Regtech & Legaltech

May 14, 2023 @ 11:13 am By Omar Faridi  |  

Quantexa, a global firm focused on Decision Intelligence (DI) solutions for the public and private sectors, announced that ING is deploying Quantexa’s platform to strengthen its risk detection and investigative efforts. Being a global bank serving 37 million customers, corporate clients, and financial institutions in… Read More

May 12, 2023 @ 5:14 pm By Omar Faridi  |  

Swissquote, which claims to be among Switzerland’s leading online banks, has chosen NetGuardians in order “to enhance fraud mitigation and comply with the AML requirements.” The NetGuardians AI-based financial crime solutions will “monitor all transactions at the bank and on the digital finance app ‘Yuh’,… Read More

May 12, 2023 @ 10:53 am By Omar Faridi  |  

Mia-Platform, an end-to-end platform builder that empowers businesses to smoothly create cloud-native applications, has extended its partnership with London-based RegTech startup, docStribute, in order “to launch a new application for financial services businesses to offer faster, more secure lending.” The service will be “available through… Read More

May 11, 2023 @ 7:34 pm By Omar Faridi  |  

Feedzai, a provider of financial crime and risk management solutions, today announced significant enhancements to its RiskOps Platform, “enabling banks to better protect their customers from a wide variety of financial scams.” These new Feedzai ScamPrevent capabilities “deliver detection, classification, and interception of the widest… Read More

May 10, 2023 @ 5:28 pm By Omar Faridi  |  

Resistant AI, the AI and machine learning financial crime prevention specialists, today announces that Bank of Valletta, the largest bank in Malta, is to adopt its Transaction Forensics product for anti-money laundering (AML). It will “enable the bank to prevent and detect transactions that are… Read More

May 10, 2023 @ 12:22 pm By Omar Faridi  |  

CMFG Ventures, the venture capital arm of CUNA Mutual Group, has announced a strategic investment in DataVisor, a global firm focused on online fraud detection and risk management for financial services and ecommerce, as they expand their services into the credit union market. Credit unions… Read More

May 10, 2023 @ 12:19 pm By Omar Faridi  |  

iDenfy, an AI-enabled identity verification, and fraud prevention tech startup, announced its partnership with Fincapital Partners, an all-in-one banking and asset management platform that offers comprehensive financial services. The company will “leverage iDenfy’s advanced KYC and AML solutions to deliver a seamless customer onboarding process.”… Read More

May 9, 2023 @ 9:56 pm By Omar Faridi  |  

Uppsala Security, a provider of award-winning security tools and services for Crypto AML/CTF, Transaction Risk Management, Regulatory Compliance and Transaction Tracking has announced a partnership with CODE, a South Korean-based virtual asset service provider (VASP) compliance solution. As part of this partnership, CODE has “launched… Read More

May 9, 2023 @ 12:26 pm By Omar Faridi  |  

OneSpan (NASDAQ: OSPN), the digital agreements security company, today announced the launch of new Customer Success Packages, providing modern centralized success service offerings with tiered subscription models for flexible, ongoing customer success with OneSpan solutions. OneSpan Customer Success Packages combine the “traditional” value-added services of… Read More

May 8, 2023 @ 9:29 am By Omar Faridi  |  

Socure, the provider of digital identity (ID) verification and fraud solutions, released a guide for state and local Chief Information Officers (CIOs), Chief Technology Officers (CTOs), and Chief Information Security Officers (CISOs) “to establish effective digital ID programs for their constituents.” During the pandemic, the… Read More

May 7, 2023 @ 3:07 pm By Omar Faridi  |  

BOTLabs GmbH, developer of KILT Protocol, and Deloitte Consulting AG announced the integration of KILT blockchain technology for issuing reusable digital credentials to support KYC and KYB processes. These credentials “have multiple use cases including regulatory compliance for banking and Decentralized Finance (DeFi), age verification… Read More

May 6, 2023 @ 1:23 pm By Omar Faridi  |  

Fraud prevention firm Moonsense announced they have raised $4.2 million in seed funding and the general availability of its user behavioral and network intelligence solution to help organizations future-proof their fraud detection and prevention. Moonsense’s new approach “allows companies to better customize fraud management based… Read More

May 6, 2023 @ 9:22 am By Omar Faridi  |  

Credas Technologies, which claims to be one of the leading identity verification providers, has announced the renewal of its long-standing partnership with iamproperty, further cementing a relationship “with a multi-year agreement that will see iamproperty’s Partner Agents benefit from Credas’ latest features.” Having worked together… Read More

May 4, 2023 @ 10:57 pm By Omar Faridi  |  

Onfido, the global provider of automated digital identity verification and authentication announced that its Real Identity Platform services are now “available for Salesforce (NYSE: CRM) Financial Services Cloud customers.” Financial Services Cloud customers now “have access to a suite of Onfido’s services, including Onfido’s library… Read More

May 4, 2023 @ 9:50 pm By Omar Faridi  |  

Delta Capita, a global capital markets consulting, mutualised managed services and technology provider, announces that it has partnered with Reg X Innovations, a regulatory technology start up, “to launch a new regulatory readiness assessment platform.” Specifically designed to prepare clients for the EMIR Refit, Delta… Read More

May 3, 2023 @ 10:06 pm By Omar Faridi  |  

CYTRIO, a next-generation data privacy compliance company, introduced a comprehensive data privacy UX platform that includes consent and preference management, do not sell my information, Data Subject Access Request (DSAR) management, and policy templates in one data privacy compliance platform. Businesses of all sizes “can… Read More

May 3, 2023 @ 8:24 am By Omar Faridi  |  

Bits Technology, the Stockholm-based startup that focuses on business and customer identity, announces a new €4 million seed funding raise that will help the company further its mission of reshaping how future fintech products are built. Bits will use the funds from the investment round… Read More

April 28, 2023 @ 1:05 pm By Omar Faridi  |  

SlowMist and OKX have recently announced a strategic partnership to focus on “enhancing digital asset ecosystem security, digital asset anti-money laundering (AML), and conducting security technology research.” Both parties will collaborate “to develop comprehensive and innovative security services to address the growing demand for secure… Read More

April 26, 2023 @ 10:27 pm By Omar Faridi  |  

Fenergo, the provider of digital solutions for Know Your Customer (KYC), Transaction Monitoring and Client Lifecycle Management (CLM), announced the appointment of three key C-suite executives who “will play a pivotal role in helping to drive the company’s global expansion and SaaS strategy.” Stephanie White… Read More

April 22, 2023 @ 3:54 pm By Omar Faridi  |  

Veriff, a global identity verification provider, has released enhanced identity verification capabilities tailored specifically for the video gaming industry. The offering “streamlines the identity verification (IDV) process for gamers, while helping gaming platforms safeguard their users by ensuring that players are only able to access… Read More