RegTech

The monetary authorities in Hong Kong and China have agreed to create a one-stop sandbox platform to help companies develop cross-border FinTech products quicker.

Clausematch, which builds tools to automate policy management and compliance, is now used by 90,000 Barclays Bank employees around the world.

Smart security camera startup Rhombus Systems has secured $10m in capital from a Series A funding round.

A recent reported by InsurTech firm Embroker has found up to 63% of small and medium sized firm owners believe they are not at risk from a ransomware attack.

Data and analytics software company Quantexa has formed a deal with KPMG in the UK, which will see it deploy its technology to help the auditing giant with combating international financial crime.

Customer data privacy company Skyflow has collected $45m in Series B funding, which was led by New York-based private equity firm Insight Partners.

The Covid-19 pandemic has accelerated most companies’ digitalisation plans, but one of the standout solutions might have been e-signatures.

Breach and attack simulation solution Picus Security has closed a $24m Series B funding round led by investment firm Turkven.

Cybersecurity company Valence has secured $7m in a seed funding round led by YL Ventures.

Solutions for onboarding and due diligence handle very sensitive and critical data on subjects. Before implementing a tool, a firm needs to be confident the data will be held safely.