Protecting sensitive information – How KYC Portal handles security
Solutions for onboarding and due diligence handle very sensitive and critical data on subjects. Before implementing a tool, a firm needs to be confident the data will be held safely.
SOC Prime nets $11m from DNX Ventures-led Series A
Threat detection marketplace SOC Prime has bagged $11m from a Series A funding round led by DNX Ventures.
UBS issued $500,000 fine from CFTC
The Commodity Futures Trading Commission (CFTC) has issued a $500,000 fine to UBS for alleged violations of audio recording regulations.
How onboarding is hindering client experience
A recent blogpost by MyDocSafe has detailed how the onboarding process within wealth management is impacting the client experience through its complexity.
ESMA publishes paper setting out plans to change MiFID II reporting requirements
The European Security and Markets Authority (ESMA) has invited firms to comment on its consultation paper seeking to make reporting requirements changes under MiFID II.
ING Group named leading institution in financial crime risk
ING Group has been listed as the leading institution in financial crime risk management in a ranking from Elucidate, a risk quantification platform.
Terranova Security secures non-dilutive financing
Cybersecurity platform Terranova Security has collected $9m in non-dilutive financing from BDC Capital's Growth and Transition Capital division.
Payroll unicorn Deel more than quadruples valuation in six months
Deel, a global compliance and payroll solution, has collected $425m in its Series D funding round, bringing its valuation to $5.5bn.
ComplyAdvantage extends AML program to US and Canadian FinTechs
Financial crime detection firm ComplyAdvantage has expanded its anti-money laundering (AML) program ComplyLaunch to help FinTech startups in the US and Canada.
BearingPoint RegTech starts journey of independence with rebrand
BearingPoint RegTech has rebranded itself as Regnology, as it starts its journey as an operational independent company.