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FSB slams UK government’s new tariff regime for not doing enough to help SMEs...

The British Government has updated its temporary tariff regime to prepare for a no-deal Brexit. However, industry stakeholders think these measures will not be enough to protect small businesses.

ESMA chair likens Brexit with “a well-written TV soap” and tells businesses to prepare...

With less than a month left before the UK is reportedly leaving the EU, the boss at the EU’s financial regulator had a few choice words to say.

mSIGNIA and Signifyd’s SCA solution receives certification from EMVCo

Online fraud prevention company Signifyd claims its Seamless SCA solution has became the first 3-D Secure version 2.2 solution to receive all of the...

Fama and Sterling sign partnership to empower businesses to make better background checks

Sterling, a background and identity services provider that caters to the financial services industry, has signed a partnership with Fama, an AI-based social media and web screening solution, to help businesses make better hiring decision.

FCA slams Prudential with £23.87m fine for “very serious breaches that caused harm” relating...

The Prudential Assurance Company has been fined £23.87m for failing to tell customers about their pension savings options.

Russian nuclear scientist fined $7,000 for using a super computer in a top secret...

A Russian nuclear scientist has been fined for using one of the country’s most powerful super computers, located in a top secret lab, to mine bitcoin.

Block.one settles SEC lawsuit by paying $24m fine for trading an unregistered ICO

Block.one, the blockchain technology venture, will have to fork out $24m for settling its legal issues with the US Securities and Exchange Commission (SEC).

Is it fear of automation or something else that keeps big banks from adopting...

Lots of huge financial institutions talk the talk about innovation, but few seem to walk the walk and actually implement RegTech solutions. That is according...

Most Brits don’t know about the threat imposed by deepfakes

New research has revealed that almost three out of four UK residents have no idea about the threat imposed by deepfake videos.

Israel and Croatia team up to boost FinTech innovation

FinTech entrepreneurs in Croatia and Israel may soon work closer together as the two countries have signed an agreement to encourage innovation in the sector.

News Stories

AI

FCA unveils AI Lab to foster collaboration and innovation in FinTech

The FCA has launched a new AI Lab as part of its commitment to supporting the integration of artificial intelligence in the financial sector.
space

Applied Underwriters takes on the space insurance market with new leadership

Applied Underwriters Aerospace, a division of Applied Underwriters, is making a strategic move to expand its footprint in the space insurance market.
FCA

Volkswagen Finance hit with £5.4m FCA fine for mishandling customer hardships

In a significant regulatory action, Volkswagen Finance, has been fined £5.4m by the FCA for not treating customers in financial difficulty fairly. This fine...
Nasdaq

Nasdaq’s AI integration streamlines risk management for banks and insurers

Nasdaq has unveiled an machine learning methodology designed to revolutionize risk calculations and predictive analytics in the financial industry. Integrated into the Calypso platform, this...
Red Oak

How Red Oak is revolutionising compliance with AI-driven solutions

Artificial Intelligence (AI) is revolutionising various industries by offering technologies that enhance speed, quality, and efficiency. The financial compliance sector is particularly benefiting from...

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