Tagged: compliance

December 28, 2021 @ 5:00 pm By Tony Zerucha  |  

More than half a billion dollars worth of cryptoassets were stolen from exchanges in the first half of December, compliance firm Elliptic said in a recent blog post. On Dec. 11 and 12, close to $83 million was stolen from AscendEX, a cryptoasset exchange that… Read More

December 22, 2021 @ 4:11 pm By Omar Faridi  |  

PCI Pal (LON: PCIP), the international provider of secure payment solutions, is working with Talkdesk, the global customer experience solution provider for “customer-obsessed” firms, in order to offer clients with innovative customer service and security capabilities. The firms’ growing customer list reportedly includes Air Business,… Read More

December 17, 2021 @ 1:59 pm By Omar Faridi  |  

The Financial Crimes Enforcement Network (FinCEN), a bureau of the US Department of the Treasury that collects and analyzes information about financial transactions to combat money laundering, terrorist financing, and other financial crimes, is issuing a request for information (RFI) “seeking comments on ways to… Read More

December 10, 2021 @ 7:49 am By Omar Faridi  |  

Fintech Plaid has been established on the principle that consumers need to be in control over where and how they share their financial details. Core or central to this principle is the customer’s ability to share their data in a secure manner and with the… Read More

December 7, 2021 @ 5:08 pm By Tony Zerucha  |  

Hummingbird Regtech, a provider of risk and compliance technology, this week announced the company has raised $30 million in Series B funding. The raise brings the total venture backed funding total to $41.8 million, and follows Hummingbird’s $8.2 million Series A in 2020. This new… Read More

December 4, 2021 @ 2:59 pm By Omar Faridi  |  

Uppsala Security, a provider of security tools and services for Crypto AML/CTF, Transaction Risk Management, Regulatory Compliance, Transaction Tracking, and Cyber Security, has announced a new joint cooperation with Matrix USA, a US based firm that focuses on “building and strengthening business relationships in the… Read More

November 19, 2021 @ 11:00 am By Omar Faridi  |  

ACA Group and Foreside Financial Group, LLC, which are both providers of governance, risk, and compliance (GRC) solutions to customers in the financial services sector, have announced that they have entered an agreement to “combine their two companies.” Genstar Capital, a private equity firm, invested… Read More

November 17, 2021 @ 7:48 am By Omar Faridi  |  

Justt, a chargeback mitigation pioneer, has announced that it has secured $70 million in funding as it further expands its mission to assist merchants with combating false chargebacks with smart tech. As mentioned in the announcement, the funding was raised across three tranches, “including a… Read More

November 16, 2021 @ 9:38 pm By Omar Faridi  |  

Thomson Reuters announced on November 15, 2021, the introduction of the Indirect Tax (IDT) Determination Anywhere platform at its annual SYNERGY Conference for corporate tax and accounting professionals. As mentioned in the update, Determination Anywhere is a patent-pending, Cloud-powered tax tech platform that “sits on… Read More

November 16, 2021 @ 8:24 am By Omar Faridi  |  

Following a massive $394M Series D round earlier this year to establish the foundation for greater financial inclusion, international ID verification Fintech Trulioo is “strengthening pathways to create a more inclusive and trust-oriented digital economy,” according to an update shared with CI. With the ability… Read More

November 13, 2021 @ 6:59 pm By Omar Faridi  |  

Featurespace, the provider of Enterprise Crime Prevention software, has reportedly appointed Todd Raque as its leading anti-money laundering (AML) and financial crimes expert for the Americas. As mentioned in the announcement, Raque brings almost 30 years of professional experience and extensive industry knowledge in financial… Read More

October 26, 2021 @ 11:12 pm By Omar Faridi  |  

Wolters Kluwer Compliance Solutions and NYDIG, a provider of Bitcoin (BTC) platform solutions, have entered an agreement where Wolters Kluwer will act as an “exclusive” vendor to interested financial institutions seeking assistance in meeting their regulatory and compliance requirements while “exploring and implementing services for… Read More

October 24, 2021 @ 4:04 pm By Omar Faridi  |  

The team at digital assets firm Binance notes that the crypto and blockchain industry has grown considerably during the past few years, both from a technology adoption and “new user perspective.” When they launched Binance, they decided that it would be their “unwavering” commitment to… Read More

October 22, 2021 @ 7:11 am By Omar Faridi  |  

Barclays has introduced automated policy management and compliance tech from Regtech firm Clausematch to 90,000 workers across the globe. We're excited to share that @Clausematch #PolicyPortal is now streamlining compliance for all @Barclays employees globally! The rollout of the Portal is the culmination of a… Read More

October 16, 2021 @ 6:42 pm By Omar Faridi  |  

Indata, an industry provider of software, tech and managed services for buy-side companies, reveals that Quay Global Investors is currently live with INDATA’s Architect AI OMS and Portfolio Management solution. Quay is a boutique fund manager specializing in the preservation and creation of wealth via… Read More

October 3, 2021 @ 8:07 pm By Omar Faridi  |  

Digital assets firm Binance is pleased to confirm that they’ve hired Tigran Gambaryan, a former special agent of the Internal Revenue Service—Criminal Investigation (IRS-CI) Cyber Crimes Unit in Washington, D.C. Tigran joins Binance as Vice President of Global Intelligence and Investigations after working for around… Read More

September 29, 2021 @ 10:40 am By Omar Faridi  |  

Earlier this year, the Central Bank of Spain (BdE), the Monetary Authority of Spain (Comisión Nacional de Mercados y Valores – CNMV), and Directorate-General for Insurance and Pension Funds (DGSFP) had revealed that that Spanish firm Vottun had been chosen to take part in the… Read More

September 26, 2021 @ 1:34 pm By Omar Faridi  |  

Shield, the Workplace Intelligence platform for compliance teams, reveals that it has teamed up with LeapXpert, a provider of in front-office conversational solutions. LeapXpert’s Federated Messaging Orchestration Platform (FMOP) has been designed to support the real-time control, monitoring, and capture of conversations on mobile messaging… Read More

September 8, 2021 @ 7:37 am By Omar Faridi  |  

Greengage Global Holding Ltd, a UK registered firm, which intends to serve as the very first digital merchant bank through its wholly owned Gibraltar subsidiary, Greengage & Co. Ltd, reveals that it has acquired another institutional investment, along with its £2.5 million investment from IOVLabs…. Read More

September 7, 2021 @ 8:07 pm By Omar Faridi  |  

Beginning August 31, 2021, Uppsala Security‘s AML, regulatory compliance and investigation product suite will be supporting Binance Smart Chain (BSC), according to a blog post dated September 2, 2021. Uppsala Security, a provider of security tools and services for crypto AML/CTF, transaction risk management, regulatory… Read More