expand across Southeast Asia
RegTech startup AML360 has revealed ambitious plans to grow acros Southeast Asia, pushing its third-party outsourcing features as one of its key services.
ServiceNow acquires conversational AI platform Passage AI to boost language support
Cloud-based platform ServiceNow has acquired conversational AI platform Passage AI, for an undisclosed amount.
UK regulator orders British banks to explain their overdraft rate hikes
Several UK banks have changed their overdraft rates to be around 40%, more than double some of their previous charges. Now the Financial Conduct Authority (FCA) wants to understand why.
CFTC slams trader with $10m fine
A US regulator has fined a commodity pool operator over $10m for allegedly filling misleading statements and failing to implementing an adequate supervisory system to prevent such misstatements.
Payment Systems Regulator calls for opinions on regulation changes
The UK’s Payment Systems Regulator (PSR) has asked for opinions regarding competition issues which could occur following the New Payments Architecture (NPA).
Banking API company Teller announce new $4m seed round to take on Plaid
Venture capital Lightspeed Ventures, Founders Fund and PayPal founder Max Levchin's SciFi VC have joined forces to back banking API provider Teller’s new funding round.
How Sweden aims to become a FinTech superpower
From: FinTech Global
The Nordics in general and Sweden in particular are experiencing a FinTech boom. However, new regulations and investment worries could slow down the...
European Commission explores deeper protectionist antitrust rules
The European Commission is exploring deeper protectionist antitrust rules and to encourage businesses to share data, according to a report from Reuters.
Group of central banks investigating whether the time is right to launch digital currencies...
With everyone from Facebook to singer Akon launching cryptocurrencies, it is hardly surprising that central banks are also looking into leveraging the technology.
