How will RegTech evolve in the future?

The financial market is global and constantly dealing with new technologies and weighed down with ever-expanding regulations. So where does that leave the future of RegTech?

A senior insurance executive in London has made the case that the UK should...

After New Year’s Eve, Britain can arguably create its own rules for the financial sector. One executive is now arguing this is an opportunity too good to miss.

India’s central bank sooths e-wallet customers’ cancellation fears with new low KYC accounts

Millions of digital wallet users can keep their accounts after the Reserve Bank of India's (RBI) new move.

Is Swedish RegTech finally coming into its own?

Sweden’s RegTech scene has been slow to emerge. While its starting to wake up, it still has many challenges to overcome.

Reserve Bank of India fines HDFC Bank $107,696 for failing to do proper customer...

The central bank of India has found a lender’s due diligence procedures lacking and has fined the bank Rs one crore ($107,696) as a result.

The FCA has not prosecuted a single firm under new money laundering rules introduced...

A freedom of information request has unveiled that the Financial Conduct Authority (FCA) has so far not brought in a single prosecution under the new anti-money laundering (AML) rules it introduced two years ago.

$36bn in non-compliance with anti-money laundering, due diligence and sanctions regulations were issued in...

Financial firms around the world were ordered to pay $36bn in total due to failing to comply with legislation set up to prevent money laundering and fraud.

Identity verification startup Persona nets $17.5m in Series A funding round

Having secured $17.5m in additional funds from investors like Coatue Management and First Round Capital, Persona is now looking to develop its solutions and grow its team.

Indian central bank gives thumbs up for video-based customer identity verification

Financial firms in India can now use video-based methods to verify the identities of their customers.

ID verification startup VerifyMe Nigeria closes Series A funding round

Hot on the heels of launching its identity verification product in August 2019, VerifyMe Nigeria has closed a new investment round.

News Stories

LANDRY et associés acquires e-commerce security platform NexuWeb

LANDRY et associés, a risk and performance consultant, has acquired e-commerce security and development solution NexuWeb.

Plum reveals five million customer target in new interview

Finance app Plum is bullish about its ability to attract five million people to its services.

Before you worry about new PRIIP rule changes you should ensure your house is...

The EU might be gearing up to change some of the rules regulating retail and insurance-based investment products (PRIIP), but MirrorWeb warns that financial firms should worry more about the rules already in place.

Europol, European Central Bank and group of financial infrastructures team up to boost cybersecurity...

Europol, the European Central Bank and a group of Europe’s leading financial infrastructures to share cybersecurity threat information to safeguard consumers.

Revolut signs deal with LegalTech startup Sparqa Legal

Hot on the heels of announcing its new $5.5bn valuation, Revolut is now aiming to take a bite out of the legal services market with a new deal.