Risk Management

Personal finance management platform CompareAsiaGroup has filled its coffers with a $20m capital injection courtesy of Experian, a credit reporting bureau.

Financial services organizations just got another way to beef up their protection against online application fraud as Emailage, the online fraud prevention and email risk assessment company, has signed a partnership with Featurespace, the risk detection and fraud prevention company.

Canada-based Fintech Select’s subsidiary has been slammed with a statement of claim by Her Majesty the Queen in Right of Alberta.

Investment in RegTech companies has reached record levels in the first six months of 2019. The question is why that is and if the growth will continue.

Ontario-based Carta Worldwide, the transaction processing solutions provider, has partnered up Konsentus, the identity and regulatory checking services. The partnership will help ensure Carta Worldwide’s clients are compliant with EU’s Revised Payment Service Directive (PSD2).

TSB Bank has joined forces with Jumio, the identity-verification startup, to enable customers to access their bank accounts with a selfie. However, old people may not be keen to use it.

Credit-checking company TransUnion has been around since the 1960s, but is still churning out new tools. It has now launched TrueVision, a suite of tools that uses big data to empower users to better evaluate credit risk.

Business intelligence and analytics company MHR Analytics’ survey has unearthed that 73% of respondents are not confident about their data and numbers on month-end closes and audit submissions.

Wisconsin-based FinTech firm Fiserv is going to boost the compliance of the Pan-American Life Insurance Group’s (PALIG) anti-money laundering (AML) and risk management.

Kantox has closed its second venture debt financing from Silicon Valley Bank, securing a new €5m loan package.