Which RegTech leaders could stand out in 2023?
A fast-growing technology recently has been the area of RegTech. Going into 2023, who are the leaders who stand out?
Germany’s FCO begins anti-trust investigation into PayPal
German antitrust watchdog the Federal Cartel Office (FCO) has begun an investigation into PayPal to examine whether it is using its power to restrict market competition.
Crypto firm Deribit taps Eventus for Validus platform
Cryptocurrency derivatives exchange Deribit has selected Eventus’ Validus platform to provide market abuse monitoring on the exchange.
US Federal Reserve unveils climate risk exercise for big banks
The US Federal Reserve has released details for its first climate scenario analysis exercise for the six largest US banks.
Financial crime platform Themis locks in £3.1m
Themis, a digital financial crime platform, has scored £3.1m in its latest pre-Series A funding round.
Staying compliant in the mortgage space in 2023
The mortgage space is in a rough patch. Interest rates are rising, and firms are writing fewer loans. This is likely to be the picture for the next year or two. The industry is changing and reacting to the uncertainty of the market.
EU digital policy head warns TikTok to comply with new rules
The EU’s digital policy chief Thierry Breton has warned TikTok that the app will have to abide by new rules set to take effect later this year.
Debunking the myths of AI in RegTech
AI technology has taken the world by storm. While the technology can do wonders to improve compliance processes, myths surrounding AI’s use have gained weight and forced many to reconsider using it.
Sanctions screener GSS lands £37m
Global Screening Services (GSS), a sanctions screening platform, has scored £37m in its first funding round.
SEC slaps Nexo with $45m fine
The Securities and Exchange Commission has charged Nexo with failing to register the offer and sale of its retail crypro asset product the Earn Interest Product.