Leaders from Flashpoint VC, Lytical Ventures, the Sony Innovation Fund, and Talis Capital assured audience members during an online discussion on Nov. 3 that investment in regulatory technology (RegTech) is not losing attractiveness to venture capital funds, despite crises around the world and worries of an economic downturn in the future. 

Understand how to adapt credit risk modelling strategies in a new environment where macroeconomic pressures, regulatory demands and covid related data are posing an array of challenges to financial institutions

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Glow, the digital insurance agency for small businesses, announced that it has closed a $22.5 million round of series A financing led by Cota Capital. AV8 Ventures, Markd, Startup Venture Capital, Maiden Re, and others also participated in the round. The financing will fund innovation in Glow’s digital insurance platform, which automates the insurance process for small businesses.

Emerging markets venture capital firm Quona Capital today announced the final close of its Fund III at $332 million, significantly exceeding its $250 million target. This is the third fund from Quona Capital since its inception, bringing the firm’s aggregate committed capital to over $745 million.

The Dubai Financial Services Authority’s (DFSA) Task Force on Sustainable Finance (TFSF) has today issued a publication on Climate and Environmental Risk Management.

Transferra has partnered with Sumsub to create an easy, safe and secure onboarding experience for their clients.

Cybercrime continues to be a persistent and pressing issue for all sized businesses, but particularly smaller organisations. In fact, according to the National Cyber Security Alliance, nearly 60% of small businesses that experience a cyberattack shut their doors within six months.

London-based RegTech startup docStribute, formerly known as ALT/AVE, has today announced that it has signed a Framework Agreement with the UK Government’s Crown Commercial Service (CCS) to be listed as a G-Cloud 13 supplier.

Variable Recurring Payments (VRP) are a major step forward for payments and the wider Open Banking movement.  In July 2022, the CMA9 banks were mandated to introduce VRP for sweeping. Yet, this use case is only one of many game-changing possibilities - including VRPs for so-called non-sweeping services.

Considerable opportunities exist for banks to monetise their APIs for both internal and external-facing use cases, according to a report released today by Mobey Forum’s Open Banking Expert Group. Based on a year-long research study, the report leverages the expertise of open banking experts across leading Tier One banks and global institutions.