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Faction brings in $18m to support product, global expansion efforts

Faction, a multi-cloud platform developer, has secured $18m in its Series B financing round to support product expansion.

Regulatory support needed to help Indian FinTech reach potential

India’s FinTech sector is in needed of regulation to truly flourish according to a new report commissioned by Yes Bank.

algoreg raises $1m to enhance onboarding offering

algoreg, a Luxembourg-based RegTech company, has raised $1m in Series A financing to enhance its onboarding modular platform.

EBA launches ‘FinTech Roadmap’ to monitor the regulatory perimeter

The European Banking Authority has launched its ‘FinTech Roadmap’ and published its final report on the benefits and risks of big data.

TA Associates buys regulatory reporting provider Confluence

TA Associates has purchased Confluence, a provider of regulatory, investor communications and performance reporting.

UK challenger bank Fiinu to ‘utilise PSD2 and Open Banking’

New UK challenger bank Fiinu is looking to raise £500,000 through a crowdfunding campaign on Seedrs.

Eastern Caribbean Central Bank partners with Bitt for FinTech pilot

The Eastern Caribbean Central Bank (ECCB) has partnered with Barbados-based FinTech company Bitt to conduct a FinTech pilot.

JP Morgan buys stake in Mosaic Smart Data

JP Morgan has added Mosaic Smart Data to its strategic investments portfolio by taking a minority stake in the company.

TrustArc launches new assessment solutions for GDPR

TrustArc, a San Francisco-based data privacy management company, has launched new assessment solutions to help companies reach GDPR compliance.

First Abu Dhabi Bank selects Accuity to strengthen screening

Accuity, a provider of risk and compliance, payments and KYC solutions has been selected by First Abu Dhabi Bank (FAB) to provide integrated global sanctions screening and data.

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