Company News

The Australian Securities & Investments Commission (ASIC) is accusing Commonwealth Bank of Australia (CBA) of not taking account of a notification of customer that told them he was a problem gambler.

Challenger bank Revolut is reportedly about to lose its CFO David MacLean just five months after he joined the UK FinTech.

Integrated risk management solutions Riskonnect has acquired governance, risk and compliance (GRC) management software developer Xactium for an undisclosed amount.

European neobanks have taken steps to limit the impact COVID-19 will have on their businesses.

Backbase, an omni-channel digital banking platform, has partnered with Finxact partner to help financial institutions across North America with their digital transformation.

Refinitiv, a financial market data platform, has acquired FinTech software-as-a-service developer Scivantage for an undisclosed amount.

Royal Bank of Canada (RBC) has become the first Canadian bank to implement digital government identity verification solutions.

The European challenger bank market is about to get more crowded as YAPEAL secured a FinTech banking licence from FINMA, Switzerland’s independent financial markets regulator.

The European Securities and Markets Authority (ESMA) has issued a temporary requirement on net short positions in traded shares as it seek additional measures to secure financial market in COVID-19 pandemic.

The Australian Securities & Investments Commission (ASIC) has launched a legal battle against one of Australia’s biggest banks.