RegTech

NetSPI has announced its acquisition of Hubble Technology, a company renowned for its CAASM and cybersecurity posture management solutions.

YourSix has announced a successful $10.5m Series A funding round led by Vocap Partners, with additional participation from Eastside Partners.

The global RegTech sector is projected to reach a value of $66.9bn by 2032, growing at a 22.6% CAGR from 2023, according to a report from Allied Market Research. Given its size, it is evident that the market is full of various types of RegTech solutions all claiming to revolutionise the output of compliance teams.

Apex Group, a prominent financial services business, and ACA Group (ACA), a leader in governance, risk, and compliance advisory in financial services, have joined forces to expand their service offerings through a strategic partnership.

Ensuring compliance with sanctions screening is pivotal in risk management for globally operating businesses.

Custodia has retained its SOC 2 Type II compliance under the American Institute of Certified Public Accountants (AICPA) standards.

Global Relay has recently published its second annual Industry Insights Report: Compliant Communication 2024.

NPCI International Payments Limited (NIPL) has partnered with the Central Reserve Bank of Peru (BCRP), the primary monetary authority in Peru.

The Bank for International Settlements (BIS) and the MAS have recently collaborated on an innovative initiative.

Cyberhaven, a leader in the field of data detection and response (DDR), has successfully raised $88m in its Series C funding round.