Tag: Compliance

PassFort, which automates financial crime and compliance processes, has closed its Series A round on $16.2m.

Singapore-based ADVANCE.AI, which develops digital identity verification tools, is reportedly looking to raise $200m in funding.

WhatsApp has been hit with a $225m fine by Ireland’s Data Protection Commission after it failed to disclose enough information to users about the data shared with other Facebook companies.

Established in 2013, European and UK RegTech leader MAP FinTech specialises in regulatory reporting solutions that arise from a number of complex and challenging international regulatory requirements. As regulator attitudes continue to evolve, how does MAP FinTech think firms can maintain regulatory compliance?

The UK’s Financial Conduct Authority worries many insurance firms are not prepared for upcoming product governance regulation changes.

As regulations continue to become more stringent, the tools companies have got used to using may soon be inadequate for meeting compliance.

Regology, which automates enterprise compliance processes through AI, has netted $8m in its Series A funding round.

A total of $937.7m has been issued in fines for non-compliance with anti-money laundering, know your customer and data privacy regulations, in H1 2021.

RegTech firm Clausematch has launched a Partnerships and Certification program for financial institutions and regulators.

The Organisation for Economic Co-operation and Development (OECD) has published a new report offering policy advice on the regulation of AI in financial services.