Regtech & Legaltech

March 9, 2025 @ 6:40 pm By Omar Faridi  |  

Socure, the AI-driven platform for digital identity verification, fraud prevention, and sanctions screening, announced the launch of its Identity Manipulation Risk Score, the cross-industry predictive risk score designed to stop repeat first-party fraud abusers from “exploiting the digital economy at scale.” This AI-powered capability is… Read More

March 9, 2025 @ 5:13 pm By Omar Faridi  |  

authID (Nasdaq: AUID), a provider of biometric identity verification and authentication solutions, released an extensive new whitepaper detailing innovative approaches to combat the rising threat of deepfakes related fraud in digital authentication systems. The whitepaper, titled “Deepfake Countermeasures,” provides insights into deepfakes as the next… Read More

March 8, 2025 @ 4:20 pm By Omar Faridi  |  

IDnow, an identity verification platform provider in Europe, today announced a new strategic investment from Corsair Capital, a specialist investment firm targeting payments, software, and business services investments in the financial services sector. With this transaction, Corsair will now reportedly acquire a majority stake in… Read More

March 6, 2025 @ 5:55 pm By Omar Faridi  |  

Papaya Global, the workforce payroll and payments platform and Sumsub, a full-cycle verification and compliance solutions provider, announce their new partnership. Sumsub will support Papaya Global with AI-powered automated solutions for secure “verification and fraud prevention, while maintaining speed, accuracy, and regulatory compliance.” The partnership… Read More

March 6, 2025 @ 1:47 pm By Omar Faridi  |  

Elliptic, the global firm focused on digital asset intelligence, is pleased to announce a partnership with Toobit, the cryptocurrency derivatives exchange, to streamline their AML compliance. Toobit has reportedly become one of the “fastest-growing” crypto derivatives platforms worldwide with a “24-hour combined spot and derivatives… Read More

March 4, 2025 @ 6:30 am By Omar Faridi  |  

Socure, the provider of artificial intelligence (AI) for digital identity verification, compliance, and fraud prevention, announced the launch of the company’s AI-powered assistant for its Global Watchlist Screening and Monitoring solution. This AI-driven assistant transforms watchlist screening by improving “how organizations handle sanctions, politically exposed… Read More

March 3, 2025 @ 10:11 am By Omar Faridi  |  

Nasdaq (Nasdaq: NDAQ) announced it has signed an agreement with Austrian Reporting Services (AuRep) to provide the regulatory reporting technology that underpins the Austrian financial services industry. Established back in 2013, AuRep is a collaboration amongst banks and financial service providers in Austria designed to… Read More

February 28, 2025 @ 9:01 am By Omar Faridi  |  

Innovate Finance, the industry body for UK based Fintech firms, has recently announced the launch of RegTech UK with the aim of improving the regulatory and policy environment for a sector that will be a core component of future growth in the UK. Under the… Read More

February 27, 2025 @ 10:07 pm By Omar Faridi  |  

Clara will now aim to offer its customers throughout Mexico, Colombia and Brazil Sumsub’s “full-cycle” verification platform and KYC/AML compliance expertise. Sumsub, a verification and compliance solutions provider, announced its partnership with Clara, the solution in Latin America for corporate expense management. This alliance will… Read More

February 27, 2025 @ 10:01 pm By JD Alois  |  

Shiboleth, described as an AI-powered compliance platform, has emerged from stealth mode. A Y Combinator startup, the company has raised $1.5 million, according to a release. Shiboleth said that it is live with customers and “experiencing high demand” for proofs displaying compliance tech from financial… Read More

February 27, 2025 @ 7:28 am By Omar Faridi  |  

Shares.io selects Fourthline for its KYC procedures The French investment platform Shares.io has reportedly chosen Fourthline as its provider for KYC (Know Your Customer) procedures. Shares.com was created by Benjamin Chemla, an entrepreneur with a clear mission: to give everyone the means to “become a… Read More

February 26, 2025 @ 9:18 am By Omar Faridi  |  

TRM Labs, the enabler of blockchain intelligence solutions, announced an expanded use case for its Wallet Screening solution, enabling fraud prevention teams at FIs and crypto exchanges to be able to “proactively” block fraudulent crypto transfers prior to funds actually leaving customer accounts. With fraudsters… Read More

February 24, 2025 @ 7:26 am By Omar Faridi  |  

Regtech Sumsub have launched their Qualified Electronic Signature (QES) Verification product. The solution is designed to enhance security, compliance, and efficiency in remote user onboarding across the European Union and Norway, compliant with “national laws and eIDAS framework regulations.” Amid the demand for secure and… Read More

February 22, 2025 @ 5:58 pm By Omar Faridi  |  

DiligentIQ, the AI-powered platform for conducting private equity due diligence, has raised up to $12 million in a two-tranche Series A round led by FINTOP Capital and partner JAM FINTOP. The investment will be used to scale DiligentIQ’s team and operations “as it expands its… Read More

February 19, 2025 @ 10:58 am By JD Alois  |  

Trustfull has announced the launch of Domain Intelligence, a package of services that aims to prevent fraud and enable identity verification all powered by artificial intelligence. Based in Milan, Trustfull was created to support businesses by leveraging OSINT-based fraud prevention solutions. Created in 2020, Trustfull… Read More

February 17, 2025 @ 8:20 am By Omar Faridi  |  

Harvey has reportedly finalized a $300 million series D funding round at a $3 billion valuation. Harvey, which is described as the domain-specific (artificial intelligence) AI platform transforming workflows for legal and professional services, has recently confirmed its $300 million Series D financing, bringing its… Read More

February 16, 2025 @ 9:53 pm By Omar Faridi  |  

AU10TIX, a technology firm that’s focused on supporting identity verification and management, released its latest Report on Global Identity Fraud. Obtaining insights from transactions processed around the globe from Jan to Dec 2024, the report uncovers trends in organized identity fraud. “2024: The Year of… Read More

February 16, 2025 @ 10:30 am By Omar Faridi  |  

Elite, a provider of financial management and business operations solutions to law firms, announced the launch of Elite Validate, a “purpose-built” billing compliance solution – powered by AI – that will transform and optimize how law firms manage adherence to Outside Counsel Guidelines (OCGs). Elite… Read More

February 13, 2025 @ 10:06 pm By Omar Faridi  |  

Shyft Network continues to expand its presence in India’s crypto market, announcing a partnership with Unitic for the integration of Veriscope‘s compliance solutions. The partnership comes as India‘s crypto sector continues to develop, blending traditional finance practices “with digital asset innovation in one of the… Read More

February 13, 2025 @ 7:40 am By Omar Faridi  |  

Socure, the provider of artificial intelligence (AI) for digital identity verification, compliance and fraud prevention, announced the general availability of its new RiskOS platform. RiskOS builds on Socure’s acquisition of Effectiv by integrating its orchestration and decisioning engine with Socure’s identity verification and fraud prevention… Read More