Compliance

Taxfyle, an on-demand licensed accounting platform, has raised $4.1m in an oversubscribed Series A funding round.

Singapore-based Betterdata, which leverages programmatic synthetic data to help preserve privacy, has reportedly secured $1.55m in seed funding.

The European Securities and Markets Authority (ESMA) has issued a new report on the impact of the pandemic, saying that the environment "remains fragile."

London-based ALT/AVE has received a £535,000 capital injection, which was comprised of a grand and pre-seed funding.

Scality, a company looking to make data easy to protect, search and manage anytime, has closed an additional $60m round of funding.

As dangers associated with climate change continue to become more inescapable in the lives of companies and individuals alike, the importance and need for ESG – Environmental, Social and Governance – in the financial sector is growing stronger. Is it time for globally mandated ESG reporting in the financial sector?

Founded in 2015, Know Your Customer provides digital onboarding solutions to financial institutions and regulated organisations globally. The company builds its KYC platform as an interconnected set of web apps, APIs, databases and pre-trained machine learning models – and is helping to change the game in digital corporate onboarding.

Financial institutions play a pivotal role in preventing money laundering. Over the past 18 months, government bodies have frequently highlighted shell companies as significant red flags in anti-money laundering (AML) activities. Consequently, one must ask, is your institution actively identifying shell companies in its transactions? More importantly, can it detect shell companies with tangible sanctions and watchlist links?

The forthcoming Markets in Crypto-Assets Regulation (MiCA) aims to standardise the regulatory landscape for crypto-assets within the European Union (EU). This is particularly significant...

Collaboration security and compliance technology company Theta Lake has added an award-winning cybersecurity executive to its board of directors and two security industry leaders to its roster of advisors.