Tag: USA
Arise invests $7.5m in Omnisient to advance financial services in Africa
South African FinTech, Omnisient, has recently secured a substantial $7.5m investment from Arise.
Overcoming SMS compliance hurdles with 1Global and Theta Lake integration
In the current digital age, SMS has become a vital communication tool, especially within the financial services sector where the need for timely and secure messaging is paramount. Yet, the regulatory framework that governs SMS communications is both complex and stringent.
Decoding the UPI: Revolutionizing OTC derivatives reporting in global markets
The introduction of the Unique Product Identifier (UPI) under the European Union’s EMIR REFIT marks a significant shift in over-the-counter (OTC) derivatives reporting. This innovative identifier is set to be implemented globally, impacting financial markets across Australia, Singapore, Europe, the UK, and the USA.
Stripe launches Enhanced Issuer Network to combat fraud
FinTech giant Stripe has launched Enhanced Issuer Network, a set of partnerships with major US card issuers, with the aim of reducing fraud.
Republicans ask Congress to block ESG rule
A group of 27 Republican state Attorneys General have reportedly published a letter to Congressional leaders aimed at blocking the implementation of an ESG investing rule.
Maryland-based CyberTech Foretrace bags $500,000
Maryland-based CyberTech Foretrace has received $500,000 in seed funding from TEDCO, an investor focused on technology companies in Maryland.
Remittance company Servicio UniTeller hit with $700k fine
The Consumer Financial Protection Bureau (CFPB) has ordered international remittance company Servicio UniTeller to pay a $700,000 penalty.
Security operations platform Arctic Wolf secures $401m
Security operations platform Arctic Wolf has raised $401m through a convertible note offering.
Titanium Blockchain pleads guilty to crypto fraud scheme
The CEO of Titanium Blockchain Infrastructure Services (TBIS), Michael Alan Stollery, has pleaded guilty for his role in a cryptocurrency fraud scheme.
Three challenges facing European challenger banks when they go to the...
From regulatory loops to jump through to massive competition, European challenger banks have many obstacle to overcome if they want to expand across the pond.
