What will the big RegTech trends of 2021 be?
As we say goodbye to 2020, it is time to look ahead to what 2021 will bring for the world of compliance and RegTech.
FinCEN slams Capital One with $390m fine for “egregious” AML breaches
FinCEN has fined Capital One with a $390m civil money penalty for engaging in both wilful and negligent violations of the Bank Secrecy Act.
Top ten trends in wealth management in 2021 to look out for
As 2021 is kicking off, there are several trends in wealth management to look out for.
A Texan man charged with over $5m of Covid-19 relief fund fraud
A man from Texas has been charged under allegations of filing bank loan applications fraudulently seeking over $5m.
InsurTech welcomes Supreme Court ruling on Covid-19 cases
The UK Supreme Court has ruled that policyholders should have their coronavirus losses covered by insurers and the InsurTech industry is welcoming the decision.
Qohash secures $6.2m to support rising demand for remote cybersecurity
Data security startup Qohash has secured CAD 8m ($6.2m) in its Series A funding round to help it expand across North America.
Tier1 Financial Solutions acquires financial crime prevention company Alessa
Client relationship management solution developer Tier1 Financial Solutions has acquired compliance and financial crime prevention company Alessa.
Cybersecurity platform L7 Defense closes $4m seed round
Cybersecurity platform L7 Defense has closed a $4m financing round, which will help it to bolster its marketing and business development efforts.
Monzo and Starling Bank lead service quality league
Challenger banks Monzo and Starling Bank led the list that provided the best service among the UK's 19 largest personal account providers, according to new research from British regulators.
Konsentus acquires Open Banking Europe S.A.S. to improve PSD2 service offering
Konsentus, an Identity and regulatory checking service provider, has completed the acquisition of Open Banking Europe S.A.S. from PRETA.
