Deutsche Bank reportedly fails in customer screening processes
Deutsche Bank has reportedly revealed that it is failing to fully identify clients and the source of their wealth, highlighting shortcomings in its money laundering controls.
Ascent joins BMO Harris / 1871 Innovation Program
RegTech 100 company Ascent Technologies has been chosen to take part in the BMO Harris / 1871 Innovation Program.
Raisin UK, Starling partner to improve consumer savings
Online savings marketplace Raisin UK has formed a partnership with Starling Bank to improve customer experiences and access to better interest rates.
Quantexa collects $20m in Dawn Capital-led round
Quantexa, a company leveraging big data analytics to tackle complex financial crime, has raised $20m in Series B funding.
AxiomLevel launches investor onboarding platform
AxiomLevel Technologies, a provider of DApp solutions and custom blockchain development services, has launched an investor onboarding platform.
Siemens AG acquires digital transformation company Mendix in $730m deal
Mendix, a digital transformation company, has been acquired by Siemens AG in a deal worth $730m in cash.
RegTech can turn compliance into a competitive advantage
RegTech is not just for compliance, it can give financial institutions a competitive advantage in today's crowded market according to Husayn Kassai, CEO of Onfido.
Kapalya launches new data protection solution
Kapalya, a Berkeley, California-based cybersecurity startup, has launched a new data protection solution.
EXL launches new digital KYC solution
EXL, a operations management and analytics company, has launched the global rollout of a digital Know Your Customer (KYC) solution.
FCA aims to strengthen e-money regulations
The Financial Conduct Authority has set its sights on tightening up regulation of the e-money sector.
