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Parker Fitzgerald makes two hires to bolster Cyber Risk and RegTech

Parker Fitzgerald, a strategic advisor and consulting partner to financial institutions, has expanded its Cyber Risk and RegTech practices with two new hires.

Square withdraws application for banking license with the FDIC

San Francisco-based payments processor Square has reportedly withdrawn its regulatory application to open a deposit-taking bank.

Rosecliff Ventures raises over $74m for its second venture vehicle

Rosecliff Ventures has surged past its initial goal for its second fund to raise more than $74m in what appears to be its final close.

Lithuania launches RegTech tool for remote FinTech licensing

The Bank of Lithuania has launched a new RegTech tool to enable companies to apply for FinTech licences remotely.

Nationwide targets personal data and identity startups with £50m fund

Nationwide has launched a new £50m FinTech fund to support early-stage startups developing solutions that could benefit its customers.

PayPal bolsters fraud prevention & risk with Simility

Payments business PayPal is bolstering its fraud prevention & risk management capabilities by buying Simility.

PayPal acquires Hyperwallet in $400m cash deal

Digital payments giant PayPal has acquired Hyperwallet, a global payout solution, in a $400m cash deal.

LLR closes fund on $1.2bn, sets sights on security & software

LLR Partners is looking to more FinTech investments after closing its fifth private equity fund on $1.2bn.

Enterprise Ireland launches new fund & RegTech white paper

Enterprise Ireland has launched a €750,000 fund to invest in promising FinTech startups.

Luge looks to back FinTech & AI solutions with $75m fund

Luge Capital is looking for early-stage FinTech companies and artificial intelligence (AI) solutions applied to financial services following its $75m financing.
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