RegTech

Ascent adds seven new regulators to its platform

Compliance automation platform Ascent RegTech has launched seven new regulators into its platform.

What will the new face of the office be after Covid-19?

When the coronavirus pandemic spread like wildfire in the early months of 2020, many companies and individuals alike had no idea what was to come – and how their work lives would change. With widespread vaccines, many companies are beginning to open up again, but what will be the ‘new normal’ for the financial sector in terms of working arrangements?

PlainID secures $75m from Insight Partners-led Series C

Cybersecurity firm PlainID has raised $75m from a Series C funding haul headed by US VC and private equity company Insight Partners.

BaaS platform Omnio bags €30m as it vies for European expansion

UK banking-as-a-service (BaaS) company Omnio has raised €30m in funding in a round led by GrayBella Capital.

What is the value of outsourcing regulatory reporting?

When it comes to key areas of the business, the regulatory reporting side may be one of if not the most key for long term operational sustainability.
IDEX Biometrics and KONA I join forces to roll out global biometric cards

IDEX Biometrics and KONA I join forces to roll out global biometric cards

IDEX Biometrics has announced a strategic partnership with KONA I, a leading smart card and technology platform firm based in South Korea.

Face-scanning company Clearview AI sued for scraping public pictures from social media platforms

Lawyers have filed a class-action lawsuit against Clearview AI for scraping public pictures to create its facial recognition software.

Neobank indó taps Enfuce to ensure it can launch Iceland’s first new bank in...

Icelandic challenger bank indó has inked a partnership with open banking and payments startup Enfuce, ensuring it can rely on the Finnish venture's compliance...

Is the criticism against the EU for removing the Cayman Islands from its list...

The European Council has removed the Cayman Islands from its list of non-cooperative jurisdictions for tax purposes. However, not everyone is happy about the decision.
Railsr bolsters fraud prevention through Featurespace

Railsr bolsters fraud prevention through Featurespace

Embedded finance platform Railsr will bolster its financial crime and fraud prevention efforts through a partnership with Featurespace.

News Stories

How the world's top banks and insurers are adopting GenAI tools

How the world’s top banks and insurers are adopting GenAI tools

In recent years, the integration of generative artificial intelligence (GenAI) tools within the financial sector has seen remarkable growth. A study conducted by ORX, a leading operational risk association, reveals that 75% of the world’s major banks and insurers are now utilizing external GenAI applications in their operations.
UK-based PeppercornAI bags £3.25m for AI-driven insurance solutions

UK-based PeppercornAI bags £3.25m for AI-driven insurance solutions

PeppercornAI, an InsurTech specialising in conversational artificial intelligence, has successfully raised £3.25m.
Encompass Corporation welcomes Stuart Barnard as new CFO

Encompass Corporation welcomes Stuart Barnard as new CFO

Encompass Corporation, a pioneer in Corporate Digital Identity (CDI), has recently announced the appointment of Stuart Barnard as its first Chief Financial Officer (CFO).
Unlocking the power of KYC Portal CLM in modern due diligence

Unlocking the power of KYC Portal CLM in modern due diligence

In the complex world of finance, due diligence is essential for protecting a company’s reputation and financial well-being. As customer demands for convenience increase and regulatory scrutiny intensifies, finding a balance is more important than ever. The solution lies in an innovative tool—KYC Portal Customer Lifecycle Management (CLM). The RegTech company recently compiled a guide on its role in enhancing due diligence processes.
Apax Digital Funds backs IANS Research with new investment to boost InfoSec services

Apax Digital Funds backs IANS Research with new investment to boost InfoSec services

IANS Research, a leading provider of independent research and advisory services for the information security industry, has just secured a significant investment from Apax Digital Fund II. 

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