Compliance Management

As more people move towards online interactions with financial services organisations, firms are prioritising ways to improve the quality of these customers’ and employees’ interactions. Digital signatures could be the core feature to make a firm stand out from the crowd.

Theta Lake has bolstered its partnership with communications firm RingCentral to include global service provider and cross-industry vertical security and compliance features.

The Financial Conduct Authority (FCA) has issued new guidance to businesses operating remote or hybrid working models.

Data privacy compliance startup CYTRIO has collected $3.5m in seed funding, supporting its goal of helping mid-sized companies meet privacy compliance.

FrankieOne, a dashboard that helps banks and FinTechs improve KYC and AML compliance, has reportedly raised $20m in its Series A round.

NatWest has pleaded guilty to money laundering failings amounting to £365m from UK-based jeweller Fowler Oldfield.

Japan’s Financial Services Agency (FSA) has revealed it intends to make climate disclosures mandatory for large Japanese companies from April next year.

There are few companies to have gone through two foundations, but a shift in core business focus following the financial crisis helped eflow Global become a pioneer in RegTech.

A huge challenge for companies and consumers alike during the pandemic was the inability for business matters to be conducted in-person. As countries globally entered lockdowns, the possibility for wet signatures – a signature commonly done with pen and paper – become almost impossible.

Founded in 2014, RegTech firm Clausematch markets an automated policy management and regulatory change management platform to help financial institutions amongst other regulated organizations digitize their policies and procedures. As organizations look to simplify their regulatory processes, does digitization represent the future of compliance?