The European Banking Authority addresses de-risking practices
The European Banking Authority (EBA) has published three regulatory instruments to address de-risking practices based on evidence gathered in its call for input. The instruments...
The Financial Conduct Authority launches campaign to encourage whistleblowing in financial services
The Financial Conduct Authority (FCA) has launched a campaign to encourage individuals in financial services to report potential wrongdoings.
Revolut applies for US banking licence after bidding adieu to Canada
Challenger bank Revolut has applied for a full banking licence in the US, filing a draft application with the FDIC and California Department of Financial Protection and Innovation, which would allow the startup to expand its services across all 50 states.
Zaver banks $5m to facilitate cardless and BNPL payments in the durables sector
Zaver, a Swedish FinTech enabling merchants to accept cardless payments and offer buy-now-pay-later (BNPL) services, raised $5m in new funding.
How digital distribution and reporting will impact the AIF ecosystem
With the advent of technology people have become accustomed to improved experiences and better access to data. Digital distribution and reporting technology enables fund managers to transform their operations to be more collaborative with investors and be much more transparent.
Life.io helps insurance carrier to increase lead generation 27-fold
Life.io, which designs customer engagement technology for insurers, has helped a “well-established” carrier improve lead generation by 27-times, it claims.
Amazon to offer business insurance after partnership with Next Insurance
Amazon is moving into the insurance space through a partnership with InsurTech startup Next Insurance.
ESMA issues statement to clarify approach to position limits for commodity derivatives
The European Securities and Markets Authority (ESMA) has issued a statement to clarify its supervisory approach to position limits for commodity derivatives.
The European Supervisory Authorities release joint Q&A for EMIR
The European Supervisory Authorities published three joint questions and answers on bilateral margin requirements under the European Markets Infrastructure Regulation (EMIR).
Quantexa partners with Deloitte to help firms fight against financial crime
Data and analytics software company Quantexa, has partnered with Deloitte as part of its global illicit finance and economic crime initiative to help firms with more stringent monitoring of criminal activities and establish a robust framework against organised crime.