Tag: RegTech

RegTech firm TAINA Technology has successfully raised a round of funding with key backers including HSBC and Deutsche Bank.

The evolving financial landscape calls for a more efficient approach towards regulatory compliance. Amid increasing regulatory burdens and the dynamic nature of regulations, the focus on compliance has heightened, thus fuelling the growth of the regulatory compliance industry. Despite this, the lack of standardised terminology around common concepts, such as "regulatory mapping", remains a key concern.

UK-based regulatory compliance tech developer eflow Global has revealed a major update to its eComms surveillance solution, leveraging a new sophisticated form of decision automation.

secjur, a Hamburg-based provider of an AI-powered compliance automation platform, has scored €5.5m in seed financing.

A blogpost by European Central Bank representatives has remarked that the current turmoil being seen in the crypto markets is ‘Bitcoin’s last stand’. 

RegTech firm Aveni has claimed financial services firms need to act now to prove they really put the customer first, following a recent survey by the company.

SafeGuard Privacy, a SaaS-based compliance platform focused on data protection, has raised $7m in funding.

Facctum is a RiskTech company specialising in cloud-delivered anti-financial crime technology and has launched an open access search version of its flagship product.

The Law Family Commission on Civil Society has called for the UK’s Financial Conduct Authority (FCA) to make philanthropy advice training mandatory for financial advisors.

The Bank of England has partnered with HM Treasury and the Financial Conduct Authority to undertake a two-day simulation exercise.