Video: fintech news pick of the week – Diem, SAP & FTX
Our top pick of news from the world of finance and tech in bitesize video format, every week.
Regulation
White paper: Anti-money laundering regulations in 2022
A closer look at some of the changes in the AML regulatory landscape in seven countries around the globe.
Meta drops crypto project Diem due to regulatory roadblocks
The Diem Association has sold its intellectual property and tech assets to Silvergate Capital in a $182m deal.
CoinTracker lands unicorn status with $100m Series A round
Users collectively track over $50 billion in crypto assets on CoinTracker.
Monzo warned by CMA over retail banking order breach
The agency says Monzo has taken adequate steps to end the breach and prevent a recurrence.
Financial crime fighter ACAMS acquired by PE firm Wendel for $500m
ACAMS has a global membership base of 90,000+ members in 175 countries.
Santander enters BNPL market with launch of new platform Zinia
Already live in Germany, Santander now plans to roll out the service in the Netherlands and Spain.
Greece’s Epirus Bank taps Profile Software to boost risk management
Cooperative bank picks RiskAvert to automate capital calculation and report production processes.
Technology and collaboration – the formula for reconceiving trade finance
Digitisation and collaboration across global trade are vital to upgrading this centuries-old industry.
Video: fintech news pick of the week – Amazon, Visa, Bolt & Lunar
Our top pick of news from the world of finance and tech in bitesize video format, every week.
UK’s Payment Systems Regulator fines Mastercard £31.5m for competition law violations
Five prepaid card companies admitted to cartel behaviour while supplying local authorities.
Regtech ComplyAdvantage reports record year, makes senior hires
Nabeel Vilcassim joins as chief financial officer (CFO) and Oliver Furniss as chief product officer (CPO).
House of Lords committee says UK digital pound is “solution in search of a problem”
The Economic Affairs Committee cited financial, privacy and data concerns over UK CBDC.
UK’s Financial Conduct Authority hands out £568m worth of fines in 2021
The scrutiny of large financial services giants formed part of the FCA’s broader strategy.
Trulioo hires product veteran Michael Ramsbacker as its first chief product officer
Ramsbacker will be developing intelligent workflow systems designed to maximise verification rates.
The 10th NextGen Payments and Regtech Forum
The event will be hosted between 9 March – 10 March in Dublin, Ireland.
The focus on ESG: Spotlight on data
As regulatory pressure grows, effective ESG reporting is now essential for businesses across the world.
The carrot and the stick: How regulators are driving a data quality revolution
Beyond the threat of fines, regulators can help financial firms by highlighting the benefits of high data quality.
Fintech predictions for the year ahead
IBM’s Paolo Sironi and Anthony Lipp make three predictions for the financial services industry in 2022.
Four fintech trends to watch in 2022 and beyond
The rise of Web3, instant checkout, and embedded finance are just a few reasons 2022 will be a pivotal year for fintech.
What the FinTech? Podcast | Season Two’s Jailed Buzzwords
We run down all the buzzwords our podcast guests wanted gone from the industry this year.
2021: Top five movers and shakers
FinTech Futures takes a look back at some of the year’s seminal hires and appointments.
PRA fines Standard Chartered £46.55m for reporting failures
The penalty is the PRA’s highest ever fine in a PRA-only enforcement case.
FCA fines HSBC £64m for failings in its AML processes
The FCA says HSBC’s transaction monitoring systems showed “serious weaknesses” between 2010 and 2018.
Dear Luc: What fintech trends should I prepare to see in 2022?
Four trends that FinTech Futures’ Agony Uncle predicts will occur in 2022.
Noname Security becomes first API security unicorn with $135m Series C raise
The platform says it blocks over 1,000 attacks per day against its customers.
NatWest hit with £264.8m fine from FCA for money laundering failures
The fine includes a 33% discount thanks to the bank’s early guilty plea.
Battle for crypto supremacy like tortoise and hare fable, says Hyphe CEO
With regulation comes legitimacy, clearing the way for traditional FIs to offer digital currencies to their clients.
Anti-money laundering regtech Hummingbird secures $30m in Series B round
New funding brings the total raised to date by the start-up to $41.8m.
Regtechs PassFort and kompany acquired by Moody’s Corporation
Both companies will be integrated into Moody’s KYC business within Moody’s Analytics.
Landsbankinn prepares for PSD2 with Salt Edge
Iceland’s largest bank will utilise Salt Edge’s international experience and compliance solution.
Worldline provides authentication for Austria’s emerging digital ID solution
The provider is working with longstanding customer PSA Payment Services Austria.
FinTech Futures Reports Calendar 2022
Position your brand as a thought leader and a trusted industry expert. Throughout the year FinTech Futures’ experienced editorial team publishes a series of comprehensive reports, providing an independent expert view on the industry, including analysis of key topics and in-depth insight into future trends. Designed to address research objectives across the banking and fintech […]
Indian government takes next step in banning cryptocurrencies
Scheduling of bill points to government’s stance despite speculation over rethink.
Tax automation firm Fonoa raises $25m for international expansion
The Dublin-based company will use the funding to extend country coverage and headcount.
ECB report finds banks failing to meet climate risk goals
The study looks at 112 banks, with €24 trillion of combined assets.
Revolut monitors regulatory landscape with CUBE platform
The platform uses AI for identifying regulatory announcements and events across the globe.
New FinTech Futures Report: The Changing Face of Cybersecurity
The latest deep-dive report and survey in the industry, focusing on the changing nature of cybersecurity in a new age.
Bank North taps Vermeg to support regulatory reporting ahead of launch
The supplier’s AgileReporter platform forms part of the UK regional bank’s tech stack.
Drata achieves unicorn status following $100m Series B
Drata intends to triple its workforce within the next year.
