PSD2

Bank of America Merrill Lynch is preparing for the Payment Services Directive 2 (PSD2) by launching an application programming interface (API) gateway.

Having just filled its war chest with €90m of fresh capital, Swedish banking portal Tink is gearing up to roll out its services across...

Swedish FinTech Open Payments has added €3m in a seed round and will use the cash injection to grow its team and its reach across the European market.

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.

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.

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.

From getting accurate data to responding to new regulatory challenges, there are plenty of opportunities and obstacles to overcome for RegTech innovators.

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.

German challenger bank Penta has closed a €2.2m Seed financing round, just a month after it launched in Germany.

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.