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Revolut rolls out Open Banking tool
announcement banking platform business development Capital market data protection digital approach digital bank Digital transformation Emerging Technology financial services

Revolut rolls out Open Banking tool

Revolut has launched an Open Banking feature, giving UK customers the ability to see their bank accounts from other providers from within the challenger’s app. Revolut teamed up with financial API specialist TrueLayer to enable all of its retail and business customers to see balances and transactions from other high […]

InfoComply Launches Compliance and Data Privacy software Platform2.0 to Address New Regulations Worldwide
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InfoComply Launches Compliance and Data Privacy software Platform2.0 to Address New Regulations Worldwide

Consumer data privacy and corporate compliance management firm InfoComply announced today a new version of the company’s software platform, providing upgraded tools for companies seeking compliance with international security and privacy regulations, including the General Data Protection Regulation (GDPR), California Consumer Privacy Act (CCPA), and Brazil’s New General Data Protection […]

Municipality of Zermatt Now Accepts Payments in Bitcoin
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Municipality of Zermatt Now Accepts Payments in Bitcoin

The municipality of Zermatt, in cooperation with Bitcoin Suisse, announced that it will accept Bitcoin as a means of payment for local taxes and official transactions with immediate effect. A point-of-sale solution provided by Bitcoin Suisse has been installed in the Zermatt town hall, so that fees for services from […]

Red Deer teams up with Cappitech to improve MiFID II compliance
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Red Deer teams up with Cappitech to improve MiFID II compliance

Research platform Red Deer has teamed up with Cappitech, a regulatory reporting and intelligence solution for financial services has formed a partnership to improve MiFID II and MAR compliance. As part of the deal, the company will offer the other’s services to its respective clients, providing an integrated solution which […]

PayPal highlights Venmo profit strategy
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PayPal highlights Venmo profit strategy

PayPal reports that peer-to-peer payments tool Venmo is on a path to profitability. In a fourth-quarter earnings report Wednesday, PayPal CEO Dan Shulman told investors the company is pushing ahead on its Venmo monetization strategy. Key enablers include Pay with Venmo, which allows consumers to use the tool to pay […]

Taxman unearths £200m in joint operation
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Taxman unearths £200m in joint operation

M Revenue & Customs has helped uncover £200m worth of suspected tax evasion and money laundering in the UK. The action — which occurred as part of a series of investigations in Australia, Canada, the Netherlands, the US and the UK — is centred around a Central American financial institution […]

Mitratech acquires ClusterSeven so it can offer an end-to-end data privacy solution
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Mitratech acquires ClusterSeven so it can offer an end-to-end data privacy solution

Legal and compliance software builder has acquired ClusterSeven so it can offer an end-to-end solution suite for easing data privacy and information governance efforts. Mitratech offers a compliance suite which enables GRC professionals to meet obligations of regulations including SOX, MiFID II, GDPR, Volker and more. To ease compliance burdens, […]

Sweden aims to become a FinTech superpower
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Sweden aims to become a FinTech superpower

The Nordics in general and Sweden, in particular, are experiencing a FinTech boom. However, new regulations and investment worries could slow down growth. Sweden’s future is digital. Swedish entrepreneurship is about more than IKEA, H&M and Volvo. In the last three decades, the nation has remade itself into an innovative […]

Temenos and Google Cloud Announce Global Strategic Partnership to Accelerate Banks’ Digital Transformation in the Cloud
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Temenos and Google Cloud Announce Global Strategic Partnership to Accelerate Banks’ Digital Transformation in the Cloud

Temenos showcases leadership in the cloud delivering its software across hybrid and multi-cloud environments; will be the first global banking software provider to run on Google Cloud Anthos Temenos and Google Cloud will jointly go-to-market with leading-edge financial services offerings in the cloud to drive scalability, operational efficiency, time-to-market, and […]

Big Tech will push deeper into finance this year
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Big Tech will push deeper into finance this year

Technology giants from Google to Apple are looking to take on the financial services industry. Last year, Apple debuted its credit card; in 2020, Google is set to launch consumer bank accounts. But Big Tech companies share one thing in common: they don’t want to be regulated like banks. Big […]