Reserve Bank of India fines HDFC INR 10m for KYC/AML fines
The Reserve Bank of India (RBI) has deployed an INR 10 million ($143,570) fine on HDFC Bank for failing to meet KYC and AML compliance and the reporting of frauds.
FCA reveals results of its investigation into defined benefit scheme transfers
The UK’s Financial Conduct Authority (FCA) has released the results of the data it received from firms carrying out Defined Benefit (DB) transfers and has revealed its next steps in its supervisory work.
FinTech backer Polaris Partners picks fund size consistency with Fund IX launch
Polaris Partners, a buyout firm which has backed promising fintech startups in recent years, has launched its ninth flagship vehicle.
Face, object recognition developer AnyVision gets $74m Series A financing
Computer vision developer AnyVision, whose recognition software is being used by businesses ranging from banks to sports stadiums, has secured a $74m Series A funding round.
Email defence solution Vade Secure nets €70m in venture round
Predictive email defence startup Vade Secure has netted €70m in a financing agreement with venture firm General Catalyst.
IronScales closes $15m Series B from return investor K1 Investment Management
IronScales, an advanced threat protection and anti-phishing solution, has pulled in $15m for its Series B round.
Aqubix: Using the risk-based approach to your advantage
Taking a risk-based approach during the due diligence process is often perceived as purely cost. It’s also something that will always be asked for by regulators, and costs are continuing to increase whenever there are new clients.
Token raises $16.5m strategic investment
Open banking platform supplier Token has received a $16.5m strategic investment from Opera Tech Ventures, the VC arm of BNP Paribas and others.
EQT Ventures hails open banking opportunity amid latest Token investment round
Open banking platform Token has scored a new round of funding from investors including EQT Ventures and banking giant BNP Paribas.
BITPoint LatAm boosts AML and KYC with IdentityMind partnership
BITPoint LatAm, a crypto to fiat exchange platform, has partnered with IdentityMind to support its AML and KYC processes in Latin America.
