MAP FinTech launch new solution to help businesses comply with MiFID
Cyprus-based MAP FinTech, a regulatory technology provider in Cyprus, has announced its MAP-Best Execution Monitoring, a solution aimed at ensuring companies comply with the EU’s Markets in Financial Instruments Directive (MiFID II).
Volkswagen Bank GmbH partners with BearingPoint to fulfil its ECB reporting obligations
BearingPoint, an independent management and technology consultancy, has found another client in Volkswagen Bank Gmbh, the automobile bank subsidiary of Volkswagen.
FCA proposes contingent charging ban for pensions after accusations of failing to prevent vulture...
The Financial Conduct Authority (FCA) has proposed a ban on contingent charging for pension transfer advice to protect consumers from so-called vulture advisers who only got paid if the transfer went through.
ACI Worldwide announces new RegTech tools to comply with upcoming strong customer authentication rules
Florida-based ACI Worldwide is releasing a new suite of tools to ensure businesses are prepared for the final parts of the EU’s Revised Payment Service Directive (PSD2) snapping into action in September.
250 gigabytes of Brazilian banking user data exposed in new leak
A financial service provider’s unprotected server reportedly lead to 250 gigabytes of banking customers’ personal information has been leaked in a new breach.
Nucleus Software launches latest version of transaction platform FinnAxia
India-based Nucleus Software, the provider of lending and transaction banking solutions to the financial sector, has unveiled the new version of its transaction banking solution FinnAxia 6.5
Robinhood kept non-encrypted passwords in the company’s systems
Unicorn Robinhood, an investment and stock trading app, has revealed it was storing some of its user data in plaintext on internal systems.
Why is RegTech investment around the world growing?
Investment in RegTech companies has reached record levels in the first six months of 2019. The question is why that is and if the growth will continue.
Standard Life Assurance Limited slammed with £30.79m fine for compliance failure
The Financial Conduct Authority (FCA), the UK financial regulator, has fined Standard Life Assurance Limited (SLAL) with a £30.79m fine for failing to comply with the rules regarding non-advised annuity sales.
European Commission’s GDPR verdict is that “work needs to continue”
The EU’s executive arm is happy with the implementation of the General Data Protection Regulation (GDPR) so far, but hints that more needs to be done.
