Jumio raises $150m to grow its digital ID verification service
Digital ID provider Jumio secured $150m from private equity firm Great Hill Partners.
Plaid’s accelerator FinRise reveals first five FinTech startups in its programme
FinTech firm Plaid unveiled the first cohort of startups in its new accelerator program, FinRise.
Fraud detection platform Feedzai forays into the unicorn club after $200m round
AI-based fraud detection firm Feedzai has landed a $200m round of funding with a valuation of over $1bn.
ClauseMatch among the first tech companies to complete TechNation UK’s new LawTech Sandbox
RegTech company ClauseMatch is one of the five tech companies to complete the LawTech Sandbox, the new programme from TechNation UK.
Organised crime is biggest compliance-related threat facing firms, study claims
Organised crime is the biggest compliance-related fear facing firms, according to a new report from NorthRow.
The FCA is concerned young investors are taking too much high-risk in their investments
Nearly two thirds of younger investors are taking big risks on their investments, which could significantly impact their lifestyle, according to a report from the FCA.
ESMA issues public consultation on supervisory fees for trade repositories
The European Securities and Markets Authority has issued a public consultation on the simplification of supervisory fees for trade repositories under EMIR and SFTR.
Why risk assessment is important for financial institutions in a digital era
With every opportunity digital technology has provided to banks, customers and counterparties, it has also altered existing risk and often introduced new risk. While digital transformation is creating major opportunities, understanding and navigating through those risk areas is critical.
Big data analytics startup Dataminr closes $475m round at $4.1bn valuation
NYC-based real-time information discovery company, Dataminr closed a $475m financing round at a $4.1bn valuation.
The European Banking Authority addresses de-risking practices
The European Banking Authority (EBA) has published three regulatory instruments to address de-risking practices based on evidence gathered in its call for input.