Banks prepare for MiFID II with Ethereum smart contracts
With MiFID II set to come into force in just a few days, UBS has initiated a project to use Ethereum smart contracts for compliance.
Coinfirm, QRC and NEO to create a ‘compliant blockchain economy’
Coinfirm, a AML/CTF risk and compliance platform, has partnered with Chinese blockchain giant NEO and blockchain venture platform QRC.
Banker’s Toolbox bolsters compliance offering with new COO
Banker’s Toolbox, which helps organisations manage risk and streamline compliance, has expanded its team with the hire of Max Thoen
Lloyd’s selects REG to reduce administrative burden of coverholder compliance
REG, an online due diligence and regulatory compliance platform, has been selected by insurance giant Lloyd’s to assist in recording data and to help reduce the administrative burden on UK coverholders.
FRISS amasses €15m for insurance fraud, risk and compliance
FRISS, a provider of analytics software for fraud, risk and compliance to P&C insurers, has closed a €15m Series A funding round.
Simility collects $17.5m for fraud and risk prevention
Simility, a provider of fraud and risk prevention solutions provider, has closed a $17.5m Series B financing round.
Banks back cybersecurity startup Menlo Security
Menlo Security, a isolation platform which protects organisations from cyberattacks, has closed a $40m Series C round.
Vista buys data protection provider Datto and combines it with Autotask
Vista Equity Partners has bought Datto, a provider of data protection solutions for businesses, and merged the business with portfolio company Autotask.
Riskonnect expands IRM, GRC offerings with Aruvio purchase
Riskonnect has expanded its Integrated Risk Management (IRM) and GRC platform offerings by purchasing Aruvio.
K1 Investment backs SecureAuth, merges with CoreSecurity
US private equity firm K1 Investment Management has backed SecureAuth, a provider of adaptive access control solutions, with a $200m investment.
