Regtech & Legaltech

January 29, 2019 @ 12:00 pm By JD Alois  |  

Digital bank Revolut has announced a new agreement with London-based Regtech ClauseMatch. According to a release from ClauseMatch, following a successful trial period the bank is adopting the regulatory technology to streamline management of internal policies, controls, and regulatory compliance. The trial period only took… Read More

January 28, 2019 @ 1:00 am By Zoë Adamovicz  |  

We often hear that “code is law”. It means that all transactions happening on decentralized networks are final and immutable. It does not mean, however, that code derives from the law. The legal frameworks we operate within are not God-given. They are social agreements that… Read More

January 16, 2019 @ 3:35 pm By Samantha Hurst  |  

Theta Lake, a U.S.-based compliance artificial intelligence (AI) for video, voice, and unified digital communication firm, announced on Wednesday it secured $5 million through its latest seed funding round, which was led by Neotribe Ventures. Founded in 2017, Theta Lake provides a purpose-built product suite for automatic… Read More

January 9, 2019 @ 6:54 pm By Richard van Hooijdonk  |  

Technology has infiltrated our lives, and the wave of digital disruption has impacted various industries. The finance sector is no exception. Since the industry is becoming more complex, relying on traditional methods is no longer enough. In fact, it can do your business more harm… Read More

November 12, 2018 @ 9:23 am By Samantha Hurst  |  

Motive Partners, an investment firm focused on technology-enabled companies that power the financial services industry, announced on Monday it has a controlling interest in Lucht Probst Associates GmbH (LPA), a provider of innovative software and advisory services focused on financial services distribution and regulatory compliance solutions. Founded… Read More

October 21, 2018 @ 11:00 am By Max Lyadvinsky  |  

The blockchain has revolutionized a number of industries, but none so much as the financial sector. From equity crowdfunding platforms which allow users to buy shares in projects with tokens, to startups raising funds through initial coin offerings (ICOs), to token exchanges where users can… Read More

October 18, 2018 @ 10:00 am By JD Alois  |  

iDisclose, a Legaltech firm that currently provides streamlined solutions to complete both Reg D and Reg CF securities offerings, will soon add Reg A+ to its list of services. iDisclose has announced a new partnership with Ketsal Consulting, a firm comprised of former big law… Read More

October 17, 2018 @ 10:17 am By Samantha Hurst  |  

Australian banking group Westpac announced on Tuesday its 2018 Innovation Challenge, which gives startups a chance to win $40,000 and professional support to grow their business. According to Westpac, this year’s challenge is themed regtech and is seeking participants that will create a technological solution that helps companies… Read More

October 9, 2018 @ 9:45 am By JD Alois  |  

The Fintech Sandbox set up by the Financial Conduct Authority in the UK has now been in operation for the past two years. The trailblazing project has since been replicated multiple times around the world. The concept was simple: create a safe haven for Fintech… Read More

October 4, 2018 @ 10:59 am By JD Alois  |  

The Australian Securities and Investments Commission (ASIC) has announced a Fintech and Regtech agreement with the Luxembourg Commission de Surveillance du Secteur Financier (CSSF). This is the second Fintech agreement signed by ASIC today having earlier announced an agreement with the US CFTC. The Agreement… Read More

October 1, 2018 @ 12:15 pm By Samantha Hurst  |  

IdentityMind Global, a SaaS RegTech platform that builds, maintains and analyzes digital identities worldwide, announced on Monday it has formed a partnership with CipherTrace to provide digital currency risk assessment technology. The integration between the companies will allow virtual currency exchanges, ICOs, hedge funds, financial institutions, and… Read More

September 30, 2018 @ 9:00 pm By Steven McClurg and Katie Talati  |  

As the crypto markets have evolved rapidly during the last year and institutional investors (like Arca Funds) have begun to invest, fitting into the existing financial services framework has proven difficult. The primary debate around legacy intermediary systems and how they relate to real money… Read More

September 26, 2018 @ 10:41 am By JD Alois  |  

Ireland is getting more serious about Fintech innovation. Announced late last week, the Irish government has partnered with ADAPT Centre for Digital Content Technology, commencing a new research program: Fintech Fusion. The program will be headquartered at Trinity College Dublin and will initially run for four… Read More

September 20, 2018 @ 12:37 pm By JD Alois  |  

The Commodity Futures Trading Commission (CFTC) has scheduled a meeting of its Technology Advisory Committee (TAC) to take place on October 5th at the CFTC HQ in Washington, DC. The meeting begins at 10AM and continues to approximately 3:30PM ET. According to the CFTC, the… Read More

September 13, 2018 @ 10:51 am By JD Alois  |  

Sagewise, a blockchain Legaltech firm targeting smart contracts and dispute resolution, has announced “Blockusign.” This blockchain powered tech enables digital signatures on documents directly within the popular Gmail client. According to Sagewise, their product combines electronic signature technology, with the benefits of the distributed ledger…. Read More

September 12, 2018 @ 4:25 pm By JD Alois  |  

FINRA has published a white paper on regulatory technology or Regtech developments within the securities industry. Regtech is a hot sub-sector of Fintech as it has the potential to make the job of financial regulators easier while saving time (and money) for the firms they… Read More

September 12, 2018 @ 3:36 pm By JD Alois  |  

The United Kingdom and Singapore held their 4th joint meeting of financial services regulators and policymakers. The meeting took place in London yesterday where officials discussed regulatory initiatives and standards of conduct in the financial sector. Both the UK and Singapore have pursued Fintech innovation… Read More

September 6, 2018 @ 7:23 am By Erin Hobey  |  

Last December distributed ledger technology was presented to and approved by the Council of Ministers in France with the caveat that Blockchain may not be used for listed securities as this sector is governed by EU law. The aim was to improve the industry’s transparency, authentication… Read More

August 23, 2018 @ 8:43 am By JD Alois  |  

FINRA ( Financial Industry Regulatory Authority) has been doing a series of podcasts, called FINRA Unscripted, for some time now. Their most recent segment covered Fintech posing the rhetorical question as to how regulators are keeping up with the pace of change. In 2017, FINRA… Read More

August 17, 2018 @ 10:46 pm By Samantha Hurst  |  

Securrency, a regtech firm that has created a platform designed to streamline regulatory compliance for token offerings, announced this week its intention to secure a license to operate a crypto-asset business with strategic partners under the  Abu Dhabi Global Market (ADGM) crypto regulatory framework. The… Read More