President of the German Bundestag Wolfgang Schäuble says deregulation of financial services was stupid
Wolfgang Schäuble, president of the Bundestag and member of the Christian Democratic Union of Germany (CDU), regrets the role his party played in deregulating the financial industry before the crisis.
Crypto firm Proven snares $15.8m in seed funding haul
Proven, a firm that enables exchanges, stablecoins, asset managers and custodians to prove their solvency, has raised $15.8m in a seed round.
Eurobank moves to comply with new money laundering rules with FICO
In response to the EU's new money laundering regulations, Greek Eurobank has expanded its partnership with FICO to comply with the law.
SOMA.finance lands $6.5m seed raise
Digital assets marketplace SOMA.finance has closed a seed funding round and raised $6.5m.
RegTech firm Signzy teams up with blockchain firm Primechain Technologies
Bengaluru-based Signzy has reportedly entered into a partnership with Primechain Technologies, the blockchain compan
Mastercard teams with PayTechs on cross-border payments
Mastercard has partnered with payment processor PXP Financial and payments infrastructure firm Payall to boost cross-border payments.
Just one in ten managers understand the extent of the Federal Family and Medical...
Worryingly, only 11% of manager understand the extent of the Federal Family and Medical Leave Act (FMLA), potentially leaving businesses open for law violations.
Moneyfarm herds £44.1m Series D from new partner M&G
WealthTech firm Moneyfarm has secured £44.1m in Series D funding from investment firm M&G following a recent partnership between the two companies.
Fabrick launches two turnkey PSD2 solutions
Italian RegTech company Fabrick has launched two ready-to-use solutions enabling companies to remain compliant with the updated Payments Services Directive (PSD2).
FCA names new joint exec directors of enforcement and market oversight
The FCA has appointed Therese Chambers and Steve Smart as joint executive directors of enforcement and market oversight.
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