More vigorous action needed on money laundering, BaFin tells Deutsche Bank
German financial regulator BaFin has told banking giant Deutsche Bank it needs to introduce stronger action on money laundering.
AWS eyes simplified data process with Amazon FinSpace launch
Amazon Web Services (AWS) has introduced Amazon FinSpace – a service aimed at reducing the time FinTech’s spend finding, preparing and analysing financial data.
APRA guidance offers support on tackling climate-related financial risks
The Australian Prudential Regulation Authority (APRA) has issued a draft practice guide to banks, superannuation trustees and insures on managing climate-linked financial risks.
FCA to introduce ‘regulatory nursery’ to boost FinTech oversight
The Financial Conduct Authority (FCA) has revealed it will launch a ‘regulatory nursery’ for new FinTech companies in autumn of this year.
Qapita said to raise $5 in pre-Series A funding
Qapita, a digital equity management SaaS solution developer, has reportedly collected $5m in a pre-Series A funding round led by MassMutual Ventures.
Nationwide unveils new bank cards for the blind
Nationwide Building Society has started issuing ‘dot and notch’ embossed and recycled bank cards for its blind customers.
Two-thirds of European firms feel let down by banking provider during pandemic
A survey by Parliament Street Think Tank has found up to 66% of SMEs feel they have been let down by their banking provider during the Covid-19 crisis.
Over half of Millennial, Gen Z Muslims open to adopting Islamic banking
A report by cloud banking platform Mambu has found more than half of young Muslims would adopt Islamic banking if it was more accessible.
Russian central bank to initiate digital ruble pilot
The central bank of Russia has revealed it is planning to begin a pilot test for a digital ruble with 12 of the country’s top banks.
The 38 FinTech funding rounds raised last week highlight the success of payments companies...
While the payments industry has reason to celebrate, last week also proved a boon for 38 FinTech companies closing investment rounds. The FinTech industry returned...
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