Company News

The US Commodity Futures Trading Commission (CFTC) has slammed the financial services firm Philip Capital Inc. (PCI) with a $1.5m fine for letting hackers compromise the company's systems and for failing to disclose the hack to customers.

Last week the Australian senate announced it would launch a new select committee to ensure the FinTech and RegTech sectors keep growing and remain compliant. Now, industry leaders have revealed what they think about it.

Azur, the managing digital agent, has announced the launch of two new products – Azur Niche and Azur Unoccupied – to meet the broad insurance needs of high net worth clients.

The world is in the midst of a cashless payment boom. However, many banks will not take the steps to embrace open banking and fear the looming threat of big tech companies’ competition.

The Alibaba founder has left his role as a chairman of the e-commerce giant in way that can provide some tips for other founders on how to create their own succession plans.

The global payments industry could cash in on an additional $500bn by 2025, but at the same time old school bankers could lose $280bn of that by not adopting new technology.

The Financial Conduct Authority’s top dog has revealed seven issues the regulator have yet to solve before the UK departs from the EU.

The chief executive of the Financial Conduct Authority (FCA) has stated that preparations for the possibility of a no-deal Brexit have increased, but that there is still work to be done.

Trigo is an autonomous checkout startup and has just announced that it has raised a $22m early-stage funding round.

The RegTech industry is growing massively, but there are still challenges to tackle head-on to keep expanding.