Regtech & Legaltech

August 2, 2022 @ 8:38 am By Omar Faridi  |  

OneID, the UK-headquartered identity tech firm that makes it simpler for consumers to prove who they are online or in an all-digital environment, recently announced that it has teamed up with DocuSign in order to offer government-certified ID verification to the firm’s electronic signature solution,… Read More

July 31, 2022 @ 6:25 pm By Omar Faridi  |  

Jumio, which claims to be the leading provider of orchestrated end-to-end identity proofing, eKYC and AML solutions, recently announced the “highest sales” of any quarter in the history of the company, “fueled by an ongoing need for modern enterprises across all industries and geographies to… Read More

July 28, 2022 @ 10:58 am By Omar Faridi  |  

EquiLend, the global financial technology, data, and analytics company for the securities finance industry, announced the launch of EquiLend Regtech Solutions, a new division developed “to support clients in meeting global regulatory requirements.” The EquiLend Regtech Solutions group was “launched as part of a company-wide… Read More

July 17, 2022 @ 6:30 pm By Omar Faridi  |  

Incode Technologies, a key player focused on identity verification and authentication for global enterprises, recently announced the expansion of its Serbian development center “to accelerate development of its privacy-centric approach to authenticating identities worldwide.” Incode’s steady growth rate is fueled by its latest cycle of… Read More

July 6, 2022 @ 8:43 am By Omar Faridi  |  

WiseWorks AI, the communications intelligence platform, has acquired a $1.2 million investment in order to develop a comprehensive solution for financial institutions to analyze surging virtual communications for compliance and to automate routine tasks. The oversubscribed investment round has been led by Veridian Ventures, with… Read More

July 5, 2022 @ 7:57 am By Omar Faridi  |  

Fenergo, the provider of digital solutions for Know Your Customer (KYC) and Client Lifecycle Management (CLM), has launched a solution to “enable financial institutions to reduce regulatory and reputational risk and streamline operations for ESG compliance.” This allows firms to automatically “calculate climate, reputational and… Read More

June 29, 2022 @ 8:14 pm By Omar Faridi  |  

CanDeal Group, an operator of Canadian market and infrastructure services, has teamed up with five of Canada’s biggest local banks “to deliver a comprehensive, centralized Know Your Client (KYC) solution to the Capital Markets Industry.” The collaboration mutualizes many of the costs and efforts of… Read More

June 28, 2022 @ 1:26 pm By Omar Faridi  |  

Fyllo, which claims to be the leading platform providing data-driven marketing and regulatory solutions to drive new growth, recently announced its expansion into the cryptocurrency vertical. The Fyllo Regulatory Database is available “across the U.S. to help businesses ensure their current and planned cryptocurrency products… Read More

June 28, 2022 @ 8:20 am By Omar Faridi  |  

With its innovative tech, Provenir provides an AI-powered decisioning platform that can “assess risk in areas like identity, credit, and fraud.” The company prides itself on working with established partners, such as SEON who are able to “provide groundbreaking technology that can be incorporated within… Read More

June 25, 2022 @ 10:21 am By Omar Faridi  |  

Sardine, the behavior-based fraud, compliance and payments platform, announced Simon Taylor as its Head of Content & Strategy. The appointment has been made after Sardine achieved its milestone of acquiring over 100 customers. Sardine aims to transform how companies “move money and fight fraud through… Read More

June 14, 2022 @ 7:00 am By JD Alois  |  

Clausematch, a global Regtech firm, has closed on a $10.8 million investment round led by Lytical Ventures, Flashpoint and Sony Innovation Fund, according to a corporate statement. Clausematch said the funding will be used to boost its activities in the US and invest in its… Read More

June 13, 2022 @ 9:24 am By Omar Faridi  |  

ComplyAdvantage, a global data technology company transforming financial crime detection, announced that Mark Watson has been “named as the company’s Chief Technology Officer and newest addition to the leadership team.” In his role, Mark will “lead all engineering and technical innovation efforts including the expansion… Read More

June 9, 2022 @ 11:47 am By Omar Faridi  |  

Kroll, the provider of data, technology and insights related to risk, governance and growth, today released its 2022 Anti-Bribery and Corruption Benchmarking Report, which found that 70% of survey respondents in the U.S. and Canada “ranked their anti-bribery and corruption (ABC) programs as effective, with… Read More

June 5, 2022 @ 4:54 pm By Omar Faridi  |  

The team at Alloy, which specializes in identity verification APIs that make KYC/AML “effective and simple,” has looked into how DeFi has evolved into a “major” sector of crypto without running KYC or AML checks on users. The Alloy team members have looked at “Permissioned… Read More

June 1, 2022 @ 11:06 pm By Omar Faridi  |  

Regtech firm Tintra PLC has revealed plans to acquire banking licenses across four continents, in order to enable it to operate to the “highest” regulatory standards as it aims to enhance the global financial market. Focused on building a socially and “fiscally inclusive” banking platform… Read More

May 29, 2022 @ 8:00 pm By JD Alois  |  

Latin America and the Caribbean has emerged as a red hot region for Fintech development. A portion of the world long dominated by incumbent banks and other established service providers, Fintech has emerged as a fast track path to provide traditional and highly sophisticated services… Read More

May 27, 2022 @ 8:40 am By Omar Faridi  |  

Elliptic, an international firm focused on crypto-asset risk management, has announced J.P. Morgan as an additional investor “as part of its recent $60 million Series C funding round led by Evolution Equity Partners and including SoftBank Vision Fund 2, AlbionVC, Digital Currency Group, Wells Fargo… Read More

May 25, 2022 @ 2:31 pm By Omar Faridi  |  

With cybercrime expected to cost $10.5 trillion annually by 2025, innovating cybersecurity remains critical across industries “facing rapid digitization.” Mastercard (NYSE: MA) has announced the launch of new attack simulation and assessment platform Cyber Front, “enabled by a strategic minority investment in Picus Security.” The… Read More

May 25, 2022 @ 10:26 am By Omar Faridi  |  

Onfido, the digital identity verification and authentication provider, has announced the expansion of its Real Identity Platform, “improving fraud accuracy by 54% and fully automated performance by 12x.” The platform “simplifies identity for everyone.” Now customers can “reduce the complexity of sourcing and managing multiple… Read More

May 24, 2022 @ 11:19 pm By Omar Faridi  |  

OneMarketData, LLC (OMD), a key player in tick data management and analytics, recently revealed that ECXX, an asset based digital securities exchange, has chosen OneTick Trade Surveillance. ECXX is a digital asset exchange platform developed for professional traders and accredited investors, enabling clients to purchase… Read More