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FRISS increases global presence through launch of UK office

FRISS, a fraud and risk solution for the P&C insurance industry, has launched an office in the UK to support growth in the country.

AdviceRobo launches new PSD2 API CatRobo for transactional data categorization

Risk-management solutions company AdviceRobo has launched a new tool to help lenders live up to the requirements set out in the EU’s EU’s Revised Payment Service Directive (PSD2) and to better manage risks.

BehavioSec launches new tools for new account fraud detection

Behavioural biometrics company BehavioSec has released new tools which improve new account fraud detection.

Thomson Reuters acquires regulatory and legal support platform HighQ

HighQ, a provider of regulatory and legal support, has been acquired by Thomson Reuters for an undisclosed amount.

GRC management platform VComply nets $2.5m in seed round

VComply, a GRC management platform, has netted $2.5m in its Seed funding round led by US-based venture capital firm Accel.

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.

Banking software company Temenos acquires Logical Glue for £12m

By scooping up London-based Logical Glue, Temenos is strengthening the legal compliance of its banking platform.

OBIE recommends improvements to payment capabilities and refund functionality for Open Banking

The Open Banking Implementation Entity (OBIE) has recommended an improvement to the payments capabilities and refund functionality.

FaceApp raises security and privacy concerns

While the app enabling people to see older versions of themselves has delighted many, some have warned that FaceApp may poise some serious privacy and security concerns.

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.
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