RegTech

Reserve Bank of India releases final framework for regulatory sandbox

The Reserve Bank of India has released the final version of the framework for the regulatory sandbox.

Accused Capital One hacker could’ve stolen data from 30 other organizations

The woman accused of having compromised over 100 million Capital One accounts is now also suspected of having breached 30 other organizations too.

UK government takes steps to boost diversity in the country’s cybersecurity sector

The British Department for Digital, Culture, Media & Sport has launched an initiative to improve the diversity among the nation’s cybersecurity professionals.

Facebook just admitted to listening to users’ conversations after Google got into GDPR trouble...

Facebook has admitted to hiring human contractors to listen to Messenger conversations just weeks after Google was discovered to potentially be breaching the EU’s General Data Privacy Regulation (GDPR).

CloudCheckr closes $15m deal to drive innovation

The cloud management company CloudCheckr that enables customers to ensure their infrastructure is compliant with regulations have raised $15m.

Desjardins Group puts CAD $70m aside for data breach expenses

Desjardins Group, a Canadian financial services provider, has set aside CAD $70M ($52m) for expenses resulted from its data privacy breach.

FinCEN director says casinos play a key role in fighting financial crimes

The Financial Crimes Enforcement Network’s (FinCEN) director Kenneth A. Blanco believes casinos have a key role to play when it comes to preventing financial crimes.

Drawbridge Partners has released new automated cybersecurity management tool

Drawbridge Partners, a cybersecurity firm for hedge fund and private equity managers, has released a new automated management platform.

UK advertising watchdog upholds complaints against BitMEX for Bitcoin ad

BitMEX, the crypto derivatives exchange platform, has faced complaints regarding an ad. The British Advertising Standards Authority (ASA) has now upheld the complaints, barring the business from using the ad again.
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A standardized API would help ease PSD2 compliance burdens

As the deadline for PSD2 looms and financial services frantically try to get systems ready, application programming interface (API) standardisation would ease challenges, according to a panel at the Global RegTech Summit 2019.

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