Tax automation firm Fonoa raises $25m for international expansion
The Dublin-based company will use the funding to extend country coverage and headcount.
RegTech
Olivier Vigneron to become Deutsche Bank’s group CRO
Vigneron is rejoining the bank, moving from Natixis, and will take up the role from next June.
Revolut monitors regulatory landscape with CUBE platform
The platform uses AI for identifying regulatory announcements and events across the globe.
$140m Series E funding takes Expel valuation to over $1bn
The US-based detection and response (MDR) provider has secured $258 million in financing to date.
Singapore and UAE conduct first cross-border digital trade document transfer
Singapore’s TradeTrust enables counterparties and banks to validate documents digitally.
Aiimi wins £1.3m data analytics contract with FCA
Milton Keynes-based data firm wins regulator contract running until April 2024.
Climate tech SaaS start-up Persefoni raises $101m in Series B round
Carbon footprint calculator Persefoni wants to be the first “ERP for carbon data”.
Al Rayan Bank taps TruNarrative to cover KYC and onboarding
UK Islamic Bank seeks revamp to regulatory reporting as part of ongoing digital change.
Banking Tech Awards USA 2022 – call for judges
An unrivalled opportunity to be on the forefront of fintech and banking tech innovation and gain exclusive insights.
FCA launches education campaign targeting inexperienced investors
InvestSmart aims to address new investors driven by competition and influenced by hype.
Aussie ID and fraud prevention platform FrankieOne nets $15m Series A round
Start-up sees investment from Robinhood founder and CEO Vlad Tenev and Monzo founder Tom Blomfield.
FCA staff seek independent union following pay dispute
Trade union Unite says its numbers have swelled following “growing disenchantment” from FCA staff.
CBI: Collaborative open finance ecosystems for a market success story
80% of the Italian banking market (around 300 PSPs) has adopted CBI Globe to meet the requirements of the PSD2.
Sibos 2021: Mark Carney urges collective action on climate change
Former governor of the Bank of England gave an optimistic closing keynote at Sibos 2021.
DNB Bank picks Fenergo to provide CLM solutions in multi-year project
Norwegian banking group plans revamp of currently manual processes.
Regulate or ban: EU’s proposed AI credit scoring framework hears feedback
The EU has been receiving recommendations on its proposed Artificial Intelligence Act.
N26 pays €4.25m fine for money laundering failures
German digital bank hit with fine by country’s financial regulator.
Banking Technology October 2021 issue out now
Cover story: multi-tusking – how do you eat an elephant?
ComplyAdvantage tapped by Hampshire Trust Bank for AML solution
RegTech’s AI-driven financial crime solutions will protect HTB at a time of rapid growth.
Western Union taps Salt Edge for European digital bank pilot
Salt Edge’s software will ensure the firm’s upcoming digital banking pilot is PSD2 compliant.
How Northern Ireland is helping to build a cyber-secure future
Northern Ireland has nurtured a small cluster of native businesses into a global centre of cybersecurity excellence.
Regtech start-up PassFort lands $16.2m Series A funding round
PassFort intends to use the money to expand internationally.
White paper: The eIDAS primer
Exploring electronic IDs and how they help EU citizens conduct business with government agencies.
White paper: Five key qualities of a successful AML compliance programme
An effective AML compliance programme will protect your company from regulatory fines and prosecution.
Exclusive: Inside the merger of DueDil and Artesian Solutions
FinTech Futures sits down with the CEOs of DueDil and Artesian to talk about their merger.
Guide: The X factor – why KYC isn’t enough
Fighting fraud and financial crime doesn’t end at onboarding.
JP Morgan pays €25m to settle French fraud case
US lender settles over arrangements with Wendel Investment Group.
Hamburg Commercial Bank goes live on Broadridge payments system
German lender aims to revamp its processing capabilities.
Dock: meet in person on 24 November 2021 in London
Get ready for face-to-face interaction! Free VIP passes for banks & financial institutions.
Databricks hits $38bn valuation with $1.6bn Series H round
Data and AI firm plans to turbocharge adoption of its ‘lakehouse’ data management architecture.
Reserve Bank of India plans CBDC trials by 2022
India’s central bank is still being “extremely careful” about its tests.
Banking Technology September 2021 issue out now
Cover story: expansion plans – how to achieve global growth efficiently.
FCA says crypto exchange Binance is “not capable” of supervision
UK regulator issued a now-revealed warning to Binance in June.
Coinbase deploys Solarisbank to streamline onboarding in Germany
Cryptocurrency platform deploys new systems to improve KYC.
LexisNexis acquires onboarding and risk platform TruNarrative
TruNarrative will join LexisNexis’ business solutions group.
Is a change of approach required to benefit from cloud services as critical infrastructure?
It’s a fine balancing exercise of facilitating and encouraging innovation and adoption of cloud integrated services.
DueDil to merge with Artesian Solutions due to “lack of funding”
Reports indicate DueDil shareholders won’t get a return on investment.
UBS fined by Hong Kong’s SFC for compliance breaches
SFC slaps $1.5 million fine on Swiss bank for multiple issues.
Extended deadline announced for Banking Tech Awards 2021
The new nomination deadline for the Banking Tech Awards 2021 is 20 August.
Nigerian central bank plans October 2021 digital currency pilot
The central bank ordered the cessation of cryptocurrency exchange services in February.
