ICYMI funding round-up: Sarwa, Salad, Grip, Keebo & more
Another collection of funding rounds and raises from all over the world you might have missed this week.
Compliance
Plaid agrees $58m settlement over data privacy class action
The plaintiffs alleged Plaid stored and used bank account information without consent.
FinTech Futures Jobs: Three great roles to apply for this week
Exciting vacancies at CSC, Broadridge and Oracle. Apply today!
Perpetual KYC and the move away from periodic reviews
Continuously monitoring customer information using AI could have advantages for banks and fintechs.
LogicGate secures $113m in Series C funding round
New investment takes the company’s total raised to around $156 million.
How AI can help identify front and shell companies
Detection using AI can help banks and fintechs avoid huge regulatory fines.
UBS pays $8m to settle SEC compliance charges
US regulator found failings in the bank’s handling of exchange-traded products.
ID verification firm Trulioo announces four new payments partnerships
The company has partnered PayDo, Pollen Technologies, Sokin and XanderPay.
FINRA orders Robinhood to pay $70m penalty for “false and misleading information”
The sanction is the largest financial penalty issued by the regulator.
Stripe launches AI-based identity verification tool
Stripe Identity aims to help online businesses prevent fraud when accepting payments.
Video: BCT Digital on how big data is changing risk and credit decisioning
FinTech Futures caught up with Jaya Vaidhyanathan, CEO of BCT Digital.
Federal appeal overturns New York block on US Fintech Charter
The three-judge panel said NYDFS failed to show it had suffered “actual or imminent injury”.
Trading floor: overcoming the dangers of personal mobile devices
There is now an immediate requirement for proper enforcement tools and the first line of defence.
FinovateFall Supplement: be part of one of the biggest fintech events of the year
The perfect platform for your organisation to deliver a strong message to engaged fintech professionals.
Monroe Capital selects Allvue Systems’ credit solutions suite
The Chicago-based asset manager is seeking to improve tracking of investment exposures and lines of credit.
Catch up in the cloud – regulatory reaction to COVID-19
What are the regulators doing to keep track with the acceleration of digital in banking?
ComplyAdvantage extends funding round with Goldman Sachs investment
The funding is an extension of its Series C funding round from July 2020.
Webinar summary: getting to market faster by outsourcing PCI compliance
How to get to market faster and decrease the direct and hidden costs associated with PCI compliance.
What the Fintech? | S.2 Episode 10 | Too cool for school
Riten Gohil, partner and co-founder at Sphonic, joins us on this latest episode of the What the Fintech? podcast.
Video: pick of the week – European regulator in tech selection; new challenger bank in the US
A top pick of stories from the world of finance and tech in bitesize video format, twice a week.
Why fintech companies of any size should outsource PCI
Lift the burden of data compliance and security by outsourcing compliance to PCI-focused vendors.
New rules of the game in the AML field?
What is of great importance to meet the challenges of pandemic times is that AI can find anomalies.
Blockchain compliance firm Securrency raises $30m in Series B round
The new injection will help Securrency’s expansion in the UAE and the US.
Deel hits unicorn status with $156m Series C funding round
The global payroll solution is now valued at $1.25 billion.
Revolut withholds $90,000 from investment manager with “no real response” for months
An investment manager’s battle to receive his $90,000.
Identity fintech Prove acquires research firm Medici Global
“This acquisition allows us to offer expert advisory coverage”.
Webinar: Getting to market faster by outsourcing PCI compliance
Cost benefits, getting more value from data, protecting card data, and managing other sensitive data.
US Department of Justice sets antitrust sights on Visa
Visa’s hold on the debit market in the US under investigation.
Time to apply 2020 tax lessons
You should have a candid tax planning discussion with your advisors early
Banking Technology March 2021 issue out now
Creating communities: celebrating women in fintech this Women’s History Month
KYC: a revolution towards positive change
I realise I had to work twice as hard to break through some of the glass barriers, perceptions and biases.
Regtech: watching personal mobile devices in financial services, but why?
The best policy is one which works. Soft policies, by their very nature, do not work as intended.
The operational imperative for intraday liquidity management
Intraday liquidity management is not a regulatory tick-box but a vital part of banks’ business as usual operations.
Banking Technology February 2021 issue out now
The roaring 20s.
Webinar: How to stop massive mobile banking fraud with app security and risk-based authentication
Approaches to eliminate the impact of fraud threats and strategies to protect mobile device users.
Video: Remote onboarding – how banks are evolving and changing the game
Featuring Jumio’s Dean Nicolls, Fintrail’s Robert Evans, and banking consultant Neil O’Brien.
What’s in store for financial services in 2021?
A look at what the rest of this year might have in store for the world of financial services and fintech.
Why the financial industry needs Redis Enterprise
Use cases in risk modelling, apps for banking and brokerage, and solutions for buy-side institutions.
Three new security strategies for financial services
Continuous compliance remains a challenge because many organisations lack contextual data.
2021 predictions: don’t overlook the phone call
Due to the explosion in illegal robocalls, many consumers have simply stopped answering the phone.
