RegTech

A survey conducted by IHS Markit and Pirum has found over 70% of regulatory respondents plan to consolidate their diverse reporting processes under a single platform.

UBS Wealth Management USA has agreed to pay a $8m fine to the Securities and Exchange Commission (SEC) over its failure to properly supervise brokers who sold complex exchange-traded products without understanding the risks.

Israeli commercial real estate startup that automates the insurance compliance process for tenants and property managers Jones raised a $12.5 Series A funding round.

Estonian identity verification firm GetID has launched a know-your-customer (KYC) flow builder to help customers set up and deploy personalised online verification procedures.

A survey conducted by regulatory technology business Clausematch has found the RegTech industry has witnessed accelerated growth during the coronavirus pandemic.

A security lapse at insurance technology startup BackNine exposed hundreds of thousands of insurance applications after one of its cloud servers was left unprotected on the internet.

Founded in 2018, the Australian firm Cognitive View analyses customer communication data to identify conduct-related risk. The company – led by CEO Dilip Mohapatra – have had a busy last year, despite the challenges brought about by the pandemic. So what is next for the company?

FinTech companies continue to rake in millions of dollars with a slew of startups graduating to the unicorn club. The 42 ventures in the sector that topped up their accounts last week are proof of that.

The US government has unveiled a new website designed to provide businesses with greater knowledge of the threat posed by ransomware to their companies.

The US government has introduced a new interagency task force aimed at combating the increasing challenge of ransomware on the United States.