Tag: RegTech

RegTech 100 company W2 Global Data, an identity verification provider, has raised £1.25m in a funding round.

TrueLayer, an API developer for financial institutions, has raised $7.5m to expand across Europe.

Railsbank, a UK-based open banking and RegTech platform, has won a €100,000 venture capital award.

Parker Fitzgerald, a strategic advisor and consulting partner to financial institutions, has expanded its Cyber Risk and RegTech practices with two new hires.

Exiger, a provider of regulatory, financial crime, risk and compliance solutions, has raised a $80m investment from Carrick Capital Partners.

SmartCard Marketing has launched a blockchain-based solution to create digital ID keys for Financial Institutions, Merchants and individuals to transact and maintain compliance.

RegTech has turned compliance officers and risk officers into strategic decision makers who can ‘drive immense value’ according to Zac Cohen, general manager of Trulioo.

RegTechs should focus on going for smaller branches and countries to prove their technology works, which in turn will make it easier to scale up, according to a panel at the Global RegTech Summit 2018.

Redpoint Ventures has closed its seventh early-stage fund on $400m, raising the same total as its predecessor which closed in 2015.

IBM has further expanded into RegTech by launching a suite of cognitive solutions to help financial institution professionals manage their regulatory and fiduciary responsibilities.