Compliance leaders percieve the RegTech challenge as a ‘massive headache’
The wave of new regulations being deployed is being seen as “just layers of costs on top of the business” by some compliance leaders, according to Axioma managing director and head of risk solutions Ian Lumb.
PayU acquires ZOOZ building payment solution to improve fraud management
PayU has acquired Israel-based payments technology platform ZOOZ, supporting its expansion into high-growth markets.
March Capital Partners raises up to $235m through pair of fundraises
California-based March Capital Partners has raised over $235m for a pair of VC funds.
UK’s Payment Systems Regulator to review card-acquiring services
The UK’s Payment Systems Regulator (PSR) has announced it will be conducting a review into the supply of card-acquiring services.
LoginRadius scores $17m in Series A to support customer acquisition, team growth
LoginRadius, a customer identity and access management company, has scored $17m in its Series A round of funding.
XL Catlin, Slice Labs partner to create new cyber insurance product
XL Catlin is working with on-demand insurance platform Slice Labs to offer on-demand cyber insurance.
The UK reportedly set to adopt 5AML
The UK is reportedly set to adopt the fifth anti-money laundering directive which will help combat money laundering and terrorism funding.
Onfido completes partnership with India-based car rental platform Zoomcar
RegTech 100 company Onfido has formed a partnership with India-based car rental platform Zoomcar.
Block66, Civic Technologies partner to mitigate mortgage fraud
Block66, a blockchain-based lending solution mitigating mortgage fraud, has entered into a strategic partnership with Civic Technologies.
LogicGate collects $7.5m to support the creation of 50 new jobs at Chicago office
RegTech 100 company LogicGate has collected $7.5m funding to support the addition of 50 positions in its Chicago office.
