Deutsche Bank slapped with €8.6m fine for Euribor control deficiencies
Deutsche Bank has been fined €8.6m by BaFin due to weaknesses relating to controls of Euribor, the Euro Interbank Offered Rate benchmark used in the financial industry.
Insuritas inks deal with Hudson River Community
InsurTech100 company Insuritas has announced that it has secured a deal with Hudson River Community Credit Union (HRCCU).
Will the UK remain a FinTech leader after Brexit?
The UK is a hotbed for FinTech innovation and investment. However, as Brexit draws closer, some fear that will no longer be the case.
Lyra taps Napier for AML transaction monitoring offering
Napier, a financial crime compliance specialist, has partnered with Lyra to provide the latter advanced transaction monitoring and hosting.
Korea’s FSC unveils plans to reinvigorate KONEX market
South Korea’s Financial Services Commission (FSC) has announced a raft of measures aimed at revitalising the Korea New Exchange (KONEX) stock market.
Insuritas has signed a new deal with PSECU
Hot on the heels of inking a deal with Hudson River Community, Insuritas has now signed a new deal with PSECU.
Breaking down false stereotypes in cybersecurity is key to improving workplace diversity
Diana Moldovan, UKI cyber operations lead at Aviva, argues that, false stereotypes need to be broken about only men being coding geniuses to increase the number of females in cybersecurity.
Payments intelligence platform Pagos inks $34m
Pagos, a payments intelligence company, has scored $34m in a Series A funding round headed by Arbor Ventures.
FCA slapped UK finance firms with £568m in fines in 2021
During a year of heightened financial crime, the Financial Conduct Authority (FCA) handed out £568m in fines during 2021.
FCA to return £3.42m to victims of unauthorised investment schemes
The Financial Conduct Authority has obtained High Court approval to return £3.42m to compensate victims of a series of unauthorised deposit taking and collective investment schemes.