Transaction Monitoring

What do the 30 FinTech funding rounds from last week tell us about the state of the industry?

The RegTech industry has proven resilient throughout the Covid-19 crisis, but vendors better avoid making big mistakes to ensure their future success.

The EU’s securities markets regulator has postponed the applicability date of the updated European Markets Infrastructure Regulation (EMIR) validation rules to March 8, 2021.

Syncapay has announced that it has bought Wirecard North America, marking another page in the story of the collapse of the scandal-ridden former FinTech giant.

Chat app developer Kik Interactive has entered into a settlement with the Securities and Exchange Commission for the unlawful sale tokens in 2017 and has agreed to pay $5m in fines.

Secureframe, which offers automated compliance software for SOC 2 and ISO 27001, has netted $4.5m in its seed round.

Atom bank has picked RegTech SurePay to help the app-based bank to fight fraud and prevent misdirected online payments with its Confirmation of Payee solution.

More than nine months into the coronavirus pandemic, different segments of the RegTech industry has been responding to the crisis in various ways.

The European Council has removed the Cayman Islands from its list of non-cooperative jurisdictions for tax purposes. However, not everyone is happy about the decision.

The Financial Stability Board (FSB) has published a roadmap to enhance cross-border payments, which will be delivered to G20 finance ministers and central bank governors at a October 14 meeting.