Is it fear of automation or something else that keeps big banks from adopting...
Lots of huge financial institutions talk the talk about innovation, but few seem to walk the walk and actually implement RegTech solutions.
That is according...
Less than one in three businesses believe they are compliant with GDPR
The General Data Protection Regulation (GDPR) has been enforced since May 2018. However, only 28% of business leaders think they are compliant with the EU’s data privacy law.
Altoona First Savings Bank picks CSI for its cybersecurity and IT risk compliance initiatives
Pennsylvania-headquartered Altoona First Savings Bank has chosen FinTech and RegTech developer Computer Services, Inc. (CSI), to increase its operational efficiencies and strengthen its regulatory...
Revolut picks BearingPoint RegTech to help it comply with regulations post-Brexit
Payments unicorn Revolut has taken another step to prepare for Brexit by picking BearingPoint RegTech’s Abacus360 Banking solution.
Verafin raises CAD $515m in a mixture of equity and debt recapitalization
Verafin, a financial crime management software company, has collected CAD $515m ($388m) in a mix of equity and debt recapitalization.
AntWorks and EvoluteIQ partner up to automate banks’ transition of interest reference rates
London-based intelligent automation venture EvoluteIQ has teamed up with AntWorks, the AI and automation company, to create an automation solution for banks and financial services.
ECB top: “Libra has undoubtedly been a wakeup call for central banks and policymakers”
Benoît Cœuré, executive board member of the European Central Bank, has told the German Bundestag that stablecoins like Facebook’s Libra initiative come with both risks and opportunities.
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).
