RegTech

Binance launches $1bn fund to back blockchain tech

Binance, one of the world’s largest cryptocurrency exchanges, is launching a $1bn Social Impact Fund.

Paxos collects $65m in Series B to support global expansion

Paxos, a blockchain-powered trust, has collected $65m in its Series B round led by a consortium of investors.

ABN AMRO Digital Impact Fund backs Ockto

ABN AMRO’s Digital Impact Fund (DIF) has backed Dutch FinTech Ockto to purchase a minority stake in the business.

solarisBank beefs up compliance processes through Clarus.io deal

Berlin-based FinTech company solarisBank has formed a partnership with Israeli RegTech startup Clarus.io.

SenseTime collects $620m for facial recognition tech

Chinese facial recognition technology developer SenseTime Group has raised $620m in a second round of funding.

Data security company Virtru raises $37.5m

Data security company Virtru has raised $37.5m in Series B financing, bringing its fundraising total to $76.8m.

CyberInt collects $18m for cyber detection and response services

CyberInt, an Israeli cybersecurity detection and response services company, has completed a $18m financing round led by Viola Growth.

Fugue bolsters board of directors with two new additions

Fugue, which automates security and compliance in the cloud, has named Will Dunbar and John Morris to its board of directors.

Federal Reserve asks for comment on proposed simplifying of Volcker

The Federal Reserve Board has asked for comment on a proposed rule to simplify and tailor compliance requirements relating to the Volcker rule.

GMEX & DAG create JV to exploit Blockchain

GMEX Group and Digital Assets Group (DAG) have formed a strategic alliance to exploit blockchain, distributed ledger and artificial intelligence technologies.

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