Sensitive data solution Text IQ collects $12.6m in its Series A round
Text IQ, an AI solution for identifying sensitive data, has collected $12.6m in its Series A funding round.
Aqubix: Using the risk-based approach to your advantage
Taking a risk-based approach during the due diligence process is often perceived as purely cost. It’s also something that will always be asked for by regulators, and costs are continuing to increase whenever there are new clients.
Token raises $16.5m strategic investment
Open banking platform supplier Token has received a $16.5m strategic investment from Opera Tech Ventures, the VC arm of BNP Paribas and others.
EQT Ventures hails open banking opportunity amid latest Token investment round
Open banking platform Token has scored a new round of funding from investors including EQT Ventures and banking giant BNP Paribas.
BITPoint LatAm boosts AML and KYC with IdentityMind partnership
BITPoint LatAm, a crypto to fiat exchange platform, has partnered with IdentityMind to support its AML and KYC processes in Latin America.
Big banks reinvest in Symphony Communications through new $165m round
Venture capital-backed secure messaging app Symphony Communications has brought its total capital raised to more than $460m thanks to a new round led by Standard Chartered and MUFG Innovation Partners.
Regulation is biggest barrier to digital innovation in UK – FIS study claims
The biggest barrier to UK financial institutions developing new digital products, services and operations is regulatory compliance risk, according to a study from FIS.
Ideagen acquires SR&CR compliance platform Redland in £15.8m deal
GRC software management company Ideagen has acquired Redland Business Solutions, a provider of regulatory and compliance software, in a £15.8m deal.
Sopra Banking Software partners data exchange platform Digi.me
Sopra Banking Software has formed a partnership with personal data security platform digi.me to improv secure personal data exchange.
Datactics receives £1.2m in funding led by Par Equity
Ireland-based Datactics, a compliance and data harmonisation solution for financial institutions, has received £1.2m in new funding.
