RegTech

FCA fines Sapien Capital for cum-ex trading financial crime control failings

The Financial Conduct Authority (FCA) has imposed a fine of £178,000 to an international sham trading scheme known as cum-ex.

RegTech firm ComplySci reels in $120m to boost compliance for financial services customers

ComplySci, regulatory technology and compliance solutions provider for the financial services sector, landed a growth capital investment of $120m from private equity firm K1 Investment Management.

Over 100 London-based finance companies have received licenses to operate across the EU after...

ESMA has revealed that a massive number of London-based financial services organizations have obtained licences to operate in other European hubs in preparation of Brexit.

Why Lucinity is on a mission to Make Money Good

As more and more people move online, financial crime is increasing – subsequently increasing the opportunities for cases of money laundering. As industry players continue to search for the silver bullet to tackle financial crime, RegTech firm Lucinity is focused on helping to clean up the financial world.

VP Bank taps AxiomSL for its compliance efforts

Risk and regulatory reporting company AxiomSL has been tapped by Liechtenstein-based VP Bank to use its data integrity and control platform to boost the bank's compliance efforts.

Ascensus acquires Qualified Plans to support its retirement plan offerings

Ascensus, a technology solution developer for banks and asset managers, has acquired Qualified Plans LLC.

Konsentus expands team with UK Faster Payments chairman

Konsentus, a newly founded RegTech company, has expanded its team with the hire of Nick Caplan, chairman of UK Faster Payments.

The role of man and machine in transaction reporting

When it comes to create and submitting complete and accurate reports under a slew of regulations, companies cannot simply rely on man or machine separately – they are both needed.

Hydr unveils invoice finance platform to aid SMEs with cash flow

UK FinTech startup Hydr has launched an invoice finance platform focused on tackling ‘poor payment culture’ among SMEs.

IDnow secures $40m in a growth equity round as it pursues growth ambitions

IDnow, an identity verification-as-a-service solution, has collected $40m in a growth equity investment from private equity firm Corsair Capital.

News Stories

FinTech

FinTech investment sees uptick following two sluggish weeks

There was a climb in investment in the FinTech sector this week, with FinTech Global reporting on a total of $399m being raised across...
compliance

Will 2024 be the year of compliance technology?

As technologically-driven solutions continue to firmly pierce the financial industry and how it runs, the need for firms to maintain compliance amongst a deluge...
ZeroEyes joins Lloyd's Lab for pioneering InsurTech against gun violence

ZeroEyes joins Lloyd’s Lab for pioneering InsurTech against gun violence

In an unprecedented move, ZeroEyes, known for its pioneering AI gun detection technology, has been welcomed into the coveted Lloyd's Lab Accelerator program, marking a significant stride in InsurTech innovation.
Chubb revolutionises flood insurance: Faster quotes with new digital platform

Chubb revolutionises flood insurance: Faster quotes with new digital platform

Chubb Personal Risk Services (PRS), known for its commitment to providing exceptional insurance services, has announced the launch of an innovative self-service Flood Insurance System.
Bishop Street and Topsail Re join forces to revolutionise MGA platform with strategic joint venture

Bishop Street and Topsail Re join forces to revolutionise MGA platform with strategic joint...

Bishop Street Underwriters, a notable entity within the RedBird Capital Partners' portfolio, has formally announced a groundbreaking joint venture with Topsail Reinsurance SPC, Ltd....

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