BOXX and Zurich Insurance Group launch innovative cyber protection app in Switzerland
BOXX Insurance Inc., an award-winning global InsurTech that combines cyber insurance and security, has partnered with Zurich Insurance Group in Switzerland to introduce a cutting-edge cyber risk solution.
How to choose the right compliance software for your business needs
The strategic choice of the right technology platform is pivotal for firms aiming to enhance business focus, increase value, and solidify compliance as an integral part of their operations. However, the decision-making process to select an appropriate compliance solution is fraught with challenges. These include the risk of overspending, choosing software that fails to address both current and future needs, or enduring a difficult implementation phase.
Orca secures €550K to combat fraud in emerging markets
Orca, a startup based in South Africa dedicated to combating fraud in emerging markets, has successfully raised €550K in an oversubscribed pre-seed funding round, according to a report from Tech Funding News.
J.P. Morgan Securities fined $200m by CFTC for surveillance failures
J.P. Morgan Securities has been ordered to pay a $200m civil penalty due to alleged shortcomings in its surveillance systems.
How machine learning is transforming AML controls in payments
The future of anti-money laundering (AML) controls in the payments industry is increasingly being shaped by machine learning technology. Paysafe’s Giacomo Austin recently spoke...
AuditBoard secures $3 Billion acquisition deal with Hg
AuditBoard has reached an agreement to be acquired in a transaction valued at over $3bn, by Hg, an experienced and global leading investor in compliance, risk, and accounting software.
Userfront secures $5.3m to enhance SaaS identity solutions
Userfront, a transformative auth and identity platform for SaaS businesses, has successfully concluded its latest funding round, raising $5.3m.
UK’s FinTech solutions cut fraud rates, inspiring global strategies
A report by LexisNexis Risk Solutions highlights the key role of FinTech in shaping the landscape of digital fraud attacks globally, with a particular focus on the UK.
The intersection of KYB and AML: A guide to business identity verification
Know Your Business (KYB) and Anti-Money Laundering (AML) are critical parts of the compliance ecosystem, but how aligned are they? FullCircl, a SaaS platform renowned for eliminating regulatory and verification hurdles, recently delved into the role of KYB in the AML process.
Finding the right RegTech partner for you – Part 1
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. However, with so much noise in the market, finding the right solution is like finding a needle in a haystack. FinTech Global spoke to several RegTech providers for an insight into what to look for.