OTP Bank launches its third later-stage startup partner programme for FinTechs and RegTechs
Financial service provider OTP Bank has opened its application process for the latest batch of its later-stage startup programme.
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.
Five reasons why MiFID II’s Article 16 is such a headache to deal with
The EU’s Markets in Financial Instruments Directive (MiFID II) was created to make the regulatory framework protecting investors clearer. However, it is still tricky to comply with.
Sberbank is investing what could be the biggest Russian banking leak ever
Russian lender Sberbank is facing the risk of having data about 60 million credit cards being leaked.
X1 closes $5.1m Series B funding round to boost its risk management and compliance...
RegTech solutions provider X1 has closed a $5.1m funding round led by Palisades Growth Capital, the private equity firm.
TSB enlists the help of Vocalink to help customers ensure they send money to...
UK bank TSB has partnered with Vocalink, a Mastercard company, to deliver confirmation of payee for its customers.
UK banks stopped £820m worth of fraud in the first six months of 2019
The banking industry experienced a 14% jump in attempted fraud in the first half of the year, compared to 2018.
Altoona First Savings Bank picks CSI for its cybersecurity and IT risk compliance initiatives
Pennsylvania-headquartered Altoona First Savings Bank has chosen FinTech and RegTech developer Computer Services, Inc. (CSI), to increase its operational efficiencies and strengthen its regulatory...
HSBC introduces Quantexa’s contextual data approach to weed out fraud and detect financial crime
HSBC has beefed up its financial crime detection system by deploying Quantexa’s contextual big data solutions.
ECB top: “Libra has undoubtedly been a wakeup call for central banks and policymakers”
Benoît Cœuré, executive board member of the European Central Bank, has told the German Bundestag that stablecoins like Facebook’s Libra initiative come with both risks and opportunities.
