MCO launches new governance and oversight tool KYR
MCO (MyComplianceOffice), a global conduct risk and compliance provider, has launched its new governance and oversight tool, Know Your Risk (KYR).
Data security platform Normalyze picks up $22.2m
Data-first cloud security platform Normalyze has picked up $22.2m in its Series A round, which was co-led by Lightspeed Venture Partners and Battery Ventures.
Canadian banks team to establish centralised KYC offering
Five Canadian banks are joining forces with CanDeal, a market and infrastructure services provider, to set up a centralised KYC offering for the capital markets industry.
MAS releases use case for AI combating greenwashing
The Monetary Authority of Singapore (MAS) has released the first use case of its NovA!, which aims to combat greenwashing.
RegTech duo Compliancy Services and Portman Compliance merge
Compliance consultancy and RegTech provider Compliancy Services has merged with Portman Compliance, a fellow compliance support service.
ComplyAdvantage launches ComplyTry to improve sanction and PEP screening
ComplyAdvantage has released ComplyTry, a new tool that lets anyone verify prospective customers by leveraging live sanctions, politically exposed people (PEPs) and adverse media data.
Why Kocho is the symbol of strong cybersecurity
Most companies lack the tools and mitigation plans to handle imminent attacks, Kocho helps them fix this.
CyberTech startup RapidFort collects $8.5m in seed funding
RapidFort, a software attack service optimisation platform, has reportedly collected $8.5m in its seed funding round.
What are application controls and why should banks care
Data breaches are becoming increasingly costly. In 2021, the cost of a data breach reached $4.24m, up from $3.86m, according to data by IBM.
Is perpetual KYC set to replace traditional KYC?
In an increasingly digital and connected world, the need to stay alert to new challenges has never been clearer.
