RegTech

US security firm Rhombus Systems inks $10m Series A

Smart security camera startup Rhombus Systems has secured $10m in capital from a Series A funding round.

FBI worried that private equity firms are being used to launder money

A leaked FBI bulletin calls for increased regulatory scrutiny of private equity firms and hedge funds to better fight money laundering.

Hong Kong Stock Exchange publishes updated ESG, corporate governance guidance

The Stock Exchange of Hong Kong (HKEX) has published guidance on climate disclosures as well as an analysis of corporate governance and ESG practice disclosure across 2020-2021.

Paysend hits one million customers as the FinTech startup plans to roll out new...

Paysend, the UK-based card-transfer business, has reached one million customers for its global transfers service.

Philippines nearing the issuance of its first sovereign green bonds

The Philippines’ Department of Finance (DOF) claims it is finalising a framework for the issuance of the country’s first ever sovereign green bonds.

ESMA calls for changes to Transparency Directive following the Wirecard scandal

The European Securities and Markets Authority (ESMA) has written to the European Commission with a proposal to improve the Transparency Directive (TD), following the Wirecard scandal.

Reserve Bank of New Zealand underlines rising bank resilience from stress tests

Recent stress tests by the Reserve Bank of New Zealand (RBNZ) have shown increasing resilience in the banking sector and the benefit of continue to build capital buffers.

DailyPay eyes market expansion following $500m capital raise

US firm Daily Pay has netted $500m in raised capital following a $175m Series D and $325m credit capital raise.

Scammers are stealing $80m per month through fake giveaways and surveys

A report by Group-IB has found threat actors are making $80m a month by impersonating known brands asking people to participate in phoney surveys and giveaways.

MAS proposes extended regulatory clout over financial services in new bill

The Monetary Authority of Singapore (MAS) may gather more regulatory powers over Singapore’s financial services sector with the introduction of a new Bill this week.

News Stories

FinTech

Another strong week for FinTechs with 26 deals recorded

FinTech Global reported on another powerful week in the FinTech sector, with a total of $783m raised across 26 deals.   This top performing deal...
FutureMoney launches micro-investing app to help families secure financial future

FutureMoney launches micro-investing app to help families secure financial future

FutureMoney, a FinTech company founded by industry veterans, has launched a new micro-investing platform aimed at helping families build generational wealth.
Camwood and Pentaho team up to enhance data analytics capabilities

Camwood and Pentaho team up to enhance data analytics capabilities

Camwood, a leading IT consultancy specialising in digital evolution through the lens of applications, has partnered with Pentaho, a subsidiary of the Japanese multinational conglomerate Hitachi, to bring its data analytics platform to market via a new managed services offering.
Erste Bank Hungary introduces innovative flight delay insurance with Companjon

Erste Bank Hungary introduces innovative flight delay insurance with Companjon

Erste Bank Hungary has launched Flight Delay Insurance, a new service available to its customers in the George app.
Dwolla partners with Visa to enhance account verification in pay by bank

Dwolla partners with Visa to enhance account verification in pay by bank

Dwolla, a leading U.S.-based account-to-account (A2A) payment solution provider, has announced a strategic collaboration with Visa, a world leader in digital payments.

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