Five new financial institutions join Tech Nation’s Fintech pledge
Atom bank, Co-operative Bank, Nationwide Building Society, TSB and Virgin Money have joined Tech Nation's Fintech Pledge to accelerate the development of the UK's FinTech industry.
FCA fines LJ Financial Planning £107,200
The UK City watchdog has fined independent financial advice firm LJ Financial Planning (LJFP) for providing its customers with unsuitable pension switching and transfer advice and failing to manage its conflicts of interest.
RegTech100 company Sigma Ratings launches new Risk API
RegTech100 company Sigma Ratings has released a new Risk API tool which offers improved and quicker workflows.
Theta Lake bolsters leadership team as the RegTech is set on scaling the business
Collaboration security and compliance technology company Theta Lake has added an award-winning cybersecurity executive to its board of directors and two security industry leaders to its roster of advisors.
Firms paid $10.4bn in fines over the last year for breaking money laundering, privacy...
The total volume of fines levied against firms for breaking money laundering, data privacy, MiFID and know your customer rules jumped by 141% and amounted to $10.4bn in total so far this year.
Neuro-ID secures $7m Series A funding round
Behaviour-as-a-Service company Neuro-ID has bagged $7m in a Series A funding round led by Fin VC and TTV Capital.
Salt Security scores $30m in its Series B funding round led by Sequoia Capital
API security company Salt Security has scored $30m in its Series B round, which was led by Sequoia Capital, marking its second funding round of the year.
SteelEye signs partnership with txtsmarter to boost their clients’ compliance
RegTech firm SteelEye has inked a deal with txtsmarter, the compliance platform, that will see the two join forces to better protect companies from falling foul of regulatory commitments.
Orca Security nets $55m in its Series B round
Israel-based Orca Security has netted $55m in its Series B round, which was led by ICONIQ Growth.
LEVERIS inks partnership with financial crime-fighting RegTech ComplyAdvantage
Digital banking and lending platform company LEVERIS has signed a partnership with ComplyAdvantage, the financial crime detection company.
