FCA begins regulating duties for the claims management industry

The UK’s Financial Conduct Authority (FCA) has begun regulating the claims management industry across England, Wales and Scotland.

Pivotal Payments rebrands as Nuvei

End-to-end payments company Pivotal Payments has rebranded as Nuvei to reinforce its dedication to its partners.

Fama and Sterling sign partnership to empower businesses to make better background checks

Sterling, a background and identity services provider that caters to the financial services industry, has signed a partnership with Fama, an AI-based social media and web screening solution, to help businesses make better hiring decision.

Why Luge Capital’s founder decided to bet on Canadian FinTech startups

On the back of having raised a $85m fund, the founders of venture capital firm Luge Capital are ready to help Canadian FinTech startups thrive.

Loyalty fraud incidents are on the rise

Loyalty fraud has seen a sharp rise in 2019, with the number of incidents increasing by 89% compared with last year.

Ripple launches $50m blockchain research fund for universities

Ripple has announced a new $50m fund to finance university research into blockchain and cryptocurrency technologies.

SmartSearch receives growth equity investment from Marlin Equity Partners

Anti-money laundering (AML) software provider SmartSearch has raised a growth equity investment from Marlin Equity Partners, the private equity firm.

American Express said to acquire payments company Cake

American Express has reportedly acquired UK-based restaurant payments company Cake Technologies in a deal worth around $13.3m. The deal was completed last October and due...

BIO-key International secures $30m contract

BIO-key International, a biometric software and hardware solution developer, has secured a $30m contract to supply its authentication services to Technology Transfer Institute of Africa (TTI).

ASIC takes Commonwealth Bank of Australia to court over failing to help gambler

The Australian Securities & Investments Commission (ASIC) is accusing Commonwealth Bank of Australia (CBA) of not taking account of a notification of customer that told them he was a problem gambler.

News Stories

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.