Compliance Management

The San Francisco and London-based platform provider of digital identity management solutions ForgeRock has made its Open Banking Accelerators available to kick-start compliance with new regulatory standards.

Ontario-based Carta Worldwide, the transaction processing solutions provider, has partnered up Konsentus, the identity and regulatory checking services. The partnership will help ensure Carta Worldwide’s clients are compliant with EU’s Revised Payment Service Directive (PSD2).

Heap, which collects and organises customer behavioural data, has closes its Series C round on $55m.

Blockpit, a tax calculation and portfolio tracking platform for cryptocurrencies, has received a €2.5m investment.

New research commissioned by audit and tax consultancy RSM has found that 30% of European businesses are still non-compliant with the General Data Protection Regulation (GDPR).

As data protection rules are becoming more prevalent around the world, companies paying consumers for data could become the norm.

InCountry, a data-residency-as-a-service platform, has closed its Series A on $15m, just months after raising its seed round.

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.