Shujinko lands $2.8m to automate compliance work in the cloud
Shujinko, a Seattle-based cloud security compliance platform, has emerged from stealth with $2.8m in seed funding.
Snowflake collects $450m for data warehouse offering
Snowflake Computing has closed a $450m growth funding round which was led by Sequoia Capital.
FinTech taps Daon’s biometric identity technology
Innovation Finance, a FinTech company specialising in equipment financing, is set to deploy Daon’s biometric identity technology.
AML compliance costs firms $25.3bn per year
Anti-money laundering compliance is costing US financial services organisations $25.3bn per year, according to a new report.
CybelAngel brings in $12m to expand security platform globally
Digital risk management platform CybelAngel has raised $12m to fuel its global expansion.
Safetrade Africa taps Ipsidy’s identity and authentication solutions
Safetrade Africa, a technology development company specialising in payment processing in secure environments, has tapped Ipsidy’s biometric identity and authentication solutions.
FINCAD launches Python toolkit for valuation and risk analytics
FINCAD, a provider of enterprise solutions for derivative and fixed income portfolios, has launched a new toolkit for valuation and risk analytics.
RDC: Eight reasons why search engines are not due diligence
Search engines are free, easy to use and powerful. Could you use them to run a KYC/AML screening program? You could – but in the end, it will expose you to significantly more cost and risk than opting for a purpose-build solution. Here are eight reasons why.
Why regulators need to do more to raise RegTech’s profile
RegTech can bring benefits to a range of sectors outside of financial services; however, regulators could do more to raise awareness for the burgeoning space, according to Jeff Heine, chief revenue officer at Ascent Technologies.
FacePhi launches ‘zero risk’ security product for banks
FacePhi, a Spain-based biometrics business, has launched a new ‘zero risk’ security product for the banking sector.
