Tag: New York
Cyber lapses result in $4.25m penalty for OneMain Financial Group
OneMain, a firm specializing in loans for people with "nonprime" credit histories, has been fined by the New York DFS due to cyber lapses.
Coinbase reaches $100m settlement with New York financial regulator
Crypto exchange Coinbase has reached a $100m settlement with the New York Department of Financial Services over compliance program issues.
New York Fed, MAS link to explore wCBDCs for cross-border payments
The Federal Reserve Bank of New York and the Monetary Authority of Singapore (MAS) have linked to explore the use of wholesale CBDCs for cross-border payments.
New York DFS issues regulatory guidance on stablecoins
New York State Department of Financial Services has issued new regulatory guidance on setting foundational criteria for USD-backed stablecoins.
New York launches FinTech development centre
The Federal Reserve Bank of New York has launched an innovation centre aimed at boosting FinTech developments for the central bank community.
Passwordless solution provider Beyond Identity closes its Series B just months...
Beyond Identity has secured $75m in Series B, just a matter months after it closed its Series A on $30m.
Ascent deploys its solution with New York-based broker-dealer
AI-powered compliance company Ascent has deployed its technology to an unnamed New York-based broker-dealer firm to improve their compliance processes.
London regained its top spot for RegTech investment in Q1 2020
London continues to attract RegTech investments despite Brexit.
Fenergo reveals new cloud-based onboarding and anti-money laundering solution
FinTech Fenergo has unveiled a new cloud-based remote account opening solution ahead of schedule in order to assist US small businesses in accessing PPP emergency loans.
SCVX reveals $200m IPO as it looks to acquire cybersecurity companies
SCVX, a blank check company, has revealed its initial public offering (IPO) which is being raised so it can acquisition and combination of cybersecurity companies.
