US SEC halts $1.7bn token offering
The US Securities and Exchange Commission (SEC) has halted the $1.7bn digital token offering in the US and overseas of Telegram Group.
Azur partners with Logical Glue to improve risk analysis for underwriters
Azur, a managing digital agent (MDA) has formed a partnership with Logical Glue to improve risk analysis for underwriters.
OCC’s innovation pilot gets little love from banks
The US' Office of the Comptroller of the Currency has received 19 comment letters expressing distaste for its innovation hub.
Ontario Systems acquires Justice Systems for an undisclosed amount
Revenue cycle management software company Ontario Systems has acquired Justice Systems, a court case management and electronic payments solution developer.
idCredit and GetID launch new KYC tools
The new blockchain solution for identity verification and KYC/AML support from idCredit and GetID has been released.
NatWest and RBS suffer system outage during Black Friday
NatWest and RBS banking apps are currently down, as customers look to make the most of Black Friday sales.
SWIFT launches pilot with 22 corporate and bank testers for its new service
The global payment innovation (gpi) initiative of SWIFT has launched the pilot testing of a new solution to bring real-time payment tracking to treasury applications.
HPS has been given an information security management certification
FinTech company HPS has bagged an ISO / IEC 27001 certification, showcasing it lives up to an international standard for information security management systems.
Baseline Ventures launches new fund, 10 years after predecessor
San Francisco-based Baseline Ventures has launched a new fund ten years after its predecessor.
solarisBank, CrossLend partner to automate loan securitisation
CrossLend and solarisBank have formed a strategic partnership to offer digital and fully automated loan securitisation.
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Mastercard invests in Doconomy to help consumers see CO2 impact their payments have
Mastercard has made an undisclosed equity investment into Doconomy, a startup helping consumers become more aware of their CO2 impact when making payments.
CyberGRX collects $40m in Series D as it looks to meet rising demands
Third-party cyber risk platform CyberGRX has collected $40m in its Series D round which was led by ICONIQ Capital.
OCC names cybersecurity as key risk for federal banking system
The US’ Office of the Comptroller of the Currency (OCC) has named cybersecurity and technology management as a key emerging risk.
Starling Bank in hot waters after having only lent 1% of the total amount...
When Starling Bank was granted funding from Royal Bank of Scotland, the challenger bank promised to lend £913m to SMEs by 2023.
Encompass and Pegasystems to boost mutual customers support
KYC solution Encompass has partnered with digital transformation company Pegasystems to help mutual customers streamline customer onboarding.