Financial services have less security flaws than others
The financial services industry has fewer security flaws than most other industries, according to a report from application security testing developer Veracode.
Standard Chartered backs ID verification firm Chekk
SC Ventures, Standard Chartered’s FinTech investment and ventures arm, has invested funds into Hong Kong-based firm Checkk.
Eventus names FinTech veteran McDonnell as sales director
RegTech firm Eventus has appointed Robbie McDonnell as sales director for the Australia and New Zealand regions.
Crypto-related crime plummets in H1 2022
Revenue from crypto related crime has fallen 65% in the first half of 2022 compared to the same period last year, a report by Chainalysis has found.
Olivetree taps NICE Actimize’s market surveillance tech
NICE Actimize’s market surveillance technology has been tapped by UK-based multi-asset broker Olivetree Financial, to support its financial crime strategy.
Sweden’s Sustainability platform Worldfavor bags Series A
Stockholm-based sustainability platform Worldfavor has raised €10.2m in its Series A round to aid its growth and expansion plans.
FCA fine Citigroup Global Markets for MAR failing
The UK’s Financial Conduct Authority (FCA) has issued a fine to Citigroup Global Markets £12m for failing to properly implement the Market Abuse Regulation (MAR) trade surveillance requirements relating to the detection of market abuse.
Equals boosts fraud prevention with Featurespace
Equals Group, a payments services provider, has partnered with Featurespace to embed fraud prevention technology across its platforms.
FCA warns BNPL firms about unauthorised promotions
The FCA has warned companies that offer buy now pay later (BNPL) products that their BNPL financial promotions must comply with financial promotion rules.
EU’s green investment label shows signs of inadequacy
A review by Morningstar has found that almost a quarter of funds that claim to ‘promote’ sustainability under European regulations ‘don’t deserve an ESG label’.