Palturai closes €4m Series A to support the expansion of its tool suite
RegTech company Palturai has closed a €4m Series A funding round as the company continues its growth efforts of the past year, which included new offices in Austria and the US.
Study finds AML compliance costing UK firms over £28bn a year
A study by LexisNexis Risk Solutions has found anti-money laundering (AML) compliance is costing UK financial institutions £28.7bn and will raise to £30bn by 2023.
Switzerland enacts new rules for blockchain and DLT companies
Switzerland’s Federal Council has fully implemented new rules on distributed ledger technology (DLT)-based trading and blockchain solutions.
BearingPoint to create RegTech juggernaut with Vizor Software acquisition
BearingPoint RegTech has signed an agreement to purchase global tech firm Vizor Software for an undisclosed fee and subject to regulatory approvals.
Sapiens and Long Group join forces to help insurers meet ISO and NCCI complaince...
Insurance firm Sapiens partnered with compliance solutions provider Long Group Consultants to augment reporting requirements for workers’ compensation and property and casualty insurers.
Given that...
Finley secures $3m seed funding to support new product launch
Debt capital raise and management solution Finley has bagged $3m in seed funding, alongside launch of credit facility management tools.
PARSIQ Technology nets $3m in first round backed by institutional investors
PARSIQ Technology, which aims to help compliance within blockchain, has closed a $3m funding round making its first collection of funds from institutional investors.
How CSS is leveraging AI to keep bad actors in the digital world at...
The ubiquity of high-profile cyberattacks in the last few years have highlighted the importance of online security, and AI and machine learning (ML) might be the antidote against cybercriminals.
Anrok lands $4.3m in seed funding to solve sales tax compliance for SaaS businesses
Sales tax solution built specifically for software-as-a-service (SaaS) businesses Anrok raised $4.3m in a seed funding round co-led by Index Ventures and Sequoia Capital.
The company...
RSA spins out fraud and risk intelligence unit, Outseer
RSA Security is spinning out its fraud and risk intelligence business into a new standalone company dubbed Outseer which will be led by CEO...
