BIS, Bank of England unveil new BIS Innovation Hub in London
The Bank for International Settlements (BIS) and the Bank of England (BofE) have collaborated to launch the new BIS Innovation Hub Centre in London.
ECB: Digital euro will be a complement to cash, not a replacement
European Central Bank (ECB) executive board member Fabio Panetta has claimed that despite the growth in digital currency, there is still a huge demand for physical cash.
Stake eyes European expansion following $30m funding round
Australian retail brokerage platform Stake has raised $30m from a new funding round led by Tiger Global.
Clausematch, Department for International Trade underline RegTech role in ESG
Regulatory technology firm Clausematch and the UK Department for International Trade (DIT) have compiled an article on the role of environmental, social and governance (ESG) in RegTech.
Rogue mobile banking app presence records 140% year-on-year hike
A report by Outseer has found the presence of rogue mobile banking apps increased 140% compared to the same time in 2020.
Big Squid grabs $3m to predict business scenarios
Predictive analytics firm Big Squid has landed $3m in a seed funding round led by Silverton Partners and Kickstart Seed Fund.
Dvo1 closes $5.5m Series A round led by OCA
Data analytics platform Dvo1 has closed its Series A funding round on $5.5m, which was led by OCA Ventures.
Visible Alpha bags $38m funding round led by Goldman Sachs
Financial data and analytics company Visible Alpha has bagged a $38m round of funding led by Goldman Sachs.
2021 Christmas spending fuels ever-growing BNPL debt bubble for consumers
After it was revealed UK consumers racked up £3.3bn in buy now, pay later (BNPL) debts over Christmas 2021, a study by Credit Karna has found a growing debt bubble amongst customers.
Majority of UK compliance experts expect more AML regulation due to Brexit
A study by LexisNexis Risk Solutions has found 78% of compliance professionals in the UK see increased anti-money laundering (AML) legislation on the horizon due to Brexit.
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