30 FinTech rounds from last week you cannot afford to miss
What do the 30 FinTech funding rounds from last week tell us about the state of the industry?
Money laundering fine and Covid-19 cause 66% profit free fall for Westpac
The trials of the coronavirus pandemic and the $910m fine for breaking Australia's money laundering laws have caused a 66% drop in Westpac's profits.
IDmission’s selfie identity verification solution gets another upvote
RegTech IDmission has been given another sign of approval for its identity verification software that uses selfies to make sure customers are who they say they are.
What are the biggest mistakes RegTech companies can make?
The RegTech industry has proven resilient throughout the Covid-19 crisis, but vendors better avoid making big mistakes to ensure their future success.
FCA and PRA fine Goldman Sachs International £96.6m for risk management failures
Goldman Sachs International has been fined £96.6m by British regulators for its role in the 1Malaysia Development Berhad (1MDB) scandal.
Atom bank picks SurePay to fight fraud and prevent misdirected online payments
Atom bank has picked RegTech SurePay to help the app-based bank to fight fraud and prevent misdirected online payments with its Confirmation of Payee solution.
The identity verification market is expected to be worth $15.8bn in 2025
Secure onboarding has grown in importance ever since the 2008 financial meltdown and it seems as if the identity verification market is growing in response to the rising demand.
How onboarding customers at ATMs can be a safe and cost-cutting alternative to traditional...
RegTech Electronic IDentification has proposed a solution that would use biometrics to help people set up bank accounts at ATMs.
Shift Technology partners with MAPFRE to evolve online insurance claims
AI-native fraud detection and claims automation platform Shift Technology has teamed up with global insurer MAPFRE to transform insurance claims.
Silent Eight doubles its valuation after the close of a $15m investment
Silent Eight, which leverages AI technology to combat money laundering and terrorism financing, has closed a funding round on $15m.