5 US investment banks face $1bn in fines
Five US investment bank giants are reportedly faced with $1bn in fines for failing to monitor employees using unauthorised messaging apps.
Crypto companies join forces for new compliance solution
A group of US-based cryptocurrency companies have launched a new platform aimed at helping firms comply with the Travel Rule regulatory requirement.
Elliptic to help banks adopt crypto safely with Series C backing
Elliptic, a cryptoasset risk management provider, has closed its Series C round on $60m, as it bolsters its market position.
Vivid Money bags $60m Series B to expand across Europe
Berlin-based challenger bank Vivid Money has raised $60m from a Series B funding round led by Greenoaks.
The European Central Bank is reducing the burden of reporting for banks
The European Central Bank (ECB) has reduced the reporting burden banks in Europe face without impacting the amount of information it is able to collect.
Payment company eftpos is planing to launch ?smoother, faster and more secure onboarding experience?
The global mobile digital identity market could be worth $7bn by 2024. So it seemingly no mystery to why eftpos might want to get in on the action.
GOP senators pressure banking agencies for more reg relief
A group of Republicans have pushed banking regulators to adjust several regulatory relief proposals and make them more lenient.
Identitii raises $11m through ASX listing
Blockchain startup Identitii, which helps banks improve cross-border payment compliance, has raised $11m through its IPO.
Icertis collects $50m Series D round led by Meritech
Contract management company Icertis has collected $50m in its Series D funding round led by Meritech Capital Partners.
Coinfirm, QRC and NEO to create a ‘compliant blockchain economy’
Coinfirm, a AML/CTF risk and compliance platform, has partnered with Chinese blockchain giant NEO and blockchain venture platform QRC.