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US House Committee on Financial Services unveils new FinTech & AI task forces

The US House Committee on Financial Services has unveiled a new task force for financial technology and artificial intelligence.

‘SM&CR is more than just good governance’ – how tighter accountability is impacting firms

Financial institutions initially underestimated SM&CR but are beginning to realise its profound impact and the level of change it requires, according to Carl Redfern, co-founder and compliance director at Redland.

Private equity-backed cleversoft buys SecondFloor

Munich based cleversoft group has bought fellow RegTech solution provider SecondFloor.

OIDF and FDATA to work together in supporting open banking

The OpenID Foundation (OIDF) has signed a liaison agreement with the Financial Data and Technology Association (FDATA Global) to work together around the world.

NEST deploys KAS BANK solution to support cost transparency reporting

The National Employment Savings Trust (NEST) is working with KAS BANK to receive assistance with cost transparency reporting for its target date and specialist funds.

Data privacy company QEDIT closes $10m Series A

QEDIT, which has built a data privacy platform for blockchain-based transactions, has closed a $10m Series A round.

InCountry closes $7m seed to support operational expansion to 100 countries

Data residency-as-a-service platform InCountry has closed its seed funding round on $7m, to support team growth.

Sysnet study finds acquirers want merchants with at least 70% PCI compliance

Sysnet Global Solutions has released a new report which claims acquirers are expecting merchants to perform PCI compliance rates of 70 per cent or above.

The OBIE releases latest open banking standards

The Open Banking Implementation Entity (OBIE) has published the latest open banking standard.

ESMA has published new quarterly liquidity assessment for bonds

The European Securities and Markets Authority (ESMA) has made new data around bonds available through its data register to support MiFID II and MiFIR compliance.
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