RegTech

Encompass Corporation, a pioneer in Corporate Digital Identity (CDI), has recently announced the appointment of Stuart Barnard as its first Chief Financial Officer (CFO).

In the complex world of finance, due diligence is essential for protecting a company’s reputation and financial well-being. As customer demands for convenience increase and regulatory scrutiny intensifies, finding a balance is more important than ever. The solution lies in an innovative tool—KYC Portal Customer Lifecycle Management (CLM). The RegTech company recently compiled a guide on its role in enhancing due diligence processes.

IANS Research, a leading provider of independent research and advisory services for the information security industry, has just secured a significant investment from Apax Digital Fund II. 

Tines, a leading provider of smart, secure workflow solutions, today announced an impressive $50m in new financing.

Founded in 2022, Cognitive View automates consumer compliance and market conduct risk monitoring and claims to offer the first-of-its-kind integrated compliance and complaints co-pilot, aiming to reduce 70% the workload of compliance and complaint professionals.

Flagright, a firm specialising in AML and fraud prevention, has entered into a partnership with Baraka, a Middle Eastern investment platform.

ComplyAdvantage, a leading firm in financial crime intelligence, and Golden are joining forces in a significant acquisition.

Prophet Security, a company that has just stepped out of stealth mode, has announced securing $11m in seed funding.

The Financial Conduct Authority (FCA) is enhancing its support for the FinTech industry by confirming new anti-greenwashing guidance ahead of its enforcement starting 31 May.

FinTech Global recently spoke to RegTech firm RelyComply to delve deeper into the role artificial intelligence will play in transaction reporting.