Tagged: due diligence

April 4, 2023 @ 10:34 pm By Omar Faridi  |  

CertiK, the provider of blockchain security solutions, is pleased to announce the launch of Skynet for Community, the “first-of-its-kind” security, due diligence, and insights platform for the Web3 ecosystem. Skynet for Community “simplifies Web3 project research, analysis, and monitoring for users, investors, and community members.”… Read More

February 28, 2023 @ 9:27 am By Omar Faridi  |  

The Monetary Authority of Singapore (MAS) recently issued a Notice imposing mandatory baseline standards of due diligence and conduct requirements “for corporate finance (CF) advisers.” These requirements aim to “raise the standards of conduct of CF advisers, improve the quality of disclosures and allow investors… Read More

February 22, 2023 @ 6:52 pm By Omar Faridi  |  

AML RightSource, the provider of Anti-Money Laundering (AML), Know Your Customer (KYC) and Bank Secrecy Act (BSA) compliance solutions, announced that Florida-based bank Banesco USA has “selected its Automated EDD (Enhanced Due Diligence) solution for efficient, compliant customer risk reviews with streamlined, AI processes that… Read More

January 18, 2022 @ 2:29 pm By Omar Faridi  |  

Yieldstreet explains that they aim to provide a diverse range of “unique” private market investment opportunities that offer “potentially attractive benefits” to investor portfolios. But before a particular offering makes it onto the Yieldstreet platform, it needs to go through a “stringent” multi-step vetting process,… Read More

September 5, 2021 @ 5:21 pm By Omar Faridi  |  

During this month’s installment of “Did you know” by P2P lender Blend Network, they’re sharing some of the “secrets” of their due diligence and underwriting process so that you get to know more about the processes they go through to “ensure that you and hundreds… Read More

May 9, 2021 @ 2:17 pm By Omar Faridi  |  

Peer to peer (P2P) lending has been a relatively popular or widely-adopted business model and it has seen many new platforms attempting to offer these types of services, the Debitum team writes in a blog post. However, Debitum, a Lithuanian platform offering borderless SME financing,… Read More

January 28, 2021 @ 4:12 pm By Samantha Hurst  |  

  Refinitiv, a provider of financial markets data and infrastructure that has served more than 40,000 institutions in over 190 countries, announced on Thursday it is further expanding the scope of its data-driven due diligence reports with the addition of cybersecurity and company credit risk… Read More

August 7, 2020 @ 12:47 am By Omar Faridi  |  

Poland’s mPay has teamed up with iDenfy to use its biometric facial recognition software, (selfie) liveness detection, and ID verification tech, in order to take care of its Know Your Customer (KYC) compliance checks for processing mobile payments. The mPay app allows users to conduct… Read More

February 19, 2016 @ 9:04 am By JD Alois  |  

The Financial Conduct Authority (FCA) has published a report on due diligence and assessing suitability of investments for clients. This is an important subject for traditional finance, as well as new asset classes. As all finance moves online access to investment opportunity will expand to… Read More

April 11, 2014 @ 12:01 pm By Charles Luzar  |  

Indiegogo CEO Slava Rubin has issued a blog post tackling some of the concerns raised in the examination of the Healbe campaign. Some – including PandoDaily staff writer James Robinson – have accused the campaign of being a scam. According to Rubin, the revelations surrounding the… Read More

April 3, 2014 @ 12:56 pm By Charles Luzar  |  

Dragon Innovation is a niche crowdfunding play aimed directly at servicing the funding needs of hardware-related startups. The platform has now announced two new upcoming features; one aims to place a Dragon Innovation seal of approval on internally vetted campaigns, and the other follows a… Read More

March 3, 2014 @ 12:42 pm By Charles Luzar  |  

For crowdfunding issuers, a bad actor in the ranks could be the difference between a successful campaign and a nightmare scenario. Of course, it can be difficult to determine whether or not an individual is a “bad actor” by the SEC’s standards. This is where… Read More

January 29, 2014 @ 12:32 am By Charles Luzar  |  

FundersClub just announced the release of a new social content channel called Venture News. The news aggregator aims to provide a hub of conversation and content for the world of finance. It works similarly to Hacker News, Y-Combinator’s tech news meritocracy. Users can sign up and… Read More

January 13, 2014 @ 10:05 am By Charles Luzar  |  

Buffalo-based crowdfunding compliance backend service provider CrowdBouncer has announced an addition to their portfolio of services. The addition targets attorneys and other individuals involved in the due diligence process phase of capital raises. The service provides a front-end user interface that aims to streamline the… Read More

December 30, 2013 @ 10:16 am By Charles Luzar  |  

In traveling the country and fielding numerous requests from project creators – both current and potential  – certain questions have a tendency to pop up time and time again. One question that I get surprisingly often: can I crowdfund anonymously? It was echoed in a… Read More

December 17, 2013 @ 10:15 am By Charles Luzar  |  

Canadian law firm Borden Ladner Gervais LLP (BLG) released a risk assessment for 2014. Crowdfunding makes the list at #2 on their list of the top ten business issues with legal implications for the new year. Entrepreneurs, access to capital and the crowd: The Canadian economy… Read More

December 6, 2013 @ 10:22 am By Charles Luzar  |  

EarlyShares is a crowdfunding platform based in Miami, Florida. The operation is poised to be one of the leaders in the nascent equity crowdfunding space in the United States, and in light of the implementation of Rule 506(c) that took place in September the platform… Read More

November 16, 2013 @ 12:41 pm By Charles Luzar  |  

CrowdCheck Blog | Due Diligence: It doesn’t just protect investors Brian Knight of due diligence service provider CrowdCheck built upon a recent Crowdfund Insider article that explored the circumstances surrounding the Luci project on Kickstarter. Here he explains how due diligence can protect issuers and investors in crowdfunded… Read More

October 9, 2013 @ 12:58 pm By Charles Luzar  |  

In May we first reported on Square Enix taking interest in the crowdfunding model. On a Square Enix earnings call, Yosuke Matsuda had shared his interest in crowdfunding specifically as a means of market testing video games. At the time, Matsuda was thought to be… Read More

September 10, 2013 @ 9:36 am By Brian Knight  |  

With the recent confirmation of Mary Jo White as Chairman of the SEC and Kara Stein, and Michael Piwowar as SEC Commissioners, the leadership of the SEC is undergoing significant changes that will affect public policy for years to come. It has been argued that… Read More