Ascent RegTech expands team with new chief operating officer hire
Ascent RegTech, a compliance automation platform, has expanded its executive team with the addition of Arbela Takhsh as its new chief operating officer. Takhsh has... Read More
How is GDPR impacting insurance firms and what are they doing to ease compliance?
GDPR has not just been burdensome on financial services, but offered new opportunities, whether it’s getting firms to actually understand their data or even improving... Read More
CleverTap secures $26m Series B at a company valuation of over $150m
Customer lifecycle management platform CleverTap has secured $26m for its Series B round of funding, valuing the company at more than $150m. The capital injection... Read More
Offshore Bank using KYC Portal to automate 60% of all retail on-boarding
Aqubix’s KYC Portal has revealed an unnamed offshore bank has deployed its KYC and due diligence solution to automate 60 per cent of its retail onboarding... Read More
World Federation of Exchanges welcomes FATF’s virtual asset service provider recommendations
The World Federation of Exchanges (WFE) has welcomed the recommendations from the Financial Action Task Force (FATF) on mitigating risks associated with virtual asset service... Read More
Outdated understandings of money laundering risk and legacy screening tools are leaving FIs vulnerable
Companies need to rapidly evolve their understanding of money laundering risk to more effectively manage their vulnerabilities according to Stephen Platt, Chairman and CEO at... Read More
Theta Lake among the 11 companies to make the new FinTech Innovation Lab cohort
RegTech 100 company Theta Lake is one of the new 11 companies to make the FinTech Innovation Lab New York 12-week program. The accelerator was... Read More
Onfido pulls in $50m in round led by Softbank and Salesforce
Identity verification platform Onfido has pulled in $50m in it’s funding round led by Softbank Investment and Salesforce Ventures. Other participants to the round included... Read More
New Zealand’s FMA reveals new focuses for AML/CTF
New Zealand’s Financial Markets Authority (FMA) will increase reviews on independent audits as well as client onboarding and account monitoring processes. The FMA has published its... Read More
FCA, SEC sign MoUs to reaffirm cooperation after Brexit
The UK’s Financial Conduct Authority (FCA) and US Securities and Exchange Commission (SEC) have signed two memoranda of understandings (MoU) to reaffirm cooperation following Brexit.... Read More