RegTech

Polymath, the company endeavouring to make the processes of creating and managing security tokens smoother, has enlisted QRC, the RegTech consultancy, to help its clients with their security offerings.

Steele Compliance Solutions, a provider of integrated risk management solutions, has acquired Osprey Compliance Software.

Indonesia’s Financial Services Authority, known as the OJK, has forced 826 FinTech startups to close up shop

Emerson, the technology and engineering company, has opened the doors of its latest cybersecurity lab in Pune, India.

Digital Identity platform Yoti has raised £8m in a new round which has valued the company at £82m.

Most banks in Denmark will be ready for PSD2 by its implementation date, although the quality of the APIs will be debated – and there are concerns around the readiness for Strong Customer Authentication (SCA), according to Tobias Thygesen director of FinTech, payment services and governance division at Finanstilsynet.

The UK Gambling Commission has penalized betting company Ladbrokes Coral Group for not putting up enough safeguards against money laundering and gambling harm. But it’s not finished yet.

Edge Delta, a Seattle-based analytics platform, has collected $3m in its Seed round led by MaC Venture Capital and Amity Ventures.

New Israeli regulations force businesses and non-profits to report serious hack attacks to the authorities. However, only two-thirds were reported in the first year of the law being enforced.

Cymatic has closed its seed funding round on $4.5m to support development of its entity behaviour analytics services.