RegTech

IBM partners with Commvault to simplify data management and protection

IBM has partnered with Commvault to help its customers manage, back up and recover all of their data.

Basel Committee publishes report on risk data aggregation and reporting

The Basel Committee on Banking Supervision has published a report on risk data aggregation and reporting progress.

FSDC lays out digital identity and e-KYC report for Hong Kong

The FSDC has laid out four key recommendations for creating a digital identity and e-KYC based infrastructure for Hong Kong.

Silverfort brings in $11.5m for multi-factor authentication platform

Silverfort, a Tel Aviv, Israel-based multi-factor authentication provider, has raised $11.5m in Series A funding.

Steele Compliance buys TransparINT

Steele Compliance Solutions has purchased TransparINT, a company using Artificial Intelligence technology to provide compliance tools.

Data protection startup BigID closes $30m Series B

BigID, a provider of enterprise data protection and privacy solutions, has raised $30m in Series B funding.
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Why banks should fear competition from Amazon & Google rather than FinTechs

Threat of competition is one of the biggest challenges arising from Openbanking; however, banks should fear internet giants rather than FinTechs, according to a panel at the Global RegTech Summit 2018.

Experian to offer Open Banking & PSD2 services

Experian, a UK credit reference agency, is now offering Open Banking and PSD2 ( Payment Services Directive 2) services.

BBVA launches facial recognition payments

BBVA has launched the deployment of a facial recognition payment system.

PayPal bolsters fraud prevention & risk with Simility

Payments business PayPal is bolstering its fraud prevention & risk management capabilities by buying Simility.

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