Novus bags FCA approval to launch sustainable banking app
UK FinTech Novus has secured regulatory approval from the Financial Conduct Authority (FCA) to launch as a company later this year.
OneSpan whitepaper details possibilities of eIDAS regulation for e-signatures
OneSpan has published a whitepaper that details how the eIDAS Regulation offers a range of possibilities for electronic signatures in the European Union.
RBI publishes consultation on overseas investment liberalisation
The Reserve Bank of India (RBI) has introduced two consultation papers with an aim of liberalising the county’s overseas investment regulatory stance.
ECB stress test reveals potential climate peril for European banks
A climate stress test by the European Central Bank (ECB) has found firms based in areas most open to physical risk could see their creditworthiness impacted by climate change.
Redwood Software collects €315m in funding round
Redwood Software, which builds cloud-based business and IT process automation solutions, has collected €315m in strategic funding from growth equity investor Turn/River Capital.
SwissBorg teams with OpenPayd to bolster financial service suite
Cryptocurrency platform SwissBorg has partnered with payments company OpenPayd to help the former embed a full suite of financial services into its user experience.
Regulation of stablecoins in sight following US Treasury body report
A recent report has called on the US Congress to regulate the issuers of stablecoins and has urged agencies to assess whether the coins pose a systemic risk.
HKMA unveils new guide to aid banks with RegTech solution implementation
The Hong Kong Monetary Authority (HKMA) has introduced a Regtech Adoption Practice Guide that aims to offer banks with guidance on how to implement RegTech solutions.
FinTechs urge the FCA to pull the plug on big banks’ data dominance
The Coalition for a Digital Economy (Coadec) has urged the UK's top financial regulator to make open banking truly open in 2021 and to "break" banks' dominance.
Study finds central bank digital currencies may trigger stronger forex controls
A study by the Bank for International Settlements (BIS) has discovered the introduction of central bank digital currencies (CBDCs) may lead to greater foreign exchange controls.
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