Can FCA’s Binance ban be the beginning of a clampdown on crypto exchanges?
Binance, one of the world’s leading cryptocurrency exchanges, has been banned from operating in the UK. This might be a sign that regulatory bodies will now put cryptocurrency exchanges under their microscope, experts said.
How ramping up tech acquisitions can help financial institutions beat neobanks in the banking...
The financial services industry is undergoing a paradigm shift. For financial institutions to stay relevant and keep pace with FinTechs, they must do “whatever it takes” to beat the tech startups, including acquiring them, Aquaa Partners CEO says.
MAS partners with IMF, World Bank to launch global challenge for digital currency solutions
The Monetary Authority of Singapore (MAS) introduced a global challenge for retail Central Bank Digital Currency (CBDC) solutions which will be supported by Amazon Web Services, Mastercard and Hyperledger among others.
FCA slaps a £110,000 fine on claims management firm for cold calling
The Financial Conduct Authority (FCA) has slapped claims management company Crosfill & Archer Claims Limited (CACL) with a fine of £110,000 for making unsolicited telemarketing calls.
FINRA fines Robinhood $70m for misleading customers in largest-ever penalty
Robinhood to pay nearly $70m to resolve sweeping regulatory allegations that the brokerage misled customers, approved ineligible traders for risky strategies and didn’t supervise technology that failed and locked millions out of trading.
Enterprise API security startup Noname Security inks $60m on the back of its Series...
Six months after emerging from stealth mode with $25m in funding, US-Israeli= based API security company Noname Security raised a $60m a Series B led by Insight Partners.
Codat collects $40m in funding as it gears up US expansion efforts
Codat, which supports seamless sharing of business and financial data, has bagged $40m in funding, following it reaching a three-times annual growth rate and doubling its headcount.
Dedoco nets seed funding to support development of its digital signing platform
Singapore-based Dedoco, which has created a decentralised digital document and signing platform, has closed its seed round on SGD 3.3m ($2.4m).
MeasureOne secures additional $3.2m in funding
Consumer-permissioned data platform MeasureOne has secured an additional $3.2m in funding to support its product expansion.
Transactive bolsters internal AML with Sentinels Global partnership
Open banking software developer Transactive has bolstered its internal AML transaction monitoring platform through the integration of Sentinels Global.
