First AML nets $21m Series B as it eyes Europe expansion
New Zealand-based RegTech firm First AML has secured $21m from a Series B funding round.
APLYiD nets NZD $7m from Octopus Ventures-led Series A
RegTech firm APLYiD has secured NZD $7m from a Series A funding round to take its customer onboarding software global.
Quantexa updates data analytics platform to help firms tackle growing data volumes
Data and analytics software business Quantexa has unveiled the latest release of its data analytics platform to help companies tackle the rapid proliferation of data.
What every compliance team should know to combat risk assessment challenges
A report by RegTech firm Arctic Intelligence has detailed key actionable insights for how regulated companies can approach the risk assessment process.
ComplyAdvantage extends AML program to US and Canadian FinTechs
Financial crime detection firm ComplyAdvantage has expanded its anti-money laundering (AML) program ComplyLaunch to help FinTech startups in the US and Canada.
Helping banks step up onboarding – Clarifai closes its Series C
Clarifai, which helps firms improve customer experiences and onboarding, has collected $60m in its Series C round, which was led by New Enterprise Associates.
NatWest could face £340m fine following money laundering neglect
NatWest has pleaded guilty to money laundering failings amounting to £365m from UK-based jeweller Fowler Oldfield.
N26 pays €4.5m fine for delays to reporting suspicious activity
Germany digital bank N26 has been issued a €4.5m fine from the Federal Financial Supervisory Authority (BaFin) for its delay in submitting reports around AML.
Does the FinTech industry have a compliance problem?
A recent blogpost by Sigma Ratings has detailed how the FinTech industry is facing heightened scrutiny from regulators as issues around compliance comes to the forefront.
MAS to launch digital platform to help FIs fight money laundering
The Monetary Authority of Singapore (MAS) is set to introduce a digital platform that will enable financial institutions to share with one another tips to prevent financial crime.
