Regtech & Legaltech

April 22, 2023 @ 2:07 pm By Omar Faridi  |  

As part of its goal to provide clients with meaningful innovation and improvement, Wolters Kluwer Enablon has released V9 2023 of the Enablon Vision Platform, its integrated risk management platform. This major release reportedly “brings valuable changes, additional functionality, and usability enhancements to the Enablon… Read More

April 21, 2023 @ 8:26 am By Omar Faridi  |  

Modyo, with their composable frontend platform, has announced a strategic partnership with Jumio, the online identity verification and authentication platform. This is a key move for Modyo’s ecosystem of solutions. Jumio is described as being “a valuable partner in creating incredible technology that is helping… Read More

April 20, 2023 @ 10:31 pm By Omar Faridi  |  

LexisNexis Risk Solutions recently published a white paper produced by Aite-Novarica exploring the challenges in addressing sophisticated fraud threats “following increased digital adoption and consumers’ high expectations for online transactions.” The white paper, Multifaceted Fraud Attacks: Behavioral Biometrics as a Defensive Tool, explains “that most… Read More

April 20, 2023 @ 10:29 pm By Omar Faridi  |  

Regulatory technology firm, Kaizen Reporting announced that it has acquired Red Deer, a provider of integrated compliance solutions for surveillance and research workflows. Red Deer’s proprietary technology platform “provides surveillance and research tools that help middle office and compliance teams at banks, asset management and… Read More

April 17, 2023 @ 8:38 am By Omar Faridi  |  

Inadequate enterprise case management results in investigator frustration and operational inefficiency. Taking on these challenges, NICE Actimize, a NICE (NASDAQ: NICE) business, launched its ActOne10 Case Management solution “to provide financial institutions with the speed, agility, intelligence, and connectivity to lead the way in fighting… Read More

April 14, 2023 @ 5:03 pm By Omar Faridi  |  

Regtech provider Know Your Customer is pleased to announce its latest strategic clients in Singapore: Volopay and Coda Payments. Know Your Customer’s compliance platform will aim to “streamline client onboarding and periodic review tasks for both clients, delivering a more seamless due diligence experience to… Read More

April 14, 2023 @ 3:12 pm By Omar Faridi  |  

Riskified (NYSE:RSKD), a key played focused on eCommerce risk intelligence, announced its partnership with Deloitte, which supports fraud and financial crime advisory services, to empower merchants “with real-time insight into how their chargebacks, approval rates and fraud costs compare to similar companies in their space.”… Read More

April 13, 2023 @ 10:19 pm By Omar Faridi  |  

Iris Powered by Generali, provider of a proprietary identity and cyber protection platform,  announced the launch of ScamAssist, a dedicated service to help Iris’ clients provide customers comprehensive and rigorous protection against email, phone, text, and direct mail scam attempts. In conjunction with the launch,… Read More

April 13, 2023 @ 7:14 pm By Omar Faridi  |  

Veriff, a global identity verification provider, announced its new Know Your Customer (KYC) Education Center. Offering a comprehensive library of KYC articles and guides, the hub “acts as an essential resource for businesses looking to remain compliant with quickly evolving Anti-Money Laundering (AML) and Counter-Terrorist… Read More

April 13, 2023 @ 1:56 am By Omar Faridi  |  

Sumsub, a global tech company that provides customizable KYC, KYB and AML solutions for the whole user journey, published its Complete Guide to Transaction Monitoring “to provide a detailed picture of transaction monitoring as an integral part of the verification system.” The guide was “prepared… Read More

April 12, 2023 @ 11:44 am By JD Alois  |  

It is that time of year again taxes are due in the US. The only groups that like tax season are the ones that benefit – state, local, and federal government – and tax preparers that earn their keep by navigating the byzantine process of… Read More

April 12, 2023 @ 10:29 am By JD Alois  |  

Brassica, a Fintech that holds Wyoming Trust Charter, has raised $8 million in Seed funding having emerged from stealth. Leveraging proprietary technology, Brassica aims to provide scalable “investment infrastructure as a service” via “Web 2.5.” The funding was led by Mercury Fund, with the participation… Read More

April 10, 2023 @ 6:27 am By Omar Faridi  |  

Quantexa, a global firm focused on Decision Intelligence (DI) solutions for the public and private sectors, announced today that it has completed a $129 million Series E funding round. The latest investment round “secures the British tech company’s unicorn status with a valuation of $1.8… Read More

April 8, 2023 @ 4:56 pm By Omar Faridi  |  

Várri Consultancy, an independent management consulting boutique specialising in strategy, risk and governance advisory, is pleased to announce it has signed an agreement with Clausematch, a technology company developing solutions for regulatory compliance. This is reportedly “the first collaboration with a business in the Middle… Read More

April 8, 2023 @ 4:53 pm By Omar Faridi  |  

ID.me, the secure digital identity network, announced that more than 100 million Americans have signed up for an ID.me Digital Wallet to speed access to services and benefits. ID.me’s Wallet implements “a verify-once-anywhere, get-frictionless-access-everywhere approach to login and identity.” This milestone “represents significant progress toward… Read More

April 5, 2023 @ 10:00 pm By Omar Faridi  |  

Finance Incorporated Limited, a gateway provider of electronic money services, announced today it has selected ThetaRay AI-powered transaction monitoring technology to further “strengthen its AML framework and grow business alongside increasing volumes of transaction data.” The agreement with ThetaRay “to implement the SaaS-based SONAR AI… Read More

April 4, 2023 @ 10:17 am By Omar Faridi  |  

Fourthline, the RegTech that provides AI-powered and compliant KYC and AML solutions, has raised €50 million from new and existing institutional investors. The Fourthline platform “provides banks and financial services providers with a complete suite of proprietary tech products that adhere to local KYC, AML… Read More

April 3, 2023 @ 1:58 pm By Omar Faridi  |  

Carahsoft Technology Corp., The Trusted Government IT Solutions Provider, announced that its vendor partners Okta, the independent identity partner, and Socure, the  provider of digital identity verification and fraud solutions are offering Federal, State, and Local Government agencies identity management and verification technologies “to help… Read More

April 3, 2023 @ 11:27 am By Omar Faridi  |  

CSI, a provider of end-to-end fintech and regtech solutions, announced today it has partnered with Hawk AI, a global provider of anti-money laundering (AML) and fraud prevention technology for banks and payment companies, “to deliver its latest products, WatchDOG Fraud and WatchDOG AML.” The products’… Read More

April 2, 2023 @ 10:44 am By Omar Faridi  |  

Pidgin, a secure, real-time payments platform built for the future of payments, has partnered with Effectiv, a fraud-fighting and compliance automation platform “to help financial institutions monitor transactions to detect and prevent payments fraud in real time.” Through the partnership, financial institutions using Pidgin’s faster… Read More