SIX FinTech Ventures picks up stake in PXL Vision AG during pre-seed round
SIX FinTech Ventures has acquired a stake in digital identity verification and customer onboarding company PXL Vision AG, in undisclosed funding round.
Signicat acquires fellow identification company Idfy
Signicat, a verified digital identity solution builder, has acquired secure identification and electronic signature company Idfy.
Metro Bank to improve KYC through 3-year deal with Artesian
Metro Bank has signed a three-year deal with client intelligence tool builder Artesian Solutions to improve its compliance and KYC management.
Four Singapore-based RegTechs to watch
The regulatory technology sector has been growing at a feverish rate. Last year, a total of $4.4bn was invested to starups in the space around the world – 2.5-times the amount raised in 2017, data from RegTech Analyst shows.
Banking, fintech data platform MX seals $100m Series B investment round
Banking and FinTech data platform MX has more than doubled its outside funding thanks to a $100m Series B investment round led by Battery Ventures.
Ocrolus nets $24m Series B to help expand into new verticals
Ocrolus, which automatically analyses financial documents, has bagged $24m in its Series B, supporting its expansion into new verticals.
Cappitech partners with IHS Markit to help companies with SFTR compliance
Regulatory reporting startup Cappitech will be integrate its solution into IHS Markit in new deal to support Securities Financing Transactions Regulation (SFTR) compliance.
Capnovum joins PwC’s inaugural LegalTech accelerator
Compliance management platform Capnovum has been selected by PwC’s new to join the 10-week scaleup accelerator.
Bank ABC to deploy Jumio’s biometric ID services through new partnership
Jumio will supply its biometric-based identity verification technology to Bank ABC through new partnership.
Aqubix: Using the risk-based approach to your advantage
Taking a risk-based approach during the due diligence process is often perceived as purely cost. It’s also something that will always be asked for by regulators, and costs are continuing to increase whenever there are new clients.
