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Why FinTecSystems is betting on open banking in the financial crime fight

Founded in 2014, FinTecSystems is specialised in open banking infrastructure and data analysis to help companies make data-driven and automate decisions. At a time when companies are scrambling to protect their assets from criminal actors, could FTS’ open banking infrastructure be a flood barrier against the rising wave of financial crime?

Cyber training platform CAPSLOCK secures funding

CAPSLOCK, a bootcamp for cybersecurity training, has collected £1m in pre-seed funding.
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Clausematch launches document modification functionality

RegTech company Clausematch has launched a strategic document modification functionality, to boost the efficiency of global compliance teams.

The EBA hopes to bring transparency to crowdfunding

The European Banking Authority (EBA) finalises new standards draft, that would require crowdfunding campaigns to become more transparent.

FCA signs 3-year deal for new search and discovery solution

The UK’s Financial Conduct Authority (FCA) has picked Aiimi Insight Engine to provide its new enterprise search and discovery solution.

40% of banks in panic mode as unprepared for effective data usage

Four in ten banks and financial services lack necessary infrastructure for a strong data foundation and 37% of firms are still reliant on manual data processes, global data and analytics software company Quantexa revealed.

Robinhood data leak leaves seven million customers exposed

Retail investing app Robinhood has been the victim of a data security incident which has exposed information of around seven million people.

Hong Kong Stock Exchange publishes updated ESG, corporate governance guidance

The Stock Exchange of Hong Kong (HKEX) has published guidance on climate disclosures as well as an analysis of corporate governance and ESG practice disclosure across 2020-2021.

Laika bags $35m from J.P Morgan-led Series B

Compliance-as-a-service platform Laika has raised $35m from a Series B funding round to expand its automation footprint.

EU and China publish sustainable finance common taxonomy

The European Commission and China have completed the initial phase of a project to create a common taxonomy for sustainable finance.

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