RegTech firm ComplySci reels in $120m to boost compliance for financial services customers
ComplySci, regulatory technology and compliance solutions provider for the financial services sector, landed a growth capital investment of $120m from private equity firm K1 Investment Management.
How Quantifind helps to improve adverse media screening
Adverse media screening is a grey area. It is not particularly clear if it is a legal requirement, but some banks have been flagged for engaging with illicit people, which a simple adverse media search would have told the bank not to engage that person.
HKMA launches strategy for bolstering Hong Kong FinTech market
The Hong Kong Monetary Authority (HKMA) has unveiled a new strategy for driving FinTech development in Hong Kong.
Cybersecurity awareness startup Cyber Guru bag Series A funding
Cybersecurity awareness platform Cyber Guru has reportedly netted €3.6m in its Series A funding round.
El Salvador becomes first country to make Bitcoin a legal currency
The government of El Salvador has passed a bill that will see Bitcoin join the US dollar as legal tender in the country.
JBS Foods pays multimillion ransom to end global ransomware cyberattack
Food processing company JBS Foods has confirmed it has paid an $11m million ransom payment to end a ransomware cyberattack on its global operations.
Private equity giant Warburg Pincus backs Series E of cybersecurity company Aura
Digital security platform Aura has closed its Series E round on $150m, which was led by private equity giant Warburg Pincus.
EBA finalises EEA bank supervisory reporting cost study
The European Banking Authority (EBA) has completed its study of the cost of compliance of European Economic Area (EEA) banks with the supervisory reporting requirements.
Zeidler Group names its new CFO and product owner
Zeidler Group, a technology-driven law firm, has named former Goldman Sachs managing director Thilo Zeidler as its new CFO and product owner of various data products.
Clausematch, Department for International Trade underline RegTech role in ESG
Regulatory technology firm Clausematch and the UK Department for International Trade (DIT) have compiled an article on the role of environmental, social and governance (ESG) in RegTech.
