Tag: RegTech

MirrorWeb, a prominent player in the digital communications archiving and regulatory compliance software arena, has successfully secured a $63m growth equity investment from Mainsail Partners.

In the rapidly evolving financial services industry, firms are under increasing pressure to enhance productivity and streamline their operations. This challenge is compounded by the sheer volume of data they handle, which can create significant information chaos, lead to costly mistakes, and perpetuate inefficient manual processes.

Sedric AI, a leading innovator in AI-driven compliance solutions for financial institutions, announced today that it has successfully secured $18.5m in Series A funding.

When delving into the complexities of KYC and KYB procedures, it's evident that these frameworks are pivotal in safeguarding financial systems.

The Artificial Intelligence Act officially came into force on 1 August 2024. The Act, one of the first of its kind, establishes a common regulatory and legal framework for AI within the European Union. How will it impact the financial sector?

Ross McGill, the Chairman and founder of TConsult Ltd, has a profound history in steering the company through two decades of regulatory evolution.

European RegTech investment stats in Q2 2024: RegTech deal activity in Europe fell by 74% for Q2 2024 in YoY comparison The average deal...

The SEC and the CFTC have recently imposed fines totalling $477.75m on 26 broker-dealers and investment advisers for failing to comply with electronic communication recordkeeping requirements. This latest enforcement wave pushes the total fines levied for similar violations to over $3bn, underscoring the serious, ongoing issue of non-compliance within the industry.

Treasury Prime has announced its latest collaboration with Kobalt Labs, a firm specializing in AI-powered compliance solutions.

Moody’s and Elliptic have announced a strategic partnership aimed at revolutionising virtual asset service provider (VASP) screening.