Compliance Management

Consilio, a provider of eDiscovery, document review, risk management, and legal consulting services, has bolstered its offering by buying DiscoverReady.

iwoca, a London-based business lender, has launched Open Banking for all new customers with a Lloyds Bank account.

Oconee Federal Savings and Loan has picked Wolters Kluwer to help streamline its current lending processes.

AppZen, which provides an AI solution for back office automation, has closed a $35m Series B financing led by Lightspeed Venture Partners.

Conversica, a provider of conversational artificial intelligence (AI) for business, has closed a $31m Series C funding round.

After the 2008 crisis, financial institutions faced a mountain of new regulations and related challenges around data collection, monitoring and reporting. Hundreds of Regulatory Technology (RegTech) startups sprang up to help. But there’s one thing that’s often overlooked in the dynamic RegTech space: it’s not just about startups.

Sagent Lending Technologies has partnered with Innovis Data Solutions to offer lender protections against fraud.

Charles Taylor InsureTech has purchased a majority stake in RegTech startup CoVi Analytics.

OnlinePajak, a provider of tax compliance solutions in Indonesia, has raised over $25m in Series B funding.

Cashplus, a UK-based challenger bank, has bolster its team by hiring an operations risk director, a new head of audit and a new CTO.