RegTech

MondoBrain collects $13.3m to boost international sales/marketing efforts

MondoBrain, which provides enterprise augmented intelligence to support business decisions, has collected $13.3m in its Series A round.

How to maintain compliance through rising use of videos in business

Theta Lake and Vidyard explained the growing need of implementing video in businesses and how to ensure this is meets the necessary regulatory requirements, at the Global WealthTech Summit.

Kotak releases open banking platform to boost collaboration with FinTechs

India-based Kotak Mahindra Bank has released an open banking platform to support collaboration among FinTechs, enterprises and app developers.

SaaS-focused Storm Ventures registers sequel to $180m Fund V

Storm Ventures has registered its intention to raise its sixth flagship venture capital vehicle. No target has been announced so far, however the firm pulled...

Due diligence startup Neotas collects £1m investment

London-based due diligence and HR screening platform Neotas has secured £1m in its latest equity round.

Pass Technology scoops up £3.25m in new funding round

Pass Technology Group, a background checking and regulatory solution developer, has bagged £3.25m in a new financing round.

SteelEye bags £5.7m in Illuminate Financial led round

UK RegTech SteelEye has raised £5.7m in a Seed funding round led by FinTech-focused VC Illuminate Financial. SteelEye is a regulatory compliance technology and data...

The Association for Financial Professionals finds accounts payable systems at risk

The Association for Financial Professionals (AFP) has called for all businesses to improve their accounts payable systems as payment fraud attacks become more sophisticated.

Bearingpoint partners with IBM to launch RegTech offering

BearingPoint’s RegTech product unit has partnered with tech major IBM to launch a new business process outsourcing offering .

Finastra partners with FINCA to support its IFRS9 compliance

Finastra’s Fusion Risk has been deployed by FINCA Impact Finance to support its IFRS9 regulatory requirements.

News Stories

AML

Leveraging AI to enhance efficiency in AML sanctions screening

False positives in AML compliance typically occur when a transaction or customer record wrongly flags a potential match with a sanctioned entity.

EU launches new anti-money laundering agency in Frankfurt to bolster financial security

MEPs have approved the establishment of a new EU anti-money laundering agency, which will be based in Frankfurt.

Tackling money laundering: How KYC loopholes are exploited by criminals

KYC protocols serve as the cornerstone of AML efforts, obliging financial institutions to verify their customers’ identities.

FINSIGHT acquires T-REX to revolutionise global private credit analytics

FINSIGHT has acquired T-REX to advance cashflow analytics in the global private credit and structured finance sectors.
Egress

KnowBe4 acquires Egress to enhance AI-driven email security

KnowBe4 has announced its plans to acquire Egress, a prominent figure in adaptive and integrated cloud email security.

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