Tag: 2023 RegTech

Frankfurt-based firm Deutsche Börse is inching towards closing its €3.9bn takeover of the Danish investment management software company SimCorp.

The Commerce Fraud Bureau has formally charged a Minnesota broker with alleged involvement in a $650k fraud scheme. 

FairPlay, the world's first Fairness-as-a-Service company, is announcing a new partnership with FS Vector, in a bid to introduce fair lending to more financial service firms.

Vesttoo ended 2022 by obtaining the much coveted Unicorn status, however 2023 has been anything but a fairytale, as the Israeli FinTech has found itself mired in the midst of a public fraud scandal.

The Tel Aviv District Court has approved the seize of a total of NIS $30m from the ousted Vesttoo co-founders Yaniv Bertele and Alon Lifshitz.

Theta Lake Inc has revealed that it has extend its existing partnership with RingCentral to bolster its compliance suite.

credolab has partnered with Circulo de Credito in a bid to raise financial inclusion levels in Mexico.

With the traditional business landscape being pulled apart due to the ever-hastening digitalisation of our world, traditional brick-and-mortar business has become outdated. We now operate in a world thriving on third party relationships, but that extra complexity comes with extra risk.

Identifying the legitimacy of businesses and merchants is not just a routine procedure – it's an essential protective measure for banks and financial institutions. But how can you verify if a business is legitimate? Fenergo delves into the concept of KYB.

Finastra has teamed up with financial crime specialists Fincom and ThetaRay to offer pre-packaged compliance screening for banks delivering instant payments.