Why financial institutions must improve the second layer of their compliance ecosystem
There have never been more regulatory pressures for financial institutions than there are now, and it is only getting harder. Every year, regulators release a new batch of legislation or updates to existing mandates, all of which firms need to keep up with.
No-code risk manager Effectiv scores $4m in seed funding
Effectiv, a developer of no-code risk management service, has scored $4m in its seed funding round.
NICE Actimize launches tools for compliance
NICE Actimize has launched its X-Sight Entity Risk SaaS solution, which produces a single risk score that enables a financial institution to get a deeper understanding of clients.
Data management technology Getvisibility bags Series A
Getvisibility, an AI-powered platform to classify and secure unstructured data, has raised €10m in its Series A funding round.
NICE add Zoom video communication compliance tool
Financial communication recording and compliance platform NICE has added Zoom capture to its compliance suite.
The EBA decides not to make dedicated framework for green securitisation
The European Banking Authority (EBA) has stated it would be premature to establish a dedicated framework for green securitisation.
7 reasons to update audit management software
People do not like change. Despite the improvements technology can have, firms stick to old, out-dated systems for their operations. This has left companies with inefficient workflows, prone to mistakes.
CyberTech platform BlueVoyant raises $250m Series D
Cybersecurity platform BlueVoyant has raised $250m in its Series D, of which, $125m was supplied by private equity firm Liberty Strategic Capital.
IoT CyberTech platform Phosphorus nets $38m
Phosphorus CybersecurityTM, a CyberTech platform aimed at IoT devices, has picked up $38m in its Series A funding round.
Crypto companies join forces for new compliance solution
A group of US-based cryptocurrency companies have launched a new platform aimed at helping firms comply with the Travel Rule regulatory requirement.
