EQT Ventures hails open banking opportunity amid latest Token investment round
Open banking platform Token has scored a new round of funding from investors including EQT Ventures and banking giant BNP Paribas.
BITPoint LatAm boosts AML and KYC with IdentityMind partnership
BITPoint LatAm, a crypto to fiat exchange platform, has partnered with IdentityMind to support its AML and KYC processes in Latin America.
Big banks reinvest in Symphony Communications through new $165m round
Venture capital-backed secure messaging app Symphony Communications has brought its total capital raised to more than $460m thanks to a new round led by Standard Chartered and MUFG Innovation Partners.
Regulation is biggest barrier to digital innovation in UK – FIS study claims
The biggest barrier to UK financial institutions developing new digital products, services and operations is regulatory compliance risk, according to a study from FIS.
Ideagen acquires SR&CR compliance platform Redland in £15.8m deal
GRC software management company Ideagen has acquired Redland Business Solutions, a provider of regulatory and compliance software, in a £15.8m deal.
Sopra Banking Software partners data exchange platform Digi.me
Sopra Banking Software has formed a partnership with personal data security platform digi.me to improv secure personal data exchange.
Datactics receives £1.2m in funding led by Par Equity
Ireland-based Datactics, a compliance and data harmonisation solution for financial institutions, has received £1.2m in new funding.
equensWorldline helps 25 European banks reach first PSD2 compliance milestone
equensWorldline, a European card and payment processor, has helped 25 European banks reach the first milestone of PSD2 compliance.
Privitar bags $40m Series B led by Accel
Data privacy company Privitar has bagged $40m in its Series B funding round which was led by global venture capital firm Accel.
Has Open Banking realised its potential or is this just the beginning?
Open Banking has got off to a good start, but it’s time for it to capitalise on the full benefits it can give consumers and the market, according to Justin Fitzpatrick, CEO at DueDil.
