Venture Capital-backed FinTech Wave Financial is set to be sold to consumer tax services provider H&R Block for $405m in cash.
Data protection is great for society, but it can hinder a bank’s ability to detect and prevent money laundering, according to Markus Schulz, global head of Financial Crime Compliance Controls at Standard Charted Bank.
The UK’s Financial Conduct Authority (FCA) has released new rules for the buy now, pay later (BNPL) market, to better protect consumers.
Whitepages Pro, a digital identity verification data platform, is spinning off its B2B business to become Ekata.
The biggest barrier to UK financial institutions developing new digital products, services and operations is regulatory compliance risk, according to a study from FIS.
The Depository Trust & Clearing Corporation (DTCC), has partnered with three RegTech startups, to support their Securities Financial Transactions Regulation (STFR) compliance.
Deutsche Bank has reportedly found ‘serious failings’ within its payments screening and AML procedures.
Sopra Banking Software has formed a partnership with personal data security platform digi.me to improv secure personal data exchange.
equensWorldline, a European card and payment processor, has helped 25 European banks reach the first milestone of PSD2 compliance.
Docupace, a front and back-office automation solution, has partnered with WalkMe to offer broker-dealers and advisors better tools to implement Docupace services.