US regulator SEC extends MiFID II relief period for three years
Assist market participants in the US can breathe a little easier after the top securities regulator extended the period they have to comply with the... Read More
UK MPs call for sanctions and payment delays to combat fraud
UK MPs call for sanctions on banks failing to meet deadline for new account check rule and to implement 24-hour delay on payments to help... Read More
The EBA urges the European Commission to do more to enable FinTech services to operate across borders
European FinTech is thriving. However, The European Banking Authority (EBA) believes the European Commission should do more to make it flourish across the EU. In... Read More
ECB top: “Libra has undoubtedly been a wakeup call for central banks and policymakers”
Benoît Cœuré, executive board member of the European Central Bank, has told the German Bundestag that stablecoins like Facebook’s Libra initiative come with both risks... Read More
CyberFortress bags $3m to help boost cyber insurance cover for SMEs
CyberFortress, an insurance platform protecting e-commerce companies from cyber threats, has bagged $3m in a seed round. The investment was co-led by Greycroft and LiveOak... Read More
Identity platform Axuall collects $3m in seed funding
Axuall, a digital network for verifying identity, credentials, and authenticity in real-time, has collected $3m in seed funding. The capital injection was led by JumpStart,... Read More
Online ID platform Berbix closes seed round on $2.5m
Berbix, an online identity verification platform, has closed a $2.5m seed round to support further partnerships within the market. Y Combinator, Initialized Capital, Fika Ventures,... Read More
French financial watchdog set to approve ICO-related companies under new rules
France’s Financial Markets Authority’s new rules are coming into force in late July and a bunch of cryptocurrency-related businesses are already in talks for approval.... Read More
Konsentus releases eIDAS checking service to help UK businesses with PSD2
Konsentus has released a dedicated eIDAS checking service to help UK businesses with PSD2 compliance. The service is for Account Servicing Payment Service Providers (ASPSPs)... Read More
Wolters Kluwer releases new SaaS-based regulatory reporting service
Wolters Kluwer’s Finance, Risk & Reporting (FRR) business has released a new SaaS regulatory reporting solution. The company offers a OneSumX service, a regulatory reporting... Read More