Home Tags RegTech
Swedish bank Ikano has chosen UK RegTech platform TruNarrative to provide digital onboarding and fraud risk management services for its company.
LegalTech startup Thirdfort has snared £1.5m in fundraising as it seeks to ramp up product development.
UK-based open banking platform TrueLayer has closed a Series D investment round and secured $70m in capital funding.
London-headquartered RegTech firm SteelEye is eying development across North America following two strong funding rounds last year.
A Hollywood-based film company has had its assets frozen after the Securities Exchange Commission (SEC) claims the firm was harbouring a Ponzi scheme.
RegTech firm Muinmos has appointed Emil Kongelys to the newly created role of CTO.
Quantifind, a SaaS platform designed to automate financial crimes investigations and screening, has formed a deal with the Defense Innovation Unit (DIU) within the U.S. Department of Defense.
Spending on RegTech is expected to exceed $130bn by 2025, growing by 290% from the $33bn spent in 2020, a new study from Juniper Research claims.
With every opportunity digital technology has provided to banks, customers and counterparties, it has also altered existing risk and often introduced new risk. While digital transformation is creating major opportunities, understanding and navigating through those risk areas is critical.
AI technology can help financial institutions reduce the amount of daily customer alerts they receive.