Bank of England outlines plans for Digital Pound Lab in new design phase
The Bank of England has announced the establishment of the Digital Pound Lab, a significant step in its ongoing initiative to potentially introduce a digital currency, dubbed 'Britcoin'.
Capital One faces lawsuit over deceptive savings account practices
The Consumer Financial Protection Bureau (CFPB) has initiated a lawsuit against Capital One and its parent company, Capital One Financial Corp.
UK companies dominated the European RegTech market with six of the top 10 deals...
Key European RegTech investment stats in 2024:
European RegTech deal activity halved in 2024 YoY
UK dominated the European RegTech space completing six of...
Wordwatch’s role in meeting Europe’s new DORA compliance standards
As Europe introduces the DORA, financial institutions face the daunting challenge of adhering to stringent new compliance standards.
Archive Intel raises $1.5m to expand AI-driven compliance solutions
Archive Intel, a leader in AI-powered compliance archiving solutions, has secured an additional $1.5m in funding to accelerate its growth.
GLEIF, Companies House enhance global business transparency with partnership
GLEIF and Companies House, two key entities in the business registry and identification sphere, have embarked on a collaboration.
SEC imposes $45m penalty on Robinhood for extensive securities violation
Robinhood has agreed to a substantial $45m settlement with the SEC over various breaches of securities law.
The settlement addresses a series of infractions...
Chainalysis expands anti-fraud capabilities with acquisition of Alterya
Chainalysis has officially acquired Alterya, an AI-powered fraud detection platform renowned for its preemptive scam identification capabilities.
Chainalysis is known for its robust blockchain data...
Will AI continue to be the dominant RegTech trend in 2025?
Entering 2025, the RegTech sector is looking ahead to new challenges and opportunities that will drive its continued growth in the new year.
How the FSA maintains stability in Japan’s financial markets
The Japan FSA, established in July 2000 and functioning under the Prime Minister's Office, is instrumental in regulating and overseeing the nation’s financial sector.
According...
