Tag: RegTech

SteelEye, a compliance technology and data analytics firm, has raised $21m from a Series B round led by Ten Coves Capital.

Visa and Mastercard have cited fraud and increased competition to justify post-Brexit fee increases on cross-border payments from the UK, Finextra has revealed.

Hawk:AI, which offers anti-money laundering surveillance technology, has partnered with KYC and customer onboarding company Ondato.

Australia-based Biza.io, which offers Consumer Data Right (CDR) solutions, has reportedly raised $7.5m in its Series A funding round.

UK RegTech firm Aveni.ai has promised to help financial services companies meet new consumer duty regulation with the development of its Aveni Detect product.

Founded in 1991, India-headquartered HCL Technologies is a global technology company that helps enterprises reimagine their businesses for the digital age. The company specializes in key areas, including digital, IoT, cloud, automation, cybersecurity, and analytics, amongst others. With the company increasingly having a presence in the RegTech space, how does it see the sector changing?

Munich-based identity proofing and digital identity provider IDnow has received a €60m debt facility.

Compliance.ai has landed $6m in funding from existing investor Cota Capital and first-time backer JAM FINTOP.

 Sentinels, which helps detect money laundering in real-time, has released a report outlining why real-time transaction monitoring is the next step for compliance functions.

With digital collaboration tools becoming as ingrained to the working world firms need to aware of the compliance risks and upgrade their communication monitoring tools.