Azimo integrates with Facebook Messenger
International money transfer startup Azimo in integrating its service into Facebook Messenger to allow senders and receivers to connect through the social network of 1.65bn users.
Citizen Bank partners with Fundation to offer SME loans
Citizens Bank will introduce digital lending to small business customers through a partnership with alternative lending startup Fundation.
OneSavings Bank to use Lombard Risk’s RegTech platform
Lombard Risk Management has agreed to supply its flagship regulatory reporting platform to OneSavings Bank.
Hungarian InsurTech platform Netrisk.hu bought out by MCI Capital in €56.5m deal
Hungarian InsurTech platform Netrisk.hu has been bought up by private equity firm MCI Capital.
Kobil unveils new security solution for PSD2
Kobil Systems, a Germany-headquartered IT security company, has unveiled a new security solution that complies with the new Payment Services Directive 2 (PSD2).
B Capital collects $360m for venture fund, surpassing its target
Boston Consulting Group’s venture firm B Capital has collected $360m for its latest vehicle.
Connecticut Innovations launches next VentureClash challenge
Connecticut Innovations has launched the application period of its $5m VentureClash challenge.
SGVC raises up to $21m for its third investment fund
Californian venture firm SGVC has raised up to $21m for its third investment vehicle.
OTP Bank extends partnership with ACI for open banking strategy
Hungary’s OTP Bank Group has extended its partnership with ACI Worldwide, a global provider of real-time electronic payment and banking solutions.
VRBex partners with Entoro to support its $100m security token offering
VRBex, a financial services firm for the cryptocurrency market, has signed an agreement with Entoro Capital to gain support with its $100m security token offering (STO).
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How the coronavirus has affected the RegTech industry
The coronavirus has forced the global economy to grind into a halt. While the RegTech industry is not left unscathed, there are opportunities for those that look.
Neobank HM Bradley has officially launched
The US-based digital bank HMBradley has officially launched its services for the thousands of would-be users on its waitlist.
The FCA reminds banks that not all their employees need to be at the...
The Financial Conduct Authority (FCA) has told banks, building societies and credit unions that they need to carefully consider which of their workers should be able to work remotely in order to deal with COVID-19 appropriately.
Monzo’s founder won’t take out any salary for 12 months to help the company...
UK challenger bank Monzo has taken additional steps to protect the business against the pandemic-induced financial downturn. And it's not alone.
FinTechs could see rise in customers following the coronavirus pandemic
While FinTechs might be fearing the impact of the coronavirus on their business, it might actually be a beneficial thing for them, a study from financial advisory firm deVere Group claims.