21 companies apply for digital bank license in Singapore
The Monetary Authority of Singapore (MAS) has received 21 applications for digital bank licenses, as the regulator now beings its task of whittling it down to five.
Meet the 16 startups selected for Accenture’s new FinTech Innovation Lab London cohort
Accenture has picked 16 new promising startups from such varied disciplines as InsurTech, RegTech, open data and capital markets to take part of its UK-based accelerator programme.
Securrency scores $17.65n in its Series A
Securrency, a blockchain technology developer for the financial and regulatory sectors, has scored $17.65m in its Series A.
Travelex names REvil as the ransomware that crippled its services and left clients stranded...
On New Year's Eve, Travelex, the foreign exchange company, shut down some of its services due to a ransomware attack, stranding travellers without access to money.
Circuit breakers reduce the risk of market volatility, ESMA finds
The European Securities and Markets Regulator (ESMA) has determined that circuit breakers can have significant impact on market volatility.
FCA and Bank of England propose changes to improve data and analytics
The Financial Conduct Authority (FCA) and the Bank of England has revealed plans to enhance its data and analytics capabilities to enhance monitoring of the UK’s financial sector.
Cybersecurity company Armis to be acquired by private equity firm
Cybersecurity firm Armis is being acquired by US private equity firm Insight Partners in a deal valuing the company at $1.1bn, a report from Reuters claims.
Kamakura’s new suite helps Bank Islam Malaysia Berhad’s digitalisation process remain compliant
Bank Islam Malaysia Berhad taps RegTech Kamakura Corporation to ensure its digitalisation process remains compliant.
California’s DOB halts lending capabilities of Sezzle after deeming illegal activity
The California Department of Business Oversight (DBO) has denied point-of-sale (POS) lender Sezzle to offer loans after finding it engaged with illegal unlicensed lending.
Security education platform Curricula receives new investment
Cybersecurity education platform Curricula has raised $3m in a growth investment from RCP Equity which will help increase its sales and marketing efforts.
