FCA fines Sapien Capital for cum-ex trading financial crime control failings
The Financial Conduct Authority (FCA) has imposed a fine of £178,000 to an international sham trading scheme known as cum-ex.
RegTech firm ComplySci reels in $120m to boost compliance for financial services customers
ComplySci, regulatory technology and compliance solutions provider for the financial services sector, landed a growth capital investment of $120m from private equity firm K1 Investment Management.
Over 100 London-based finance companies have received licenses to operate across the EU after...
ESMA has revealed that a massive number of London-based financial services organizations have obtained licences to operate in other European hubs in preparation of Brexit.
Why Lucinity is on a mission to Make Money Good
As more and more people move online, financial crime is increasing – subsequently increasing the opportunities for cases of money laundering. As industry players continue to search for the silver bullet to tackle financial crime, RegTech firm Lucinity is focused on helping to clean up the financial world.
VP Bank taps AxiomSL for its compliance efforts
Risk and regulatory reporting company AxiomSL has been tapped by Liechtenstein-based VP Bank to use its data integrity and control platform to boost the bank's compliance efforts.
Ascensus acquires Qualified Plans to support its retirement plan offerings
Ascensus, a technology solution developer for banks and asset managers, has acquired Qualified Plans LLC.
Konsentus expands team with UK Faster Payments chairman
Konsentus, a newly founded RegTech company, has expanded its team with the hire of Nick Caplan, chairman of UK Faster Payments.
The role of man and machine in transaction reporting
When it comes to create and submitting complete and accurate reports under a slew of regulations, companies cannot simply rely on man or machine separately – they are both needed.
Hydr unveils invoice finance platform to aid SMEs with cash flow
UK FinTech startup Hydr has launched an invoice finance platform focused on tackling ‘poor payment culture’ among SMEs.
IDnow secures $40m in a growth equity round as it pursues growth ambitions
IDnow, an identity verification-as-a-service solution, has collected $40m in a growth equity investment from private equity firm Corsair Capital.