US Justice Department investigates Visa over debit card practices
Visa is in legal hot water as it faces a regulatory investigation by the US Department of Justice (DOJ) over concerns of whether it is using anticompetitive practices in the debit card market.
The ongoing rise of RegTech
A recent blogpost by PassFort has summarised what is driving the increased adoption of RegTech solutions and what trends the industry may see in 2022.
Debunking the myths of AI in RegTech
AI technology has taken the world by storm. While the technology can do wonders to improve compliance processes, myths surrounding AI’s use have gained weight and forced many to reconsider using it.
Germany’s banks lash out against Libra whilst pushing for a digital euro
Could a digital euro be a better alternative to Libra? A leading group of German banks thinks so. The Association of German Banks (Bankenverband) made...
Parliamentary group criticises regulators for their treatment of challenger banks during Covid-19
A new report from a cross party group of MPs has slammed the UK's regulators for not keeping the neobanks and building societies at the front of mind during the pandemic.
SteelEye set to bolster reach with North America expansion
London-headquartered RegTech firm SteelEye is eying development across North America following two strong funding rounds last year.
Why RegTech is no longer just about finance
RegTech may have started life to help financial firms deal with the massive weight from new regulations, but the sector could be moving out of the finance industry's shadows.
EU unveils plans for cyber unit to tackle large scale attacks
The European Commission (EC) has launched its strategy to build a Joint Cyber Unit to tackle large scale cyberattacks, according to the BBC.
Property licensing RegTech solution Kamma said to raise $1.6m in funding
Kamma, a RegTech platform for property licensing, has reportedly netted £1.6m in its funding round.
New Singapore innovation hub to focus on digital identities and to connect regulators with...
There are several reasons why FinTech and RegTech providers in Singapore should take notice of a new initiative in the state.
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