RegTechs can’t go it alone, there’s no individual solution for compliance
No individual RegTech has the complete answer to achieving compliance, there needs to be an ecosystem which brings different providers together, according to EY partner Mike Zehetmayr.
Wales-based W2 Global Data bags £1.25m in funding
RegTech 100 company W2 Global Data, an identity verification provider, has raised £1.25m in a funding round.
Hong Kong Monetary Authority launches Open API Framework
Hong Kong Monetary Authority (HKMA) has launched its Open API Framework for the banking sector and plans to launch its own Open API later in the month.
Japan’s Financial Services Agency reforms to support an evolving financial market
Japanese regulator Financial Services Agency has had an organisational reform to improve its ability to keep regulations up with innovation.
Netskope acquires fellow cloud infrastructure company Sift Security
Netskope has acquired fellow cloud infrastructure security company Sift Security for an undisclosed amount.
Theta Lake forms two new partnerships to support its video compliance platform
Theta Lake, a compliance solution for video, audio and other digital communications, has formed two new partnerships and product integrations.
TrueLayer raises $7.5m, sets sights on Germany, France for expansion
TrueLayer, an API developer for financial institutions, has raised $7.5m to expand across Europe.
Greycroft Partners closes latest vehicle on $250m
Venture capital house Greycroft Partners has brought its capital under management to $1.3bn through the final close of its fifth flagship fund.
Risk management company Venminder closes $5m Series B
Third-party risk management company Venminder has closed its Series B round on $5m.
Blackfin Capital holds €180m final close for debut tech fund, surpassing initial €150m target
Blackfin Capital, a France-based private equity firm, has held the €180m final close for its debut FinTech fund, surpassing its initial €150m target.
