EML Payments halts trading over Central Bank of Ireland probe
Australian payments firm suspends shares over “significant regulatory concerns”.
RegTech
Scottish Equity Partners invests in compliance firm FundApps
FundApps says it can “transform” investment management.
UK government should confirm that NFTs are “works of art”
The UK’s legal and regulatory framework has lagged behind in the rapidly moving NFT area.
N26 issued order by German regulator to improve AML measures
To oversee these changes, Bafin has appointed a “special commissioner”.
Video: pick of the week – European regulator in tech selection; new challenger bank in the US
A top pick of stories from the world of finance and tech in bitesize video format, twice a week.
Banking Tech Awards 2021 now open for entries!
The awards are open to banks, financial institutions, technology and service providers, teams and individuals.
New rules of the game in the AML field?
What is of great importance to meet the challenges of pandemic times is that AI can find anomalies.
Banking Technology May 2021 issue out now
Better together: building resilience against cyberattacks.
Lanistar secures FCA approval less than six months after regulatory warning
Lanistar also filed its unaudited accounts last month.
Singapore pledges $32m to help regtechs take POCs to market
Welcome to “the Valley of the Valuable POCs”, says MAS chief fintech officer
French watchdog says banks risk “marginalisation” by Big Tech payment apps
The paper focuses on Big Tech-associated threats to competition.
HSBC CEO Colin Bell joins board of AML fintech Quantexa
HSBC has used Quantexa to develop an AI solution to better identify financial crime.
Blockchain compliance firm Securrency raises $30m in Series B round
The new injection will help Securrency’s expansion in the UAE and the US.
Implementation of regulatory changes in lending
The EBA guidelines on loan origination and monitoring are coming into force on 30 June 2021.
Video: fintech news pick of the week – Santander, Starling & more
A top pick of stories from the world of finance and tech in video format, weekly.
UK takes first steps towards CBDC with launch of new taskforce
The taskforce will now set out to identify the UK’s use cases for a CBDC.
The SEC confirms appointment of Gary Gensler as new chair
Gensler joins as the Democrats gain a majority among the commissioners of the US Securities and Exchange Commission.
Robinhood calls Massachusetts regulator “elitist” for trying to revoke its licence
“The complaint reflects the old way of thinking,” says Robinhood.
New Zealand introduces world-first climate risk reporting bill for banks
The bill will cover all banks with total assets topping NZD 1 billion.
Federal Reserve chair says cyber risk a greater threat than another financial crash
Cyber-attacks are a “big part of the threat picture in today’s world”.
France’s central bank warns fintech industry of rules when using term “neobank”
The industry has long called out the interchangeable use of the word “neobank”.
Banking Technology April 2021 issue out now
Soaring to new heights: a record-breaking first quarter of M&A activity.
Ikano Bank picks TruNarrative to sit at regulatory centre of digital change
Swedish bank selects UK regtech firm to collate AML programmes.
FCA plans whistleblower support with new campaign
UK regulator to provide greater help to those willing to come forward.
Feedzai lands $200 million in Series D funding to reach unicorn status
Risk management firm lands its largest round so far.
Former HSBC exec Maguire joins UK regtech Napier
Maguire takes up a position as an advisory board member at the firm.
Non-fungible tokens: how do you regulate a non-conventional marketplace?
The scope and applications are vast, and there’s real potential in online gaming.
Webinar: Getting to market faster by outsourcing PCI compliance
Cost benefits, getting more value from data, protecting card data, and managing other sensitive data.
Australia consults industry on more “sustainable” challenger bank licence
The APRA’s consultation closes at the end of April.
UK fintechs B-North, DIEM, Encompass, and Lumio raise funding
A round-up of recent investments clinched by the UK fintech start-ups.
NatWest’s FCA laundering charge the “first of a few” to come in 2021
The FCA is currently still investigating 6 other cases.
Time to apply 2020 tax lessons
You should have a candid tax planning discussion with your advisors early
NatWest faces FCA money laundering charge over £365m account
The bank will appear before Westminster Magistrates’ Court next month.
Regulating the Brexit deal
In spite of their clear importance, regulators have often met resistance.
Bank of England governor key architect in RBS scandal which left businesses in ruin
Bailey did not disclose his hand in creating the Asset Protection Agency.
Banking Technology March 2021 issue out now
Creating communities: celebrating women in fintech this Women’s History Month
UK’s CMA launches consultation into OBIE successor
The CMA asks firms to send in suggestions before 29 March.
Budget 2021: What does it mean for UK fintech?
FinTech Futures scrolls through the UK chancellor’s new budget to pick out the fintech impact.
ECB wants final say on stablecoin issuance under new EU regulation
This new regulation won’t apply in the UK following Brexit.
Regtech: watching personal mobile devices in financial services, but why?
The best policy is one which works. Soft policies, by their very nature, do not work as intended.
