Dutch bank ABN Amro investigated for alleged money laundering
Having anti-money laundering procedures in place have become increasingly important over the past few years. However, it seems ABN Amro may have failed in this regard.
Digital securities issuer Securitize scores $14m in strategic funding
Securitize, a solution for issuing and managing compliant digital securities on the blockchain, has scored $14m in a strategic fundraise.
The round was led by...
The British Competition and Markets Authority has fined PayPal over its $2.2bn acquisition of...
PayPal has been slammed with a £250,000 fine after failing to clearly separate itself from iZettle, despite an order from the Competition and Markets Authority (CMA).
Third of global banking industry adopt UN’s responsible banking goals to fight climate change
Banks with more than $47tn in assets and representing a third of the global industry have committed to do their part to curb climate change by signing up to the UN’s responsible banking principles.
The biggest challenges giving the RegTech sector a headache right now
From getting accurate data to responding to new regulatory challenges, there are plenty of opportunities and obstacles to overcome for RegTech innovators.
What does it take to develop a RegTech solution to help businesses comply with...
MAP FinTech’s new product helps businesses deal with the EU’s complicated Markets in Financial Instruments Directive (MiFID II). However, developing it was far from...
FICO and Arachnys partner to boost businesses’ KYC efforts
Financial crime compliance solutions provider FICO has entered into a partnership with Arachnys, the client onboarding risk management RegTech firm.
Contract management platform Ironclad closes $50m Series C
Digital contracting platform Ironclad has collected $50m in its Series C round.
What do FinTech and RegTech stakeholders think about the new Australian senate committee investigating...
Last week the Australian senate announced it would launch a new select committee to ensure the FinTech and RegTech sectors keep growing and remain compliant. Now, industry leaders have revealed what they think about it.
Wealth management firms haemorrhage clients because they struggle to comply with new KYC and...
New regulations to prevent money laundering are part of the reason why wealth management firms are struggling to onboard their clients fast enough and risk losing them.
