RegTech

XTransfer eyes upgrade following $138m Series D funding haul

Financial and risk management services provider XTransfer has raised $138m from a Series D funding round led by D1 Capital Partners.

Entersekt releases new FIDO authentication tool

Entersekt, which has built a mobile-based authentication and app security software, has enabled FIDO authentication on its platform.

TransUnion to bolster identity capabilities in $3.1bn acquisition

TransUnion, which claims to foster trust between consumers and organisations, has stepped up its efforts around identification verification with $3.1bn acquisition of Neustar.

Hong Kong’s SFC unveils consultation conclusion on AML/CFT guideline amendments

Hong Kong’s Securities and Futures Commission (SFC) has published the conclusion of a consultation to amend its anti-money laundering and counter terrorism financing guidelines.

How will hybrid working impact the future of broking?

One of the most potentially longstanding trends to emerge over the past year is hybrid working, with the working model expected to persist as the workforce becomes more accustomed to the work-life balance it offers them.

Relyance AI launches out of stealth following funding round close

Relyance AI has launched out of stealth as it hopes to help businesses improve the transparency and visibility of their data to ensure compliance is being met.

South Africa’s Justice Department suffers significant ransomware hack

The global spread of ransomware attacks has continued after South Africa’s Justice Department saw its network encrypted.

Persona becomes the latest RegTech unicorn following Series C close

Identity infrastructure company Persona is the latest RegTech company to join the coveted unicorn status, after its Series C puts its valuation at $1.5bn.

Envelop Risk concludes SoftBank-led Series B with $130m

Cyber and speciality (re)insurance firm Envelop Risk has secured $130m from a Series B funding round led by SoftBank Vision Fund 2.

Bank of England issues letter to banks on regulatory reporting shortfalls

The Bank of England (BofE) has sent a warning letter to banks and building societies for not supplying correct information to help regulators identify risks to the financial system.

News Stories

Over $3bn raised in this week's 29 FinTech funding rounds

Over $3bn raised in this week’s 29 FinTech funding rounds

Over $3bn was raised by FinTech companies this week, supercharged by a colossal €1.5bn raised by UK-based SumUp. 
Intellect Design Arena welcomes Rajesh Mehta to enhance transaction banking strategy

Intellect Design Arena welcomes Rajesh Mehta to enhance transaction banking strategy

Intellect Design Arena, a pioneering FinTech company known for its cloud-native, API-led microservices-based multi-product platforms, has appointed Rajesh Mehta to its Growth Advisory Board.
League data and Mambu revolutionize Canadian credit unions with new digital banking platform

League data and Mambu revolutionize Canadian credit unions with new digital banking platform

League Data and Mambu have embarked on a groundbreaking journey to transform the Canadian financial landscape by introducing advanced cloud banking solutions to credit unions.
Fingerprint and Oscilar unite to enhance fraud prevention in FinTech

Fingerprint and Oscilar unite to enhance fraud prevention in FinTech

Fingerprint, known as the world's most accurate device intelligence platform, is partnering with Oscilar, a leader in AI-driven risk and fraud management.
Open English and dLocal forge strategic partnership to revolutionise local payments in emerging markets

Open English and dLocal forge strategic partnership to revolutionise local payments in emerging markets

Open English, an online English-learning platform operating in over 30 countries, and dLocal, a leading cross-border payment platform specializing in high-growth markets, have recently announced a significant partnership.

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