Tag: RegTech

eflow Global, a UK-based RegTech scaleup, has successfully secured a hefty £7m in a Series A funding round.

Adverse media screening has become an integral component in the finance industry, especially in relation to Anti-Money Laundering (AML) compliance. RegTech company Alessa recently delved into why financial institutions should care about adverse media screening. 

Data Safeguard, an industry-leading provider of AI-enhanced data privacy solutions, has recently celebrated the completion of a successful seed funding round.

In an era of growing operational costs, it has become a pressing necessity for banks to embrace efficient Know Your Customer (KYC) practices. The global spend on regulatory technology (RegTech) is predicted to ascend to $207bn by 2028, a forecast that urges banks to channel their investment into automating their manual KYC processes.

In a recent post by Flagright, the company outlined the importance of securing customer data in the financial sector. 

As the clock ticks down to the adoption of the revised EMIR reporting standards in the EU (April 29, 2024) and the UK (September 30, 2024), understanding and complying with these expanded obligations is crucial.

Upgrading technology in investor onboarding offers immense benefits and the asset management industry is quickly catching on. The landscape of regulatory environments is in...

An innovative collaboration approach to financial regulation is being advocated by Eventus, a leading regulatory technology (RegTech) firm, in their latest 'Compliance in Focus' series.

As we move deeper into 2023, AI breakthroughs are dominating the global business landscape. The capabilities of generative systems and large language models have gripped the public's attention, with companies across various sectors investing heavily in these AI-centric technologies. However, the success of these investments heavily relies on the quality of data used to train these systems and the in-house expertise of the organisations implementing them.

The constant evolution and intricacy of today's risk environment demand robust financial crime risk management tools. As financial crime threats and risks continuously evolve, an Enterprise-Wide Risk Assessment (EWRA) has become essential for regulated businesses.