eTranzact lost 100% of its profits in Q2 after it recovered from a fraud
The problems don't seem to be over for Nigerian electronic payments provider eTranzact after it reported it incurred a loss of $306,623 in the second quarter, wiping away the recovery it had enjoyed after a 2018 fraud scandal.
MCPc launches Cybersecurity as a Service offering
Data protection and security risk management firm MCPc has launched Cybersecurity as a Service, a tailored service to help companies better understand and identify security vulnerabilities and protect their business from cyber threats.
FCA introduces more protection for customers who face financial difficulties
Earlier this year the Financial Conduct Authority (FCA) introduced new guidance to protect people struggling financially during the Covid-19 crisis. Now, the financial markets regulator has added to the guidance.
19 FinTech funding rounds from the last week that you better not have missed
From cybersecurity unicorn Snyk's $200m funding round to payment service provider startup Mollie's €90m new cash injection, the last week was full of FinTechs completing funding rounds.
This is what the FCA wants firms to consider when closing ATMs
The Financial Conduct Authority (FCA) has finalised its expectation for firms when they consider closing branches or ATMs, or converting a free-to-use ATM to pay-to-use.
Hungarian startup PeasyPay vying Spanish and British expansion
PeasyPay, a bieometric-based payment company, is looking to expand its reach from its native Hungry to Spain, Slovenia and the UK.
ICO reopens its regulatory sandbox
The UK Information Commissioner's Office (ICO) has reopened its regulatory sandbox to help companies develop new products by using personal data in a safe way.
FCA says it will learn from Covid-19 as it publishes annual results
The Financial Conduct Authority (FCA) has published its annual report, adding that it will learn from the lessons of dealing with the coronavirus pandemic.
CSS acquires AMFINE to launch end-to-end-enabled compliance reporting platform
RegTech100 company Compliance Solutions Strategies (CSS) has acquired AMFINE, a provider of SaaS-based regulatory reporting services to European asset managers, asset servicers and insurers.
Pcysys has secured $25m Series B funding to keep developing its cybersecurity offering
Cybersecurity startup Pcysys has closed a $25m Series B funding round led by Insight Partners to expand internationally and to keep developing its software.
