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The Woodford scandal reveals the need for RegTech compliance solutions, MirrorWeb argues

Neil Woodford was considered a star fund manager until his career abruptly ended in a flurry of bad market bets and calls for stricter regulations of the financial industry.

Aviatrix closes $40m Series C round led by CRV

Aviatrix, a provider of networking and security services for the cloud space, has raised $40m in its Series C.

GIACT launched new identity monitoring solution gIDENTIFY

Identity verification RegTech GIACT has launched, gIDENTIFY Persistent Monitoring, a new identity monitoring solution that automates the monitoring of specific personally identifiable information.

Regulators must punish traditional and challenger banks harsher to avoid IT failures, MP committee...

British lawmakers have had enough of banks’ IT problems and urge regulators to become stricter in the future, punishing those that fail to live up to expectations.

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.

Jumio Go is a new tool to verify identities in a smooth way

After partnering up with TSB Bank earlier this year, Jumio is now announcing its latest identity-verification tool.

Identity checking startup Zamna raises $5m

Zamna, the blockchain-powered identity-checking startup, has raised $5m in a seed round led by venture capital firms LocalGlobal and Oxford Capital.

Picus Security scores $5m in its Series A

Picus Security, a breach and attack simulation solution, has scored $5m in its Series A round.

RCBC taps LenddoEFL for the RegTech company’s KYC solutions

LenddoEFL, the Singapore-based company using artificial intelligence to help financial institutions onboard clients, has signed a partnership to provide its services to a bank in the Philippines.

One-in-four businesses do not use data security software

One in four businesses do not use data security software to defend against cybersecurity threats, according to a study from Paychex.

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