RegTech

The technological revolution is making the job of compliance officers increasingly intricate. From record-keeping to monitoring approved communication channels and adapting to the ever-changing world of social media advertising, the list of challenges seems endless. A burning question for many is the potential influence of large language models (LLMs) on their profession. Will LLMs simplify their tasks or add complexity?

The European Banking Authority (EBA) has called on banks to consider long-term horizons in their strategies and business activities after pressures on short-term goals.

UK open banking platform TrueLayer has partnered with Spanish FinTech HeyTrade to launch a new digital trading app in Spain.

The 2024 BIBA Manifesto, titled "Managing Risk for Growth and Economic Security", has been warmly received by FullCircl.

As companies move more operations online, the need for digital signatures will only increase. Many people have signed contracts or legal documents digitally. While they seem like simple tools, these solutions need to ensure the signatory is really who they claim to be.

California-based Dome9 Security, a provider of cloud infrastructure security solutions, has raised $16.5m in Series C funding.

UK-headquartered identity verification and fraud prevention company GBG has entered an agreement to acquire Acuant, a leading identity verification and KYC/AML compliance provider for a...

Global Screening Services (GSS), a forefront runner in the RegTech industry, has successfully completed its Series A2 funding round, securing over $47m (£37m).

European automated compliance platform Naq, has successfully secured a significant €3m (£2.6m) investment, marking a pivotal step in the advancement of healthcare and medical compliance across the UK and the EU.

Christopher Woolard is stepping in as the interim chief executive of the Financial Conduct Authority (FCA) as the old chief executive Andrew Bailey is leaving to become the governor of the Bank of England.