RegTech

Encompass Corporation receives funding from private equity firm Beacon

KYC automation Encompass Corporation has received an investment from Boston-based private equity firm Beacon Equity Partners.

Fraud prevention firm Seon closes a $12m Series A round

Online fraud-detection startup Seon raised a $12m Series A round led by Creandum.

FiVerity bags $2m to help it bolster its synthetic identity fraud detection capabilities

FiVerity, which offers cyber fraud detection and threat intelligence services, has closed a $2m funding round to help it expand its platform.

Coalition joins the ever-growing list of FinTech unicorns after fresh funding round

Cyber insurance platform Coalition has joined the ever-growing list of FinTech unicorns, after its valuation hit $1.75bn.

Vulcan Cyber closes its Series B on $21m

Vulnerability remediation orchestration platform Vulcan Cyber has closed its Series B round on $21m, which was led by Dawn Capital. Participation also came from Wipro...

The EBA publishes report on the monitoring of liquidity coverage ratio

The European Banking Authority (EBA) has published its report on the monitoring of liquidity coverage ratio (LCR) implementation in the EU.

ID verification firm Socure enters unicorn club after $100m fundraise

Socure, the startup that helps companies verify users’ identities, is valued at $1.3bn after a massive $100m funding round. The Series D round was led by...

RBI slaps a $275,600 fine on SBI for deficiencies in regulatory compliance

The Reserve Bank of India (RBI) imposed a penalty of Rs 2 crore ($275,651) on State Bank of India (SBI) for violation of certain norms on remuneration to its employees in the form of commission after finding the lapses while doing statutory audits.

How Palturai revolutionizes the way companies view business networks

Palturai started as a conversation between friends. Now it is rapidly expanding across the globe.

Genesis rakes in $45m for its Series B

Genesis, a low-code application platform for financial markets, has scored $45m in its Series B.

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