Risk management startup Owlin receives $3.5m in its funding round
Netherlands-based risk management company Owlin has received $3.5m in its first funding round.
How closer scrutiny of risk data aggregation practices is increasing regulatory pressures on banks
The increasing scrutiny that regulators are placing on BCBS 239 compliance is causing challenges for financial institutions, but with more pressing and threatening regulations, it may play second fiddle for attention, according to Randeep Singh Buttar, Head of Data Change and Strategy (Global Risk and Finance) at HSBC.
Legacy systems highlight the need to integrate new tech through open banking
Legacy system issues highlight the real need of integrating new services and tech solutions, according to Legal & General’s head of distribution strategy, personal investing Janine Menasakanian.
Consumer rights groups oppose CFPB’s sandbox plans
Consumer rights groups in the US have opposed a proposal by the Consumer Financial Protection Bureau to create a regulatory sandbox.
Westpac launches RegTech challenge
Australian bank Westpac has launched a RegTech-themed challenge for startups.
EBA examines the impact of the Basel reforms on EU banks capital
The European Banking Authority (EBA) has published two reports, which measure the impact of implementing Basel III reforms and monitor the current implementation of liquidity measures.
Boldstart Ventures collects $40m for Fund IV
Boldstart Ventures, a New York-based firm investing in enterprise software, has raised $40.65m for its fourth fund.
FINRA releases report on regulatory technology
Financial Industry Regulatory Authority (FINRA) has highlighted five key areas here industry participants have most prominently leveraged RegTech innovations.
RegTech100 companies go on to raise $234.6m
A quarter of last year's RegTech100 companies have gone on to raise a total of nearly a quarter of a billion dollars since 1 November 2017.
Arizona launches first FinTech sandbox in the US
The Arizona Attorney General’s Office has launched the first FinTech sandbox in the United States.
Authorities across the EU and Asia have been increasingly serious...
