Will more regulatory data collection standardisation slash the value of RegTech?

Regulators around the world are working on implementing new standards for data collection and reporting. However, could this be a threat to the RegTech industry?

Zumo surpasses crowdfunding target as it looks to capitalise on Scotland’s growing FinTech sector

Scottish FinTech platform Zumo has stormed past the target of its crowdfunding campaign to reach £1.5m.

The CSBS to launch unified compliance exam for payments firm to cover 48 US...

The Conference of State Bank Supervisors (CSBS) has released a new programme whereby payment firms can complete one compliance examination and be regulated across more than 40 states.

Brazil-based Zoop secures $10.9m in its funding round

Zoop, a Brazilian B2B FinTech services provider, has secured BRL $60m ($10.9m) in a funding round to support the rollout of new services.

Yandex agreed to buy challenger bank Tinkoff in $5.48bn deal

Having responded to media speculation about an upcoming deal, Tinkoff has revealed that it has inked an agreement with Russian tech giant Yandex to allow the later to buy the neobank in a $5.48bn deal.

News Stories

illimity Bank buys 50% of Fabrick’s stake in HYPE Money

illimity Bank and Fabrick have entered an agreement to the shared ownership open banking platform HYPE Money.

China-based Trusfort closes Series C round

China-based cybersecurity platform Trusfort has reportedly raised its Series C round on “hundreds of millions of Yuan.”

Retail investment platform Syfe scores $18.6m Series A

Singapore-based wealth manager Syfe has closed a SGD $25.2m ($18.6m) in its Series A round, which was led by FinTech-focused investor Valar Ventures.

Will more regulatory data collection standardisation slash the value of RegTech?

Regulators around the world are working on implementing new standards for data collection and reporting. However, could this be a threat to the RegTech industry?

Zumo surpasses crowdfunding target as it looks to capitalise on Scotland’s growing FinTech sector

Scottish FinTech platform Zumo has stormed past the target of its crowdfunding campaign to reach £1.5m.

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