Regtech & Legaltech

November 30, 2020 @ 11:36 am By JD Alois  |  

Investment crowdfunding platform Engel & Völkers says that following its first project in Spain, the investment platform will expand its partnership with the logistics park in the Villaverde district of Madrid. In September, Engel & Völkers reports that in just 30 hours it raised €2… Read More

November 28, 2020 @ 2:58 pm By Omar Faridi  |  

The UK’s Financial Conduct Authority (FCA) recently announced the benefits of its new data collection platform, called RegData. The FCA noted that RegData would be replacing Gabriel as the regulator’s data collection platform. The FCA confirmed that RegData is “informed by user feedback, is faster,… Read More

November 24, 2020 @ 2:14 pm By JD Alois  |  

The exempt securities marketplace can be arcane and challenging to manage for entrepreneurs seeking to raise capital. The advent of online capital formation has helped to democratize access to capital as well as streamline securities offerings but hurdles do remain. A new startup co-founded by… Read More

November 5, 2020 @ 7:00 am By JD Alois  |  

Osome, a Regtech and accounting app, has raised $3 million in funding from XA Network and AltaIR Capital. Osome uses artificial intelligence (AI) and machine learning (ML) tech combined with human experts to help SMEs with administrative tasks soak up enormous amounts of work hours…. Read More

November 4, 2020 @ 10:27 am By Samantha Hurst  |  

Management and technology consultancy BearingPoint announced on Wednesday it is selling its independent Regulatory Technology (RegTech) business unit to private equity investor Nordic Capital. According to BearingPoint, the acquisition is a result of a strategic process to enable accelerated growth for the unit as a… Read More

November 2, 2020 @ 6:01 pm By Omar Faridi  |  

Allens is reportedly seeking applications for its legal accelerator program, called Auctus, which was introduced on November 2, 2020. The program is being offered through a partnership with Collective Campus, a corporate innovation consultancy, and startup accelerator. The Auctus Legal Accelerator program provides innovators and… Read More

October 30, 2020 @ 10:37 am By JD Alois  |  

The Global Financial Innovation Network (GFIN), an international Fintech regulatory initiative created by the UK Financial Conduct Authority, will be hosting a cross-border testing initiative that will include 23 different regulators from 5 different continents. In 2019, GFIN completed a cross-border testing pilot. GFIN is… Read More

October 29, 2020 @ 10:00 pm By Omar Faridi  |  

Derek Boirun, CEO and co-founder at Realio, a blockchain-enabled issuer, asset manager and technology provider, says that the idea behind his company (Realio) came to him when he realized that blockchain or distributed ledger tech (DLT) might be a great tool to help with establishing… Read More

October 28, 2020 @ 9:27 am By JD Alois  |  

The Cambridge Centre for Alternative Finance (CCAF), the leading research institute covering the global Fintech sector, has partnered with the World Bank on a study reviewing the impact of COVID-19 on Fintech and regulation. As finance is one of the most regulated sectors of industry… Read More

October 26, 2020 @ 8:46 am By JD Alois  |  

  VAIOT has become the first digital asset to be regulated by the Malta Financial Services Authority (MFSA) falling under the Maltese Virtual Financial Assets Act (VFAA), according to a note from the company. VAIOT seeks to enable both businesses and consumers to utilize a… Read More

October 25, 2020 @ 10:28 pm By Omar Faridi  |  

Joe Robinson, Co-Founder and CEO at Hummingbird, a modern platform for anti-money laundering (AML) that makes investigations “agile and intelligent,” says that it took some time before traditional banks began to view Fintech firms as legitimate business partners that could help them with their digital… Read More

October 20, 2020 @ 3:28 pm By JD Alois  |  

Sō.Capital has announced TheSō.Co, described as a new type of crowdfunding platform that seeks to help founders “broadcast their capital raising stories.” The platform says it brings together over 50,000 capital raising campaigns from over 30 crowdfunding sites worldwide. Simultaneously, Sō.Capital has announced a partnership… Read More

October 20, 2020 @ 7:35 am By JD Alois  |  

Shield, a UK based Regtech, has launched a solution that is said to combine its Insider Trading and Information Handling feature to provide greater monitoring of employees. The Shield “INSIDERS” is described as using AI, to provide a highly accurate integrated approach to monitor all… Read More

October 18, 2020 @ 6:07 pm By Omar Faridi  |  

Israel based Regtech firm Shield was recently chosen to join the IBM Cloud for Financial Services ecosystem. Many financial institutions have been migrating or deploying new applications on Cloud-powered platforms that streamline routine banking and related business processes. We recently caught up with Eran Noam,… Read More

October 15, 2020 @ 10:30 am By JD Alois  |  

  The New York Department of Financial Services (DFS) has scheduled its first-ever “Techsprint” that will take place in 2021. The event will focus on digital regulatory reporting for virtual currency companies. As New York is a global financial hub, many Fintech firms are based… Read More

September 23, 2020 @ 8:21 pm By Omar Faridi  |  

Around two-thirds or 67% of in-house attorneys at fast-growth firms said they were spending too much time doing “low-value” work, according to the results of a survey shared by Artificial Lawyer. Another survey, cited by JD Supra, of 1,057 legal professionals reveals that a third… Read More

September 14, 2020 @ 8:57 pm By Omar Faridi  |  

Onfido, a global ID verification provider, will be offering its user authentication services to Malaysia’s MyCash Money. Onfido has also been providing similar services to other Fintech firms in the region, including BigPay and MoneyMatch. MyCash Money is a digital marketplace that’s focused on serving… Read More

September 8, 2020 @ 11:45 pm By Omar Faridi  |  

Prospa (ASX: PGL), an online small business lender based in Australia and New Zealand, has reportedly welcomed the interim report recently released by the Senate Committee on Fintech and Regtech. But Prospa has also come to an agreement with other industry participants that a lot… Read More

September 8, 2020 @ 12:54 pm By JD Alois  |  

Reg CF continues to grow in popularity as a securities exemption utilized by smaller firms to raise much-needed growth capital. Reg CF is the smallest of the three different crowdfunding exemptions but has perhaps garnered the most popular interest due. An issuer must utilize either… Read More

September 5, 2020 @ 2:11 pm By Omar Faridi  |  

Senator Andrew Bragg, the Chair of the Senate Select Committee on financial technology and regulatory technology in Australia, recently introduced an interim report which included 32 different recommendations. Bragg noted that as the country tries to cope with its first recession in the past three… Read More