RegTech

MAS provides consultation response to credit bureau, reporting regulations

The Monetary Authority of Singapore (MAS) has issued a consultation response on draft regulations and notices relevant to licensed credit bureaus under the Credit Bureau Act 2016.

CSI eyes bolstered instant payments adoption through pilot program

Computer Services Inc (CSI) will participate in the FedNow pilot program with the aim of increasing the adoption of instant payments in the US.

Sweden temporarily closes infectious diseases database due to hack attempts

The Swedish Public Health Agency temporarily closed down the country’s infectious diseases database SmiNet following several hacking attempts.

US confirms JBS Foods ransomware cyberattack likely Russia-linked

The US has confirmed that the cyberattack on food processing company JBS Foods was a ransomware attack likely coordinated by a Russian group.

How cybersecurity startups and neobanks scooped the most funds among last week’s 42 investment...

While Covid-19 continues to haunt us, the FinTech industry continues to rake in millions of dollars. Neobanks and cybersecurity companies were the top-scoring sectors to raise investment among the 42 rounds that FinTech Global reported on last week.

HeyTrade to implement Veriff’s identity verification technology

Investing platform HeyTrade has implemented Veriff’s global identity verification services as part of a new deal to improve onboarding.

Interpol diverts $83m of online fraud from cybercriminals

Interpol claims it has intercepted $83m belonging to victims of online financial crime from being transferred into the accounts of their hackers.

JBS Foods halts production following multinational cyberattack

Food processing giant JBS Foods has closed down production at multiple sites globally following a cyberattack.

Fraudio looks to continue expansion following $3.3m seed round

Dutch payment fraud detection firm Fraudio has bagged $3.3m in a seed funding round.

RegTech Napier boosts expansion with second APAC office

Anti-financial crime compliance solutions provider Napier continued its aggressive global expansion by opening a second APAC office within 10 months.

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