RegTech

Demand for outsourced manages services jump by 25%

There has been a 25% rise in demand for outsourced managed services compared to pre-pandemic levels, according to a study from ACA Compliance Group.

FCA bans two Vanguard Wealth Management directors

The Financial Conduct Authority has banned two Vanguard Wealth Management directors from performing regulated activity because of their roles in the submission of false and misleading information about customers’ high net worth status.

LuxTrust taps Cryptomathic for its e-signature services

E-signature RegTech Cryptomathic has inked a deal to supply its services to LuxTrust, the electronic identity company representing over 95% of Luxembourg’s active population.

Paynetics buys Wirecard’s corporate card portfolio

FinTech Paynetics has acquired the corporate payout card portfolio of Wirecard UK and Ireland.

How the 34 FinTech rounds raised last week show where the InsurTech and cybersecurity...

Last week proved to be good week in terms of FinTech investment, with the rounds revealing the state of CyberTech and InsurTech.

China is trialling its digital yuan

China has taken a place at the front of the nations looking to digitalise their economies by trialling its digital yuan.

The FCA warns customers who’ve invested in German Property Group to take action following...

The German Property Group has entered preliminary bankruptcy proceedings, which has caused the top UK financial watchdog to warn customers that they better snap into action.

Market positive for the ECB to be a trusted authority to publish compounded term...

The European Central Bank has closed a consultation that found that most market stakeholders were positive about it the bank acting as a trusted authority publishing compounded term rates using the euro short-term rate (€STR).

The FCA bans the sale of certain cryptocurrencies like bitcoin

The Financial Conduct Authority (FCA) has banned the sale of derivatives and exchange traded notes that reference certain types of cryptocurrencies like bicoin, ripple and ether to retail consumers.

Rich people neobank Monument receives restricted banking licence in the UK

The challenger bank for the wealthy Monument has received an authorisation with restriction banking licence from the Prudential Regulation Authority and the Financial Conduct Authority 18 months after its launch.

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