RegTech

Qount, a developer of AI-powered practice management software for public accounting firms, has secured a significant investment to further its growth.

Key UK RegTech investment stats for 2024: UK RegTech deal activity dropped by 59% YoY There were zero deals over $100m in 2024 as...

Cybersecurity company Invary, which specialises in Runtime Integrity solutions, has secured a $3.5m seed funding round.

Riot, a cybersecurity company focused on employee security solutions, has raised $30m in a Series B funding round.

Over 200 financial entities, collectively managing assets worth €6.6 trillion, have issued a stark warning to the European Commission.

In an age where the regulatory landscape is getting more complex and multifaceted by the year, compliance as a box-ticking activity is becoming a step not far enough for many financial firms. To meet the moment, many businesses are needing to demonstrate more traceability and accountability in their compliance operations.  

Encompass Corporation, a leader in KYC automation and CDI has unveiled EC360, a platform designed to address the evolving needs of the banking sector.

In December 2024, the South African Treasury published the draft AML and CTF Amendment Bill, which is now open for public comment.

In the evolving landscape of financial services, the transition towards AI in AML operations is becoming increasingly prevalent.

Aligning environmental, social, and governance (ESG) data with the expectations of investors and regulators presents a significant challenge.