Regtech & Legaltech

May 2, 2022 @ 8:58 am By Omar Faridi  |  

Credas Technologies, which claims to be the “leading” anti-money laundering (AML) checks provider, has set “a new record in volume.” Its estate agency customers are now “carrying out an AML check every five seconds via its platform.” Credas’s customers reportedly “include Connells, Purplebricks, Strike, Minerva,… Read More

May 1, 2022 @ 11:25 pm By Omar Faridi  |  

Australia’s “most connected” account opening platform provider, LAB Group , is pleased to confirm that it has teamed up with Complii Fintech Solutions Ltd (ASX: CF1)  “to streamline digital onboarding for Complii’s clients.” Complii is an “innovative” ASX-listed fintech group which “specializes in SaaS-based technology… Read More

April 30, 2022 @ 4:38 pm By Omar Faridi  |  

London-based Regtech ALT/AVE  has announced key appointments “to its Advisory Board and a funding boost of more than half a million pounds.” Joining ALT/AVE CEO and founder Chris Ansara and Chair Phil Shelley on the newly created advisory board, “to help guide the company through… Read More

April 30, 2022 @ 12:28 pm By Omar Faridi  |  

FinGo, a biometric identity authentication solutions provider, is introducing FinGoVend, which is reportedly the first retail vending machine where users can now “pay and prove their age through a simple scan of their finger.” FinGo’s vein mapping tech “connects a person’s unique vein pattern to… Read More

April 25, 2022 @ 9:28 pm By Omar Faridi  |  

Utimaco, an international provider of cybersecurity and compliance solutions, recently announced that it has signed a Share Purchase Agreement with Celltick, a global provider or Public Warning Systems (PWS), Mass Notification Systems (MNS), and one of the largest CBC (Cell Broadcast Center) providers. Recent natural… Read More

April 24, 2022 @ 4:43 pm By Omar Faridi  |  

Tintra PLC, the Regtech firm building a global, borderless banking infrastructure to democratize payments for emerging markets, recently announced share issue details of the “latest receipt of a $2 million private funding round, valuing the company, in the private market at least, at $100 million,… Read More

April 21, 2022 @ 11:23 pm By Omar Faridi  |  

Themis, a collaborative governance, risk, and compliance platform, recently announced thatit has secured $9 million in seed investment “to solve compliance and risk challenges stemming from cross-sector and cross-border partnerships.” The investment round was led by TTV Capital along with contributions from Felicis and existing… Read More

April 19, 2022 @ 9:57 pm By Omar Faridi  |  

LegalPay, an India-based litigation and interim finance provider, has teamed up with Florida-headquartered hedge fund Naples Global in order to introduce a $5 million fund for founders so they can protect their rights during board-related disputes. The new fund has mainly committed $5 million (appr…. Read More

April 19, 2022 @ 6:13 pm By JD Alois  |  

“Development stage” Legal Fintech, LawFi, has added four new members to its advisory and executive launch team ahead of the platform’s launch. LawFi is aiming to offer a “first-of-its-kind” Legal Fee Financing platform enabling access to legal services and credit. LawFi seeks to help enable… Read More

April 19, 2022 @ 8:30 am By Omar Faridi  |  

Seon, a startup that’s focused on assisting Fintechs like Revolut with addressing online fraud, has secured $94 million in capital, in order to implement various tools for preventing sanctions evasion by Russia. The London-headquartered firm secured the funding via an investment round that was led… Read More

April 18, 2022 @ 10:42 pm By JD Alois  |  

Thunes has purchased a majority stake in Tookitaki Holding Pte Ltd. According to a statement from Thunes, the company invested over $20 million Thunes is a Singapore-based payments Fintech. Tookitaki is a compliance firm providing anti-money laundering (AML) and know your customer (KYC) services, as… Read More

April 18, 2022 @ 10:32 am By Omar Faridi  |  

BIGG Digital Assets Inc. (CSE: BIGG), owner of Blockchain Intelligence Group, an international cryptocurrency compliance and intelligence company, recently announced a partnership with AlphaPoint, a white-label software company “powering digital asset exchanges worldwide.” Blockchain Intelligence Group provides AlphaPoint clients “a tool for fast, easy and… Read More

April 17, 2022 @ 10:04 am By Omar Faridi  |  

Jumio, the provider of “orchestrated” end-to-end identity proofing, eKYC and AML solutions, recently announced the appointment of Stuart Wells as the firm’s new chief technology officer. In addition, Jumio unveiled its new Innovation Lab in San Diego. Wells “joins Jumio’s executive team after nearly a… Read More

April 14, 2022 @ 10:27 am By Omar Faridi  |  

London-based Clara, a legal OS offering an integrated set of self-service tools to help founders digitally form, manage and scale their startups, has announced that it has secured investment from The LegalTech Fund as the platform “emerges from its beta phase, taking its total seed… Read More

April 13, 2022 @ 10:37 am By Omar Faridi  |  

Hogan Lovells has reportedly become the first law firm “to implement an ecosystem-scale document and contract automation technology which will drive efficiencies within commercial transactions for clients.” The blockchain or DLT-enabled technology platform, DriveChain, is “now available to firm clients across all sectors and industries.”… Read More

April 11, 2022 @ 11:17 pm By Omar Faridi  |  

CYTRIO, a data privacy compliance company, has added support for the European Union’s General Data Protection Regulation (GDPR) to its all-in-one, cloud-native data privacy rights management automation solution. GDPR impacts any company, “regardless of location, that collects, uses, shares, or stores personal information from European… Read More

April 7, 2022 @ 7:50 am By Omar Faridi  |  

Socure, the provider of digital identity verification and fraud solutions, has announced that Dibbs, the real-time, blockchain-enabled marketplace for collectors, “is using the Socure ID+ platform to provide a faster, more accurate collector onboarding experience.” With the accuracy of Socure’s graph-defined identity verification and fraud… Read More

April 7, 2022 @ 7:10 am By Tony Zerucha  |  

The BIS Innovation Hub Singapore Centre and the Monetary Authority of Singapore (MAS) have developed a new prototype platform integrating regulatory data and analytics. Known as Project Ellipse, the platform demonstrates how regulatory and other data, such as articles and news, can be integrated into… Read More

April 4, 2022 @ 10:27 pm By Omar Faridi  |  

Brightflag, the AI-enhanced legal operations platform, recently released several updates designed “to address the complex and varied budgeting requirements of corporate legal departments.” In combination with existing department-level budgeting and forecasting features, Brightflag’s versatile new matter-level controls “afford in-house legal professionals complete visibility and proactive… Read More

March 30, 2022 @ 10:23 pm By JD Alois  |  

Tokenize Xchange (aka Tokenize), a Singapore-headquartered digital asset exchange, has joined the VerifyVASP alliance as it aims to create a seamless, compliant experience for its users of digital assets. According to a note from Tokenize, the company will utilize VerifyVASP’s network to connect with other… Read More