RegTech

US companies to spend $41.7bn for GDPR compliance

U.S. companies are projected to spend a total of $41.7bn to achieve compliance with the GDPR, according to new research.

Majority of asset managers increase data protection for GDPR

The majority of asset managers have increased data protection to comply with upcoming by the EU General Data Protection Regulation (GDPR), according to a recent study.

Resurgens Technology acquires Assurance from Saungard

Atlanta-based private equity investor Resurgens Technology Partners has purchased the Assurance Business Continuity Management Planning unit of Sungard Availability Services.

Brunei and Singapore sign FinTech Cooperation Agreement

Financial regulators from Brunei and Singapore have signed a FinTech Cooperation Agreement to ‘foster innovation in financial services’.

Cybersecurity provider Tanium valued at $5bn after investment

U.S. cybersecurity company Tanium will be worth more than $5bn after TPG’s growth investment arm raised its stake in the business.

RunSafe Security collects $2.4m from Alsop Louie Partners

RunSafe Security, a McLean, Virginia-based cybersecurity company, has raised $2.4m in seed funding.

TD Bank to bolster customer onboarding through CGI deal

TD Bank is set to leverage CGI’s Wealth Management software platform in a move to streamline its customer onboarding process.

Pega to use AI to personalise customer onboarding process

Pegasystems has introduced new artificial intelligence (AI) capabilities in the latest version of for its KYC and client lifecycle management applications.

Deutsche Börse partners with figo, Finologee to launch FinTech Acceleration platform

Deutsche Börse has partnered with banking service provider figo and digital identification platform Finologee to create a FinTech Acceleration platform.

FinTech startup Dimebox launches fraud predictor service

Amsterdam-based FinTech startup Dimebox has launched a proprietary fraud predictor service based on machine learning.

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