Tag: RegTech

A Hollywood-based film company has had its assets frozen after the Securities Exchange Commission (SEC) claims the firm was harbouring a Ponzi scheme.

RegTech firm Muinmos has appointed Emil Kongelys to the newly created role of CTO.

Quantifind, a SaaS platform designed to automate financial crimes investigations and screening, has formed a deal with the Defense Innovation Unit (DIU) within the U.S. Department of Defense.

Spending on RegTech is expected to exceed $130bn by 2025, growing by 290% from the $33bn spent in 2020, a new study from Juniper Research claims.

With every opportunity digital technology has provided to banks, customers and counterparties, it has also altered existing risk and often introduced new risk. While digital transformation is creating major opportunities, understanding and navigating through those risk areas is critical.

AI technology can help financial institutions reduce the amount of daily customer alerts they receive.

Despite the Covid-19 crisis, Castlepoint Systems has managed to grow and is now gearing up to tackle data compliance issues around the world.

Axonius, which designs cybersecurity asset management solutions, has raised $100m in its Series D round, which brings its valuation to $1bn.

Sawayo, which is building a SaaS compliance and workflow automation platform, has bagged €1.5m in seed funding.

To ensure more efficient regulatory reporting, Deutsche Kreditbank (DKB) – subsidiary of Bayerische Landesbank – will now leverage Management and technology consultancy BearingPoint RegTech’s full service offering including Abacus360 Banking and RegTech Factory.