FintechDaily – Page 356 – Fresh Dose of Fintech News

UK RegTech Eflow Secures £7 Million for International Growth

UK-based regtech eflow Global has successfully raised £7 million in a Series A funding round led by Finch Capital. Atempo and ScaleUp Group also participated...

N26 Names New Chief Risk Officer to Address AML and Compliance Challenges

N26 has announced the appointment of Carina Kozole, formerly of HypoVereinsbank, as its new chief risk officer, addressing a crucial gap in its leadership team....

FCA Indicates Banks Face Significant Challenges in Adapting to New Consumer Duty Regulations

With the new Consumer Duty set to take effect next week, the Financial Conduct Authority (FCA) has revealed that 7.4 million individuals attempted to contact...

Bank of Ireland Attributes Latest Glitch to “Technical Issue”

Bank of Ireland (BoI) experienced another outage on Friday when its mobile banking app was down for approximately four hours. Starting around noon, customers were...

Wealthtech Prosper Reaches £1 Million in Crowdfunding目标

Prosper, the UK wealthtech venture founded by alumni from Tandem and Nutmeg, has successfully raised £1 million through a crowdfunding campaign on Crowdcube. The company...

Agile ESG Reporting Software: Essential in Navigating the Changing Regulatory Landscape

Mounting regulatory requirements and increasing stakeholder pressure are fueling a significant rise in demand for ESG reporting and data management software, creating a multi-billion dollar...

FS Giants Collaborate on Open Standards Initiative for Unified Cloud Controls

The Fintech Open Source Foundation (Finos) is initiating an open standard project aimed at establishing consistent controls for compliant public cloud deployments within the financial...

eToro Secures Virtual Asset Exchange Registration with the Bank of Spain

The Bank of Spain has approved the registration of eToro as a service provider for the exchange of virtual currency for fiat currency and electronic...

French Privacy Watchdog Probes Legality of Worldcoin’s Data Collection Practices

France's privacy watchdog has raised concerns about the legality of Worldcoin's biometric data collection, as reported by Reuters. Earlier this week, Worldcoin launched a project...

Point72 Ventures Disbands Fintech Team – Forbes

Point72 Ventures has terminated five of their investors, including three from the fintech sector and two from their digital assets team, as reported by two...