Elevator Ventures and UNIQA Ventures invest in kompany
RegTech scaleup kompany has closed a new venture deal supported by Elevator Ventures, Raiffeisen Bank International´s (RBI) venture capital arm, and UNIQA Ventures, the VC firm.
Dubai launches the region’s first blockchain know your customer data-sharing consortium
The Middle East Africa and South Asia region is getting its first know your customer (KYC) data-sharing consortium in Dubai
The European Commission’s latest move means the UK will face stricter finance regulations after...
Europe’s political top dogs have laid out the EU’s regulations regarding cross-border financial services trade. For Britain, this could mean stricter rules when the country leaves the EU.
DocSend receives $5m investment from DCM
Secure document sharing and tracking platform DocSend has received a $5m investment from DCM, a US and Asia-focused venture firm.
FINRA fines Citigroup $1.25m for background check failures
Financial Industry Regulatory Authority (FINRA) has fined Citigroup Global Markets $1.25m for deficiencies in its background checks.
Why is RegTech investment around the world growing?
Investment in RegTech companies has reached record levels in the first six months of 2019. The question is why that is and if the growth will continue.
Electronic Identification releases case study on benefits of digital onboarding
Electronic Identification has released 22 new use cases exploring how biometrics can improve customer experiences.
BehavioSec launches new tools for new account fraud detection
Behavioural biometrics company BehavioSec has released new tools which improve new account fraud detection.
Financial institutions need to put conduct risk on same priority level as KYC/AML
KYC and AML have received a lot of RegTech focus, but conduct risk needs to receive more attention, according to Dilip Mohapatra, founder at Cognitive View.
Online ID platform Berbix closes seed round on $2.5m
Berbix, an online identity verification platform, has closed a $2.5m seed round to support further partnerships within the market.