RegTech

The Consumer Financial Protection Bureau opens lawsuit against Fifth Bank

The Consumer Financial Protection Bureau has filed a lawsuit against Fifth Third Bank, National Association after allegations of opening unauthorised accounts for consumers.

Cybersecurity startup outSOC launches out of stealth

Cybersecurity platform outSOC has come out of stealth and marked the occasion with the acquisition of SIEMPlexus Technology.

Arctic Wolf collects $60m in Series D as it looks to release new services

Arctic Wolf, a security operations centre (SOC), has collected $60m in its Series D round which was led by Blue Cloud Ventures and Stereo Capital.

Swedbank investigation finds potential money laundering incident

A money laundering investigation into Swedbank has found that transactions totalling around $4.8m constitute as sanction violations.

Fraud fighting company Signifyd launches new Commerce Protection Platform

Signifyd is updating its offering with a new solution aimed at protecting e-commerce companies from fraud.

Perimeter 81 closes an extension to its Series A

Perimeter 81, a zero-trust secure network, has bagged $4.5m in its Series A extension round, bringing its total funding in 12 months to $19.5m.

Six FinTech and cybersecurity companies you missed at the Cyber & FinTech Summit

The threat landscape around financial services is ever-evolving. Fortunately, many companies are looking to make it safe to do business.

Top EU regulator is thinking about making financial market rules simpler and want to...

The EU’s Market in Financial Instruments Regulation (MiFIR) is a complicated piece of legislation, but it might soon become easier to comply to.

Fraud prevention key driver for AI solution spend by network operators to reach $15bn...

The global operator spend on AI services is expected to grow by 430% over the next four years because of fraud mitigation and network optimisation efforts, according to a new study from Juniper Research.

Revolut is lining up to apply for a UK banking licence because of Brexit

From: FinTech Global Challenger bank Revolut is preparing to submit a banking licence application to the Bank of England. The neobank, which raised a $500m round a...

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