Regtech & Legaltech

Legaltech: India-based Legal, Tax, Compliance Firm Vakilsearch Launches Startup Gear Campaign

The Citizens Jury Wheel Legal Court Trial Justice Judge Law

India-based Vakilsearch, a legal, tax and compliance firm, has again launched the Startup Gear campaign. The campaign is conducted twice each year in order to assist emerging businesses in adhering to regulatory requirements, and to help startups with company registration procedures, getting assistance in drafting… Read More

Regtech: NYDFS Is Reportedly Planning to Hire a Director to Help the Regulator Design, Implement, and Manage a Regulatory technology Platform

The New York Department of Financial Services (NYDFS), the financial and digital currency regulator for the state of New York, appears to be to developing regulatory technology (Regtech) solutions in order to enhance its existing oversight and supervising capabilities. The NYDFS is reportedly looking for… Read More

Saxo Bank and Geely Sweden Holdings to Offer Financial and Regtech Products to Chinese Financial Institutions

Saxo Bank A/S and Geely Sweden Holdings AB, a subsidiary of Zhejiang Geely Holding Group Co. Ltd., revealed on December 18 that they have agreed to take part in a technology project to offer financial and regulatory technology (Regtech) products to financial institutions including major… Read More

Regtech: ComplySci, a Regulatory Technology Provider, Establishes New London Office to Meet Growing Client Requirements

ComplySci, a provider of regulatory technology (Regtech) for financial and professional services firms, revealed on December 17 that it’s moving to a new business office located in London’s Tech City. The company’s new office will be home to ComplySci’s growing London-based team, which is currently… Read More

China: WeiyangX Fintech Review

Winners of 2019 Global Fintech Venture Competition Announced On December 15th, the award ceremony of 2019 Global Fintech Venture Competition (hereinafter referred to as the “Competition”) was held at Tsinghua University. With the guidance of Tsinghua IFR and support from Haidian District People’s Government of… Read More

Legaltech: China’s “Smart” Courts Are Reportedly Using Blockchain and AI to Decide Legal Disputes

China’s “smart” courts have reportedly been implementing various innovative technologies such as blockchain and artificial intelligence (AI) to help decide legal cases. Local media outlet Xinhua news revealed recently that over 3.1 million Chinese litigation matters from March to October 2019 were handled via the… Read More

Regtech: Centenal, CustomerXP, Dathena, IDfy, Merkle Science are the Top 5 Asian Regulatory Tech Firms according to Regtech100

Regtech100 recently published its latest list of the world’s top or best 100 regulatory technology (Regtech) firms. There were five Regtechs on the list that are based in Asia. Regtech100 compiles a list of the 100 most innovative Regtech firms each year. The list aims… Read More

Starling Bank Adds First Legal Services Partner to Business Marketplace

UK-based digital banking platform Starling Bank announced on Monday it has added its first legal services partner, Sparqa Legal, to its business marketplace. According to Starling, the partnership will bring affordable legal services to the marketplace’s 88,000 small business customers. “Starling Business Account holders can… Read More

Legaltech: India’s Lawyered, a Legal Technology Company, has Raised $100,000 from Angel Investors

Finding a good law firm to work with can be challenging, however, Lawyered aims to make it simpler, easier and faster to get the legal services companies may need. The legal technology (Legaltech) startup has reportedly raised $100,000 from various angel investors. The investors include:… Read More

Legaltech: Deloitte’s Law Division Introduces New Program Aimed at “Propelling” Early Stage Legal Technology Firms

Big Four professional services firm Deloitte’s law division has introduced a program aimed at “propelling” early-stage Legaltech firms while using their products. Via Deloitte Legal Ventures, the Legaltech startups will allow the Deloitte Legal team to use their line of products and services from their… Read More

China Fintech Bluebooks: Cyberfraud in China Now a $16 Billion USD Industry

Scams involving new financial technologies comprise a 110 billion yuan ($16 billion USD) industry in China, according to the publishers of three blue books covering the current state of Fintech, Regtech and blockchain in China. While producing some conveniences, new financial technologies like cryptocurrencies are… Read More

Legaltech: Bootstrap Legal and Sosnow & Associates Merge

Legaltech platform Bootstrap legal has merged with Sosnow & Associates, the law firm launched by Robin Sosnow. Bootstrap Legal is a Legaltech platform that streamlines the process of drafting legal documents for real estate offerings. Bootstrap Legal is the creation of its affiliate, the Law… Read More

Regtech: Crypto Compliance Firm TRM Raises $4.2 Million in Funding from Blockchain Capital, PayPal Ventures, Others

TRM, a digital currency compliance and risk management service provider, recently revealed that it has acquired $4.2 million in funding from Blockchain Capital, Initialized Capital, PayPal Ventures, and Y Combinator. As noted in a release, TRM has raised a total of $5.9 million through its… Read More

Report: Fintech Solutions to be Increasingly Adopted by Banks and Governments in 2020

In order to encourage the development of innovative solutions while supporting financial inclusion, banks and world governments are expected to increasingly adopt Fintech-based solutions next year. This, according to a recent report from Ecosystm, a “disruptive” technology research and advisory service. The report, titled “Ecosystm… Read More

Regtech: AML and Counter-Terrorism Financing Firm Silent Eight Raises $6.2 Million via Series A Round

Silent Eight, a Singapore-based regulatory technology (Regtech) company, announced on November 14 that it had raised an oversubscribed $6.2 million through a Series A investment round. The funds raised will be used to recruit new talent in order to support Silent Eight’s new clients who… Read More

Regtech: Wells Fargo and Dutch Financial Giant ING Lead Ascent’s $19.3 Million Round to Expand Company’s Compliance Solution

San Francisco-based Wells Fargo, the fourth-largest bank in the US by total assets, and Dutch banking giant ING led a $19.3 million round in Chicago-based Regtech firm Ascent Ascent provides a cloud-based platform that helps financial services providers to keep their business operations compliant. The… Read More

Australian Senate Select Committee on Fintech & Regtech Publishes Issues Paper

The Australian Senate Select Committee on Financial Technology (Fintech) and Regulatory Technology (Regtech) has published an “Issues Paper outlining what it intends to review and report back to the Senate. The Committee was established in September 2019 and consists of six senators. The Fintech and… Read More

Regtech: London-based Crypto Firm Knabu Is Testing Bank Regulatory Reporting with Blockchain Firm Factom

London-based crypto firm Knabu is reportedly testing bank regulatory reporting with US-based Factom, Inc., a blockchain innovations company that provides various blockchain as a service (BaaS) platforms. In statements shared with Coindesk, the UK-based company revealed that it launched its 30-day pilot on October 31,… Read More

UK-based Centre for Finance, Technology and Entrepreneurship Announces New Online Regtech Course

The Centre for Finance, Technology and Entrepreneurship (CFTE), an education platform supported by veteran leaders from major institutions, innovative startups and universities, has revealed that it’s launching an online Regtech course. According to a press release shared with CrowdFund Insider, the course has been designed… Read More

Regtech Firm Exec Says EU’s 6th Anti-Money Laundering Directive “Clears Path for Holding Responsible Parties Accountable”

The European Union’s sixth anti-money laundering directive (6AMLD) is expected to take effect on December 3, 2020. The new directive recommends several penalties for non-compliance.  EU Member States are required to have 6AMLD incorporated into their national legislation by December of next year and related… Read More

Send this to a friend