In August 2023, the Financial Conduct Authority (FCA) Consumer Duty rules comes into effect. That may sound like a long way away, but it will come fast and not having the right processes in place when the deadline hits could land Financial Institutions (FIs) with a hefty fine. 

Dreamdata has successfully secured €6M in a Series A round led by signals Venture Capital with participation from existing investors InReach Ventures, Crowberry Capital, Seedcamp, Futuristic.vc, and Preseed Ventures. 

Currencycloud, the experts simplifying business in a multi-currency world, has partnered with leading South Korea-based global remittance and payment provider SentBe to improve the regional reach of its payments service and offer its Korean consumers and businesses a more streamlined, customized experience when sending money internationally.

NatWest Group has today announced the appointment of Mark Brant as Chief Payments Officer (CPO). Mark will join on 16 January 2023.

Mark has over 25 years of experience working across the Payments industry, both within the UK and abroad. In addition to spending time in senior leadership and executive positions at American Express and PayPal, Mark has most recently been CEO of ParentPay Group, responsible for the overarching strategy to evolve existing software and create new services to maintain growth.

Muinmos is one of just three RegTech firms worldwide to have been selected for the prestigious RegTech 100 list for the sixth consecutive year.

Cohesity today announced the appointment of James Blake as Field Chief Information Security Officer (CISO) for Cohesity in Europe, the Middle East and Africa (EMEA). Blake will play a key role in consulting on how organisations can bring the worlds of data security and management together and build an optimal cyber resilience and recovery strategy orchestrated by a single data management platform. 

Does your mother still ask you to queue up to pay the electricity or water bills? Do you still take a detour on your way to the office to drop off the cheque for your credit card bills? If you still are struggling to find a way to the payment centers of utility service providers, here’s something you ought to know!

The Payments Association, which celebrates innovation and collaboration across the payments industry, is pleased to announce

Global identity verification provider ID-Pal has been named in the RegTech100 for 2023, a list of the world’s 100 most innovative regulatory technology companies.

The RegTech100 is updated annually to recognise the next generation of providers shaping the future of regulatory technology. It aims to support decision-makers and compliance professionals in evaluating which solutions are the best fit for their business.

Zodia Custody, a leading crypto asset service provider backed by Standard Chartered and Northern Trust, has developed and launched a new service: Interchange. The service offers an alternative to the pre-funding and margin models on exchanges. Using Interchange, clients can keep their assets with Zodia Custody, while mirroring holdings on exchanges. This protects clients’ digital assets from exchange insolvency.