Compliance Management

Lexion, a contract management solution, has closed its seed round on $4.2m from Madrona Venture Group and Wilson Sonsini Goodrich & Rosati (WSGR).

The final rules of the EU’s Revised Payment Service Directive (PSD2) snap into action in September. Now Kaleyra, an in-mobile messaging service for banks and companies, and Epiphany, a RegTech startup specializing in PSD2 compliance have joined forces to ensure financial services businesses can comply with the changes.

FRISS, a fraud and risk solution for the P&C insurance industry, has launched an office in the UK to support growth in the country.

HighQ, a provider of regulatory and legal support, has been acquired by Thomson Reuters for an undisclosed amount.

VComply, a GRC management platform, has netted $2.5m in its Seed funding round led by US-based venture capital firm Accel.

KYC and AML have received a lot of RegTech focus, but conduct risk needs to receive more attention, according to Dilip Mohapatra, founder at Cognitive View.

By scooping up London-based Logical Glue, Temenos is strengthening the legal compliance of its banking platform.

Business intelligence and analytics company MHR Analytics’ survey has unearthed that 73% of respondents are not confident about their data and numbers on month-end closes and audit submissions.

The European Securities and Markets Authority (ESMA) is asking the public to chip in about how the guidelines regarding undertakings for collective investments in transferable securities (UCITS) should look like.

US regulators have released an explanation of application to the federal and state securities laws for opportunity zone investments.