Nordic banks look to establish joint KYC venture
A number of banks in the Nordic region are looking to create a common Know Your Customer (KYC) joint venture.
Will InsurTech startups come out as the big winners of the coronavirus pandemic?
COVID-19 could be great for the InsurTech industry as the crisis highlight where insurers’ shortcomings are. But that does not mean there won’t be hard times ahead.
HMBradley is the latest US challenger bank to set sights on growing market
HMBradley is the latest US challenger bank to enter the fray, differentiating itself from competitors by offering consumers rewards for positive financial behaviours.
SEC slaps $81m fine on firms for recordkeeping lapses
The U.S. SEC recently made headlines by settling charges with 16 prominent investment advisers and broker-dealers.
MyComplianceOffice acquires fellow RegTech Schwab Compliance Technologies
Conduct risk and compliance risk technology developer MCO (MyComplianceOffice) has acquired Schwab Compliance Technologies to support its expansion effort within in the RegTech space.
Singaporeans are getting excited about new digital banks
Singapore has opened up for new challenger banks to open up shop in the country and people are getting thrilled about it.
India bars Mastercard from onboarding new customers due to data storage non-compliance
Reserve Bank of India has indefinitely barred Mastercard from issuing new debit, credit or prepaid cards to customers in the South Asian market over noncompliance with local data storage rules.
CyberTech startup RapidFort collects $8.5m in seed funding
RapidFort, a software attack service optimisation platform, has reportedly collected $8.5m in its seed funding round.
Marketlend raises over $140m with the help of Finitive
Buy now pay later company Marketlend has secured more than $140m via a series of credit facilities from a consortium of investors, including banks, credit funds and other institutional investors.
InvestorHub raises $4m to revolutionize market communication
Australian startup Fresh Equities has announced a successful $4m funding round, which will be used to help public companies communicate more effectively with their investors. The company has rebranded itself as InvestorHub, and aims to use data-driven insights to help listed companies communicate with their shareholders and potential investors.