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Helping banks step up onboarding – Clarifai closes its Series C

Clarifai, which helps firms improve customer experiences and onboarding, has collected $60m in its Series C round, which was led by New Enterprise Associates.

EBA repeals PSD1 internet payments security guidelines

The European Banking Authority (EBA) has officially repealed its guidelines on the security of internet payments under the former Payments Services Directive (PSD1).

MagicCube to solve issues with chip shortage with fresh funding

MagicCube, a software-based security technology, has collected $15m in a funding round, as it looks release new tools.

How Zeidler Group’s new CFO is driving its push with data-powered legal services

Asset managers typically have to use multiple law firms to handle their compliance processes, with expensive and laborious processes; however, Zeidler Group is leveraging data and technology to resolve this issue.

Digital signatures are the secret to standing out

As more people move towards online interactions with financial services organisations, firms are prioritising ways to improve the quality of these customers’ and employees’ interactions. Digital signatures could be the core feature to make a firm stand out from the crowd.

CYTRIO collects $3.5m in seed funding to help SMEs handle data privacy

Data privacy compliance startup CYTRIO has collected $3.5m in seed funding, supporting its goal of helping mid-sized companies meet privacy compliance.

NatWest could face £340m fine following money laundering neglect

NatWest has pleaded guilty to money laundering failings amounting to £365m from UK-based jeweller Fowler Oldfield.

Elliptic to help banks adopt crypto safely with Series C backing

Elliptic, a cryptoasset risk management provider, has closed its Series C round on $60m, as it bolsters its market position.

CSS removes compliance burdens with launch of new document production tool

RegTech100 company Compliance Solutions Strategies (CSS) has launched its Document Production Centre to help investment managers automate compliance procedures.

LoginID receives grant to boost blockchain security

LoginID, a FIDO-certified authentication provider, has received a grant from blockchain developer The Algorand Foundation to boost security on the blockchain.

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