Audit software Fieldguide hits $100m valuation
Fieldguide, which offers an automation and collaboration platforms for audit and advisory firms, has collected $17m in its Series A, which brings its valuation to $100m.
Moneyhub calls for OpenData revolution
Moneyhub, the market leading Open Data and Payments platform, has called for greater data-sharing among financial firms as part of its response to the FCA’s Consumer Duty Proposals.
Why IDmission is betting on composable KYC
Founded in 2011, IDmission helps businesses verify customers’ identity remotely. The enterprise’s platform supports face scans, fingerprints, video conferences, iris scans, selfies, voice recognition and a number of other ways of using biometrics to verify customers’ identities.
RegTech unicorn Chainalysis to provide BNY Mellon with crypto compliance tools
Blockchain data platform Chainalysis will supply its compliance software to the Bank of New York Mellon to help with cryptocurrency regulatory processes.
China defers new AML rules amid pushback and privacy concerns
The People’s Bank of China (PBOC) has said it is postponing the introduction of new rules that firm up cash withdrawal and deposit scrutiny due to ‘technical reasons’.
RegTech platform Secureframe bags $56m Series B
Secureframe has raised $56m in its Series B funding round, which brings its total equity raised to $79m in two years.
Squirro raises funds, acquires open.exchange, teams with ECB
Squirro, an augmented intelligence platform that helps assess risks to banks, has reportedly raised $4m in funding and acquired US deal sourcing platform open.exchange.
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The dark link between money laundering and modern slavery
Money laundering and modern slavery may not seem to have many clear connections at first glance. However, there is more than meets the eye on this topic.
First operating system for compliance anecdotes raises $25m in its Series A
anecdotes, which identifies as the first operating system (OS) for compliance, has collected $25m in its Series A funding round.
What are the key developing trends for AML compliance in 2022?
A recent report from Alessa by Tier1 Financial Solutions has underlined the key trends to watch out for in AML compliance in 2022.
