We must make sure AI doesn’t exacerbate wealth inequality

It's taken as a given that robots will steal jobs. Read more: www.cityam.com

Shieldpay expands to US

Shieldpay has increased its global footprint by launching in the US by partnering with the car classified site, AutoClassics.com. Read more: www.finextra.com

IBM profiles the huge hidden costs of data breaches

IBM Security today announced the results of a global study examining the full financial impact of a data breach on a company's bottom line. Read more: finextra.com

Cyber attacks bought ‘as easily as online shopping’

Online platforms are being used to buy and sell the tools to commit crime. Read more: www.ft.com

The RegTech sector shows no signs of cooling, with $2.5bn already...

RegTech companies have raised almost 2.5 times as much capital this year than they did in 2017. Read more: fintech.global

Standard Chartered partners with RegTech to fight financial crime

Standard Chartered has bolstered its fight against financial crime by partnering with RegTech firm Silent Eight. Read More: regtechanalyst.com

MYbank shares risk management & AI data with FIs in China

Alibaba-backed MYbank, a Chinese online bank backed by Alibaba, is set to share its risk management & AI data with financial institutions In China. Read More: regtechanalyst.com

Banks need to outsource to reach compliance, according to RegTech panel

Banks must continue outsourcing to keep up with technology and regulation, according to a panel at the Global RegTech Summit 2018. Read More: regtechanalyst.com

International coalition to investigate cryptocurrency tax crime

The UK, Australia, Canada, the Netherlands and the US have teamed up in a joint venture to tackle international tax crime and money laundering. Read More: regtechanalyst.com

Square withdraws application for banking license with the FDIC

San Francisco-based payments processor Square has reportedly withdrawn its regulatory application to open a deposit-taking bank. Read More: regtechanalyst.com