More vigorous action needed on money laundering, BaFin tells Deutsche Bank
German financial regulator BaFin has told banking giant Deutsche Bank it needs to introduce stronger action on money laundering.
UK passes bill aimed at protecting against harmful foreign investments
The UK government has passed a bill that would give it the ability to intervene in foreign direct investments that could negatively impact the country.
Stripe eyes bolstered internet firm tax compliance through TaxJar purchase
Payments giant Stripe has entered into an agreement to purchase sales tax software enterprise TaxJar to improve tax compliance rates for internet firms.
NatWest to block cryptocurrency payments following earlier FCA warning
UK retail bank NatWest will not accept payments in cryptocurrencies, according to the company’s head of risk Morten Friis.
BigID rakes in $30m investment to bolster unicorn status
US data intelligence firm BigID has secured $30m in financing from global private equity investor Advent International.
Saudi Payments teams with IBM, Mastercard to launch instant payment system
Saudi Arabia’s only financial payments company Saudi Payments (SP) has introduced ‘sarie’ – an instant payments system – in collaboration with IBM and Mastercard.
IntellectEU launches AI platform to bolster wealth management personalisation
Belgian IT company IntellectEU has introduced VELMA – an AI platform that allows financial advisors to offer ‘hyper-personalisation’ in the wealth management sector.
Dispersion Holdings eye AQSE market floatation
DeFi enterprise Dispersion Holdings is planning to apple for admission of its shares to trading on the Access segment of Aquis Stock Exchange Growth Market (AQSE) in London.
FICO survey highlights evolving identity theft challenges in the online age
A survey by data analytics company FICO has found up to 4% of UK consumers believe their identity has been stolen online.
Santander IT infrastructure cloud migration grows as digital move accelerates
Banco Santander claims its digital transformation is ‘ahead of plan’ after it revealed more than 60% of its global IT infrastructure has already migrated to the cloud.