RegTech

NICE Actimize an autonomous financial crime management platform, has joined the UK Financial Conduct Authority’s Global Anti-Money Laundering and Financial Crime TechSprint.

A financial service provider’s unprotected server reportedly lead to 250 gigabytes of banking customers’ personal information has been leaked in a new breach.

India-based Nucleus Software, the provider of lending and transaction banking solutions to the financial sector, has unveiled the new version of its transaction banking solution FinnAxia 6.5

Unicorn Robinhood, an investment and stock trading app, has revealed it was storing some of its user data in plaintext on internal systems.

Based on client requests, KYC Portal has integrated its platform with the data provisioning services of Acuris Risk Intelligence. The integration is automated using the APIs available by both tools. By using the API of KYC Portal to push and pull data requests from the API of Acuris Risk Intelligence, it allows for further automation in the process flows of KYCP.

Ethyca, a data privacy automation service for all sizes of businesses, has reportedly raised $4.2m in funding.

Authorities in Bulgaria, Denmark and Croatia have issued new product intervention measures and the European Securities and Markets Authority (ESMA) welcome them.

Investment in RegTech companies has reached record levels in the first six months of 2019. The question is why that is and if the growth will continue.

The Financial Conduct Authority (FCA), the UK financial regulator, has fined Standard Life Assurance Limited (SLAL) with a £30.79m fine for failing to comply with the rules regarding non-advised annuity sales.

The EU’s executive arm is happy with the implementation of the General Data Protection Regulation (GDPR) so far, but hints that more needs to be done.