Category: RegTech (Regulatory Technology)

Mastercard has launched a program to simplify the adoption of virtual cards among banks, platforms, and corporations, enhancing the integration of Virtual Card Number (VCN)…

In 2024, the UK FinTech industry experienced a significant decline, with funding dropping to $7 billion—a 54% decrease from $15.3 billion in 2023—and deal activity…

Taxbit has upgraded its platform to comply with the EU’s DAC8 directive and the OECD’s Crypto-Asset Reporting Framework (CARF), enhancing tax reporting for Reporting Crypto-Asset…

Allianz Partners UK has been reaffirmed as the exclusive roadside assistance provider for Volvo Car UK for the next three years, enhancing customer support for…

The upcoming $18.3 trillion global wealth transfer is set to significantly transform the wealth management industry, as highlighted in Fincite’s WealthTech Radar 2025 report. Key…

The Prudential Regulation Authority (PRA) plans to raise the Financial Services Compensation Scheme (FSCS) deposit protection limit from £85,000 to £110,000, the first increase since…

Flagright, an AI-driven AML compliance platform, has raised $4.3 million in seed funding, led by Frontline Ventures. The funds will enhance Flagright’s innovative solutions and…

Persefoni, a leader in sustainability management software, has raised $23 million in its Series C funding round, emphasizing its commitment to AI-driven carbon management tools.…

Women in the UK are set to manage 60% of the nation’s wealth by the end of this year, driven by inheritance and entrepreneurship. Despite…

Quantum computing is poised to transform the financial and RegTech sectors by significantly enhancing financial crime detection capabilities. It allows institutions to process risk models…