Compliance Management

RegTech startup Naq, an automated data compliance and due diligence platform, has secured $1.5m in its seed funding round.

Droit, a RegTech company providing companies with intelligent decision-making tools for compliance, has raised $23m in its Series B round.

The Reserve Bank of Australia (RBA) has announced a collaboration with the Digital Financial Cooperative Research Centre (DFCRC) on a research project to explore potential use cases of CBDC in Australia.

Berlin-headquartered RegTech Flagright has announced kevin., which enables businesses to accept payments directly from banks, as its newest customer.

WCKD RZR, a data enablement startup, has launched a new AI-powered software solution that offers see, search and use capabilities for multinational organisations.

While natural language processing (NLP) solutions are helping financial services extract valuable insights from unstructured data, Aveni warns there is the need for human-in-the-loop (HITL).

Quantexa, a developer of decision intelligence (DI) solutions, has acquired Ireland-based Aylien, which builds NLP and advanced AI tools for data to collect, analyse and understand unstructured data.

As regulatory pressures continue to mount, what are the biggest priorities? Aveni, a UK-based RegTech platform, has outlined the top five things financial services CROs are currently prioritising.

In the face of current economic tribulations, companies are tightening their belts, seeking value in every pound spent. At the same time, criminal activity, particularly financial crime, escalates during such precarious times, amplifying the demand for effective and resilient financial crime mitigation programmes.

Red Oak Compliance and Synthesis have worked together to help a global asset manager implement a presentation management and compliance workflow solution.