Tuesday, March 19, 2019

NatWest prepares biometric card pilot

NatWest is piloting biometric fingerprint technology-enabled cards with 200 customers, due to begin in the coming weeks, in partnership with Gemalto. Read more: www.bankingtech.com

Gresham and RegTek.Solutions form alliance

Gresham Technologies plc, the leading software and services company that specialises in providing real-time data integrity and control solutions, announces a new strategic relationship with RegTek.Solutions, a leader in global regulatory reporting solutions. Read more: www.finextra.com

World Bank signs for SimCorp Dimension

SimCorp, a leading provider of investment management solutions and services to the global financial services industry, announces that it has signed a license agreement with The World Bank for use of SimCorp’s investment management system, SimCorp Dimension. Read more: www.finextra.com

Heliocor Raises $2.5m in Tokenised Preference Shares

City of London based regulatory technology company Heliocor announces that it has raised $2.5m in scale up funding from High Net Worth investors using a brand new and potentially disruptive investment process. Read more: finextra.com

ID verification firm Socure so cool with $30m funding

Socure is the latest identity verification and fraud prevention innovator to attract the interest of – and big investment from – fintech’s venture capital community, reports David Penn at Finovate.  Read more: bankingtech.com

FTC Fines TikTok $5.7M Over Alleged Child Data Collection

TikTok has been fined a record $5.7 million by the Federal Trade Commission (FTC) over the illegal collection of data from children, the FTC said on Wednesday (Feb. 27). Read more: pymnts.com

Microsoft’s M12 Leads SpyCloud’s $21m Funding Round

Account takeover (ATO) prevention specialist SpyCloud has raised $21 million in funding in a round led by Microsoft’s venture fund, M12.  Read more: bankingtech.com

Al Rajhi Bank turns to Temenos for digital revamp

Al Rajhi Bank in Saudi Arabia has chosen Temenos for a digital overhaul and to improve its Islamic lending and financing products. Read more: www.bankingtech.com

More than $9.5bn has been invested in RegTech companies globally over...

Annual RegTech investment grew 2.5x in 2018 Read more: fintech.global

MUFG Bank enters consent order with US OCC to improve AML

MUFG Bank has entered a consent order with the US Office of the Comptroller of the Currency (OCC) to improve its AML compliance. Read more: member.regtechanalyst.com