RegTech

Interos becomes the latest female-led unicorn after its $100m Series C round upped its valuation to more than $1bn.

US Bank will leverage Sustainalytics, a Morningstar company and provider of ESG research and ratings, to offer ESG data solutions to its Global Fund Services clients.

Operational technology cybersecurity business SIGA OT Solutions has secured funding of $8.1m from a Series B capital raise.

Digital identity startup Jumio has joined NICE Actimize’s X-Sight Marketplace, an ecosystem designed to assist in financial crime management.

Regology, which automates enterprise compliance processes through AI, has netted $8m in its Series A funding round.

US-based subscription management firm Chargebee has raised $125m from a Series G funding round, raising its overall valuation to $1.4bn.

WhatsApp has been hit with a $225m fine by Ireland’s Data Protection Commission after it failed to disclose enough information to users about the data shared with other Facebook companies.

Deposit fraud detection software developer Advanced Fraud Solutions has released a new account validation tool for financial institutions.

A barometer measuring the climate risk preparedness of the global banks and asset managers has found a lot still needs to be done in terms of practical implementation.

In the ongoing global efforts against money laundering, the task of comprehending customer identities has proven to be a crucial element in Know Your Customer (KYC) compliance for financial establishments over the years. However, the perpetual shift in regulations has augmented the expense and intricacy involved in acquiring and maintaining clients.