Transaction Monitoring

Keeping up with all the comings and goings of the FinTech space is far from easy, but don't worry. We've got you covered with the deals that sent shock waves across the sector in the last week.

The EU’s securities markets regulator has postponed the applicability date of the updated European Markets Infrastructure Regulation (EMIR) validation rules to March 8, 2021.

The European Securities and Markets Authority (ESMA) has written to the European Commission with a proposal to improve the Transparency Directive (TD), following the Wirecard scandal.

Berlin-based challenger bank Vivid Money has raised $60m from a Series B funding round led by Greenoaks.

A new report by six US trade groups has underlined the obstacles and solutions for boosting financial inclusion and access across the US.

The People Bank of China (PBOC) has revealed it will begin quarterly assessments of the green finance performance of 24 major Chinese banks starting 1 July this year.

Last week proved to be profitable in terms of FinTech investment, with the rounds revealing the state of cryptocurrency and InsurTech sectors.

A recent blogpost by Sigma Ratings has detailed how the FinTech industry is facing heightened scrutiny from regulators as issues around compliance comes to the forefront.

The market opportunity for trade surveillance systems is steadily rising. A recent report from The Insight Partners asserted that the market will reach $2.7bn by 2028 – rising from $850m in 2019. Back in 2014, Travis Schwab sensed there would be growing demand for the sector and decided to capitalise on the gap in the market by founding Eventus Systems.

The Bank for International Settlements (BIS) has launched a green bond fund that is dedicated to aid the financing of green projects in Asia Pacific.