RegTech

A recent report by TechRobot has scrutinised the real-world and cyber-world crime rates of the 36 OECD countries and examined how well-informed citizens are on the topic.

Effectiv, a developer of no-code risk management service, has scored $4m in its seed funding round.

Coinfirm, an anti-money laundering (AML) and counter-terrorism financing (CTF) platform, has ended its token sale with more than $19m worth of AMLT Tokens.

Profian, a confidential computing platform that helps companies safeguard their data, has closed its seed round on $5m.

Representatives from Libra will be interviewed by officials from 26 global central banks on Monday in a bid to ease worries about its impact on the financial market. At the same time, investor interest in crypto seems to waning.

The Monetary Authority of Singapore (MAS) has called for finance companies incorporated in Singapore to cap their total dividends per share for the financial year 2020 at at 60% of 2019’s level.

Singaporeans can now access online digital government servicesusing facial verification implemented by iProov and and Toppan Ecquaria.

Zenus Bank is a new neobank based in Puerto Rico. In preparation of its planned fourth quarter launch, it has now tapped RegTech company NICE Actimize for its autonomous financial crime management.

From crypto startups raising millions despite Elon Musk pulling out of the bitcoin frenzy to subscription-based firms capitalising on the Covid-19 crisis, this is what you can learn from the 40 FinTech funding rounds of last week.

The EU might be gearing up to change some of the rules regulating retail and insurance-based investment products (PRIIP), but MirrorWeb warns that financial firms should worry more about the rules already in place.