Regtech & Legaltech

July 31, 2025 @ 11:05 am By Omar Faridi  |  

PwC and its alliance partner, Harvey, have extended access to their co-developed technology, giving clients access to M&A products and services. Harvey, powered by PwC is in use by PwC’s M&A, tax and legal professionals and is “being licensed to clients across its global network.”… Read More

July 30, 2025 @ 12:18 am By Omar Faridi  |  

Sumsub completed the Malaysia e-KYC assessment, confirming that its digital identity verification technology meets the standards set by Bank Negara Malaysia (BNM). The independent evaluation was conducted by Deloitte and “covered Sumsub’s ID verification, liveness detection, and facial recognition modules.” The report validated Sumsub solutions’… Read More

July 29, 2025 @ 1:35 pm By Omar Faridi  |  

Entrust, a global enabler of identity-centric security solutions, is reinforcing its commitment to secure digital ecosystems through a strategic partnership with PlaySafe ID, a CEO transition, and the unveiling of a cryptographic security platform. These developments underscore Entrust’s approach to addressing the challenges of cybersecurity,… Read More

July 29, 2025 @ 10:23 am By Omar Faridi  |  

In the evolving ecosystem of digital identity verification, Regtech Prove continues to focus on developing solutions that address critical challenges in fraud prevention, system integration, and regulatory compliance. Recent insights from Prove highlight the company’s commitment to tackling emerging risks and streamlining onboarding processes. Together,… Read More

July 29, 2025 @ 3:00 am By JD Alois  |  

European fraud prevention firm Trustfull has closed on a €6 million investment round led by Seaya Ventures and Elevator Ventures, according to a note from the company. Existing investor United Ventures also participated in the round. The new money is expected to be used to… Read More

July 28, 2025 @ 9:00 am By Omar Faridi  |  

ThetaRay, a provider of Cognitive AI financial crime compliance technology, announced the launch of its Self-Service Rule Builder and Simulator, two tools enhancing its transaction monitoring solution, “enabling compliance teams to create, test, and optimize anti-money laundering (AML) rules faster, with full autonomy and control.”… Read More

July 28, 2025 @ 5:41 am By Omar Faridi  |  

Regnology, a software provider with a focus on regulatory reporting solutions, announced it has entered into a definitive agreement to acquire Wolters Kluwer’s Finance, Risk & Regulatory Reporting (FRR) unit. The proposed acquisition represents a strategic step in Regnology’s aim to deliver regulatory intelligence at… Read More

July 27, 2025 @ 2:16 pm By Omar Faridi  |  

LegalDocs, a provider of digital legal solutions, announced its entry into the electronic forms market, which is reportedly valued at over $6 billion and is said to be poised for growth. LegalDocs’ LegalTech platform aims to improve document preparation and management by delivering legally compliant… Read More

July 25, 2025 @ 12:45 am By Tony Zerucha  |  

Socure, a digital identity verification platform, has launched its Workforce Verification solution to address the rapidly growing threat of employee fraud. Socure’s Workforce Verification adapts its enterprise-grade identity verification and fraud prevention specific to hiring workflows, detecting manipulated or fabricated identities before they enter organizations and addressing workforce risk at… Read More

July 24, 2025 @ 9:19 am By Omar Faridi  |  

Jumio has released its findings from its 2025 Online Identity Study. As consumers set out for summer activities, digital identity protection may be taking a more significant spot on the packing checklist, with almost half of global consumers (44%) not having confidence in the travel… Read More

July 23, 2025 @ 11:44 am By Omar Faridi  |  

In a world where financial crime is becoming increasingly sophisticated, Feedzai, a global firm specializing in AI-native financial crime prevention, is making bold strides to stay ahead of fraudsters. The company has announced significant developments: a partnership with PwC Brazil to launch a Center of… Read More

July 21, 2025 @ 8:13 pm By Omar Faridi  |  

Since its inception in 2018, SlowMist has emerged as a global enabler of blockchain security, leveraging cybersecurity expertise to protect the digital assets ecosystem. In a recent announcement, SlowMist unveiled its Stablecoin Risk Management and AML/CFT (Anti-Money Laundering/Countering the Financing of Terrorism) Compliance Security Framework,… Read More

July 17, 2025 @ 1:34 am By Omar Faridi  |  

NiCE (NASDAQ: NICE) says that Aberdeen Group, a UK-based global investment management firm headquartered in Edinburgh, has selected NiCE Actimize’s X-Sight Suspicious Activity Monitoring (SAM) and Watch List Screening solutions as part of its financial crime operations. These are part of NiCE Actimize’s advanced “portfolio of… Read More

July 14, 2025 @ 8:42 am By Omar Faridi  |  

ComplyControl, a provider of AI-driven solutions for banks and financial institutions, is pleased to announce that it has officially become an Associate Member of UK Finance, the trade association for the UK financial services sector. ComplyControl made its entry into the UK market in 2024,… Read More

July 13, 2025 @ 5:34 pm By Omar Faridi  |  

The UK’s Financial Conduct Authority (FCA) has released its Consultation Paper and Policy Statement (CP25/18) addressing non-financial misconduct (NFM) within the financial services sector. Effective from September 1, 2026, these new rules extend the FCA’s Code of Conduct (COCON) to non-banking firms, aligning their regulatory… Read More

July 10, 2025 @ 6:48 pm By Omar Faridi  |  

Sumsub joined hands with DKM ECO, a data services provider in the Asia-Pacific region, to stage an APAC Roadshow “Comply to fortify 2.0” in Hong Kong to share with businesses on how innovative solutions can address their most pressing compliance challenges. This initiative forms part… Read More

July 10, 2025 @ 1:52 pm By Omar Faridi  |  

Okoora, a company redefining global foreign exchange (FX) infrastructure, today announced a strategic partnership with DashDevs, global fintech product engineering company, to streamline the delivery of embedded foreign exchange (FX) functionality in digital financial products. The partnership brings together Okoora’s FX360 engine, an AI-powered infrastructure… Read More

July 9, 2025 @ 7:39 am By Omar Faridi  |  

Castellum.AI, a financial crime compliance platform with in-house risk data, AML/KYC screening, and AI agents, announced the close of an $8.5m Series A round. CEO and Co-Founder Peter Piatetsky said: “Compliance teams are drowning in false positives while financial crime slips through the cracks. We’ve… Read More

July 9, 2025 @ 5:32 am By Omar Faridi  |  

Steeleye has explained that in the financial services sector, compliance with regulatory requirements is paramount to maintaining trust, transparency, and operational integrity. Among these requirements, voice recording regulations have become increasingly critical as regulators emphasize the need for robust recordkeeping to prevent misconduct and ensure… Read More

July 8, 2025 @ 12:55 am By Omar Faridi  |  

Sumsub announced the release of its commissioned Total Economic Impact (TEI) study conducted by Forrester Consulting. The study aims to examine the potential return on investment (ROI) enterprises may achieve by using Sumsub’s Anti-Money Laundering (AML) Transaction Monitoring. While a report like this is self-promoting,… Read More