Establishing protocols in FinTech from the get-go
FinTech has been labelled a modern day gold rush fuelled by ambitious entrepreneurs and innovative technologies and consumer demand. Read more: www.theaustralian.com.au
Regulatory technology is a new remedy for emerging regulations
2016 has been a year of turbulence in the financial sector, with costly regulations impacting financial institutions (FIs) across the world. Read more: www.particlenews.com
PayPal receives subpoenas over anti-money-laundering compliance
PayPal said Wednesday it had received subpoenas from the US Justice Department over its anti-money-laundering compliance program. Read more: www.wsj.com
5 startups rebooting regulation
FinTech has another cousin. The rise of InsurTech is running parallel to the rise of RegTech. Read more: bankinnovation.net
RegTech thrives on change like Trump, Brexit and China
RegTech companies will continue to serve the market of integrating systems while offering these services in a dynamic way as regulations change. Read more: www.bankinnovation.com
Strong interest in P2P platforms in Malaysia
A significant number of parties are scurrying to submit their applications to run peer-to-peer (P2P) lending platforms in Malaysia. Read more: www.thestar.com.my
Invoice fraud a problem for FinServ
Invoice fraud isn't just a problem for governments - financial services should combat it, too. Read more: www.pymnts.com
EverCompliant reels in $9.5m to tackle transaction laundering
Transaction laundering detection and prevention company EverCompliant has raised $9.5m in a Series A round. Abor Ventures led the funding with existing backers. Read more: www.fintechroundup.com
Onfido grabs fresh funding from Salesforce Ventures
London-based identity and background checking startup Onfido has raised a new round of venture funding.
Bitcoin gets legal protection in China
The Chinese authorities issued a notice on the risk prevention of Bitcoin in 2013. Read more: e27.co