RegTech

Many RegTech solutions have artificial intelligence at the core of their solutions, but the founder of Ascent has warned that they need to be aware of the ethical pitfalls using the technology can entail.

Starling Bank, a leading British digital challenger bank, has chosen Napier, a London-based intelligent compliance technology firm, as its preferred platform for Anti-Money Laundering (AML) and counter-terrorism financing (AML/CTF). The partnership aims to enhance the bank's financial crime compliance.

A recent study from Theta Lake, a pioneer in digital communications governance, found that 69% of IT and compliance professionals expect the use of unified communication and collaboration (UCC) tools to increase in 2024. With firms using an average of 4.6 communication and collaboration tools, it is evident that UCC tools have become an embedded and essential part of modern business, but firms must ensure they are compliantly getting the full value of these tools.

Identity protection platform Aura has launched an innovation fund and made its inaugural investment into Cybersecurity training platform HacWare.

RegTech100 company Theta Lake’s latest video explains how it has integrated with LogMeIn to boost video conference recording and compliance.

A half-year report by Accenture’s cyber investigations, forensics, and response team has discovered cases of cybercrime climbed by triple digits in H1 2021.

The Bank of International Settlements (BIS) has warned of the escalating risk of a price bubble in environmentally-friendly-focused asset markets.

Flow Traders has deployed Corvil’s Intelligence Hub to streamline compliance with Order to Transaction Ratio (OTR) requirements.

ASDA, a leading retail giant in the UK, has teamed up with Accertify, a subsidiary of American Express, known for its comprehensive fraud prevention solutions.

PassFort, which automates financial crime and compliance processes, has closed its Series A round on $16.2m.