RegTech Encompass Corporation bags £25m
Encompass Corporation, a provider of automated KYC solutions, has raised £25m in a funding round.
Retailers could lose £3.64m each day through SCA failure
Retailers could lose £3.64m in sales each day as the Strong Customer Authentication (SCA) regulation deadline approaches, according to Barclaycard Payments.
EBA calls on FIs to ensure sanctions compliance against Russia
The European Banking Authority (EBA) has asked financial institutions to make sure they remain compliant with sanctions against Russia.
Chainalysis unveils two sanctions screening tools for crypto firms
Blockchain data platform Chainalysis has sped up the launch of two new sanctions screening tools to help the cryptocurrency industry.
Thailand eases crypto tax regulations to promote digital asset investments
Thailand’s finance ministry has loosened regulations around crypto tax in order to foster investment in the country’s digital asset market.
EU Parliament forms committee to probe use of Pegasus spyware
The European Parliament has created a ‘committee of inquiry’ in order to probe accusations of the use of Pegasus spyware by governments in the grouping.
Will SCA be a changemaker for the UK payments market?
Strong Customer Authentication (SCA) has come into force in the UK today, almost a year after its original deadline passed.
FCA calls time on crypto ATMs with new crackdown
The Financial Conduct Authority (FCA) has warned operators of crypto ATMs to shut down their machines or face enforcement action.
Is the metaverse the next frontier for banks?
Ever since Meta, formerly Facebook, gave that presentation on its move to the metaverse, the virtual world has become more of a reality.
CyberTech company SafeBase closes Series A
SafeBase, a cybersecurity platform that automates access to sensitive documents, has closed its Series A funding round on $18m.