FCA agrees to delay the full implementation of strong customer authentication by 18 months
The UK deadline for businesses to comply with the EU’s new rules for online payments has been postponed. But some warn businesses shouldn’t breathe a sigh of relief yet.
Pannovate enlists Salt Edge’s customer authentication services
British payment and digital banking technology venture Pannovate has partnered up with Salt Edge, the customer authentication company, to provide clients with a smooth way of launching regulatory compliant banking and payment services.
Firms paid $10.4bn in fines over the last year for breaking money laundering, privacy...
The total volume of fines levied against firms for breaking money laundering, data privacy, MiFID and know your customer rules jumped by 141% and amounted to $10.4bn in total so far this year.
The biggest challenges giving the RegTech sector a headache right now
From getting accurate data to responding to new regulatory challenges, there are plenty of opportunities and obstacles to overcome for RegTech innovators.
Mastercard to acquire open banking FinTech Finicity in $825m deal
North American FinTech Finicity is being sold to Mastercard in a $825m deal, with the payments giant planning to leverage the acquisition to further its push into open banking.
Penta raises €2.2m, sees PSD2 as a way to fix ‘broken banking’
German challenger bank Penta has closed a €2.2m Seed financing round, just a month after it launched in Germany.
Banking API company Teller announce new $4m seed round to take on Plaid
Venture capital Lightspeed Ventures, Founders Fund and PayPal founder Max Levchin's SciFi VC have joined forces to back banking API provider Teller’s new funding round.
Iren picks SIA to bolster its PSD2-enabled payment services
Italian multi-utility provider Iren has picked payment services company SIA to launch of advanced payment services thanks to the innovations introduced by PSD2.
Commerzbank and LBBW reach milestone blockchain transaction milestone
Two banks have just completed a multi-participant deal using blockchain technology, which they hail as an important expansion of the digital trade finance ecosystem.
Open banking startup Yapily raises $13m in Series A funding round to drive growth...
Yapily has closed a $13m investment round led by Revolut-investor Lakestar. The open banking startup will use the cash injection to strengthen its grip...
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