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Latest Results from /regulation

/regulation

Hawk raises $56m for AI-powered fraud prevention

AI-powered anti-money laundering, screening and fraud prevention outfit Hawk has raised $56 million in a Series C funding round led by One Peak.

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Luxembourg banks pick LuxHub as VoP provider

Open banking startup LuxHub has signed up six major banks in Luxembourg to its Verification of Payee (VoP) and Routing and Verification Mechanism (RVM) technology.

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Compliance challenges and technology gaps amid US regulatory uncertainty, Finextra survey reveals

The latest survey report by Finextra, which included responses from 200 financial services professionals across the US, highlights both optimism and uncertainty surrounding the sector’s regulatory readiness. Conducted between January 16–29, 2025, the survey captured insights from C-level executives to senior managers working in banks, credit unions, payment service providers, technology providers, and fintech firms with revenues ranging from under $10 billion to over $250 billion. These findings come at a pivotal time following the election of Donald Trump and the delay in new regulatory rulemaking, creating a climate of heightened uncertainty for the US financial sector.

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Meet the minds shaping the future of payments at NextGen Nordics

The rapidly evolving world of payments is being shaped by some of the brightest minds across industries, and this year’s NextGen Nordics event on 29 April 2025 at the Münchenbryggeriet in Stockholm, Sweden is set to be a pivotal moment in exploring how the sector is advancing. Attendees will have the rare opportunity to engage with leading figures driving innovation, digital transformation, and the future of financial services in the Nordic region.

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PSR accused of "failure of vision" over light-touch remedies on card scheme fees

The Payment Systems Regulator has set out a series of remedial measures to address the scheme and processing fees imposed on merchant by Visa and Mastercard.

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Trade bodies write to No 10 calling for UK blockchain and crypto push

A collection of UK and global trade bodies has written to the prime minister's office calling on the government to capture what they claim will be the economic and societal benefits of a new wave of digital asset and blockchain technology.

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Top 5 challenges facing Nordic banks in 2025 - and how NextGen Nordics can help

The Nordic banking sector, known for its advanced digital landscape and commitment to financial innovation, is experiencing a wave of new challenges in 2025. These challenges are largely driven by rapid technological advancements, stringent regulations, and the evolving demands of consumers.

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Regulators haul ASX over the coals following batch settlement breakdown

The Reserve Bank of Australia (RBA) and the Australian Securities and Investments Commission (Asic) have expressed grave concerns about the management of operational risk at the country's leading stock exchange following a batch settlement failure in December last year.

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FDIC says banks don't need prior approval for crypto activities

US banks no longer need to receive prior approval before engaging in crypto-related activities, says the Federal Deposit Insurance Corporation.

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Galaxy Digital reaches $200m settlement over Luna token

Galaxy Digital has reached a $200 million settlement with the New York Attorney General (NYAG) over claims the crypto investing company promoted the now collapsed Luna digital asset without disclosing its interest in the token.

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CFPB set to ditch BNPL rule

The Consumer Financial Protection Bureau is set to perform another U-turn, dropping an interpretive rule declaring that pay-in-four BNPL lenders should be treated in the same way as credit cards.

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AI compliance platform Flagright raises $4.3 million

AI-native AML compliance platform Flagright has raised a $4.3 million Seed round to fund international expansion.