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.
Icertis raises $115m in Series E, valuing the company over $1bn
Icertis, a contract management platform, has raised $115m in its Series E round which has valued the company at over one billion dollars.
DUST Identity closes $10m Series A led by Kleiner Perkins
DUST Identity, a security tag and identity for things, has collected $10m in its Series A round led by Kleiner Perkins.
BigID raises up to $50m in new funding
Data protection company BigID has raised up to $50m in a new funding round.
FactSet launches new cloud-based KYC solution
FactSet, a provider of software and data solutions to investment firms, has released a new cloud-based KYC solution.
