RegTech

Iranian government issues new rules for its domestic cryptocurrency market

A new law could make cryptocurrency trading illegal within Iran as more people are becoming interested in using digital currencies within the country.

LuxTrust announce private beta of its identity protection platform together with Cambridge Blockchain

Luxembourg-based LuxTrust’s has developed IDKEEP, the privacy protecting platform. Now the platform is getting a private beta test together with Cambridge Blockchain, the compliance company.

Monzo apologizes for a bug that stored customers’ PIN codes incorrectly

UK challenger bank Monzo has said it is sorry for storing PIN codes in log files that engineers had accesses to.

Payment scaleup Razorpay acquires anti-fraud startup Thirdwatch

Bangalore-based Razorpay, the payment company, has announced the acquisition of Thirdwatch, an enterprise using big data to prevent ex-commerce businesses becoming fraud victims.

Emailage teams up with Featurespace to boost e-commerce and financial services’ cybersecurity

Financial services organizations just got another way to beef up their protection against online application fraud as Emailage, the online fraud prevention and email risk assessment company, has signed a partnership with Featurespace, the risk detection and fraud prevention company.

E3 organizer leaked personal info about over 2,000 journalists and could face legal action

The Entertainment Software Association Association (ESA) has found itself in hot waters after making a list of private data on thousands of media professionals available on its website.

UK Payment Systems Regulator gives big banks until March to implement new anti-scam procedures

The six biggest British banks have until the end of March 2020 to fully implement confirmation of payee scheme, the country’s Payment Systems Regulator (PSR) has announced.

RegTech consultancy QRC to advice Polymath’s customers to provide better security tokens

Polymath, the company endeavouring to make the processes of creating and managing security tokens smoother, has enlisted QRC, the RegTech consultancy, to help its clients with their security offerings.

Steele Compliance acquires Osprey Compliance Software

Steele Compliance Solutions, a provider of integrated risk management solutions, has acquired Osprey Compliance Software.

Why did Indonesia’s finance regulator shut down 826 FinTech startups?

Indonesia’s Financial Services Authority, known as the OJK, has forced 826 FinTech startups to close up shop

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