Tag: Compliance
ICYMI fintech funding round-up: Fizz, Torpago, Sibill, WealthOS and more
FinTech Futures Weekly ICYMI Funding Round-Up:re:Funding: $14.6 million Series A
Investors: Entrée Capital, Project A, Felix Capital
Use of Funds: Expand alternative...
PSR names David Geale as new interim managing director after Chris Hemsley steps down
PSR Leadership Transition:Outgoing Managing Director:Chris Hemsley to step down on 7 June after five years as managing director.
Hemsley will join Fingleton,...
ICYMI fintech funding round-up: Landytech, Frich Money, Swiipr and more
CBi Group Funding:Secured $15 million in Series A funding led by Alpol Capital Family Office.
Funds to enhance R&D, focusing on AI...
N26 fined €9.2m by BaFin over late submission of suspected money laundering reports in 2022
N26 Fined and Regulatory Updates:
Fine Imposed:Amount: €9.2 million
Reason: Systematic late submission of suspected money laundering reports in 2022
Regulator: Federal Financial Supervisory...
CFPB says BNPL firms must comply with credit card consumer protection rules for billing disputes and refunds
Ruling Overview:Agency: US Consumer Financial Protection Bureau (CFPB).
Decision: Designates buy now, pay later (BNPL) firms as credit card providers.
Reasoning: BNPL...
LGT in Liechtenstein taps Finastra for instant payments
Partnership Announcement:Entities Involved: LGT (private banking and asset management group) and Finastra (provider of financial technology solutions).
Objective: Launch instant payment services....