Square withdraws application for banking license with the FDIC
San Francisco-based payments processor Square has reportedly withdrawn its regulatory application to open a deposit-taking bank.
Index Ventures pulls in $1.65bn across two new fundraises
Transatlantic venture capital house Index Ventures has pulled in $1.65bn for two new funds to complete a rapid fundraising process that significantly outstrips its predecessor vehicles.
Exiger lands $80m from Carrick Capital Partners
Exiger, a provider of regulatory, financial crime, risk and compliance solutions, has raised a $80m investment from Carrick Capital Partners.
RegTech’s benefits are endless, even for non-regulated markets
RegTech brings endless possibilities and can benefit non-regulated markets; however, regulators need more resources to help the burgeoning market grow, according to Kristoff Zammit Ciantar, CEO of Aqubix.
Gresham acquires payments provider B2 Group
Gresham Technologies, a financial data platform, has acquired payments provider B2 Group for an undisclosed amount.
Temenos and LUXHUB create PSD2 solution for banks
Temenos has teamed up with LUXHUB, a European open banking API platform, to create a PSD2 solution for banks.
Regulations are taking resources away from Cybersecurity
Regulations are sapping resources and distracting financial institutions away from their cyber defences according to panellists at the Global RegTech Summit 2018.
FCA expands regulatory sandbox with new cohort
The Financial Conduct Authority has expanded its regulatory sandbox, adding a number of RegTech’s to the initiative's fourth cohort.
Mitek picked by new crypto trading platform for KYC
Mitek has been chosen by new cryptocurrency trading platform, DXE for automated ID verification.
Automation Anywhere closes $250m Series A, valuing the company at $1.8bn
One of the biggest Series A investment rounds ever recorded has seen investors including NEA and Goldman Sachs help software bot developer Automation Anywhere...
