SteelEye raises $10 million
- 5 years 10 months ago
- RegTech
SteelEye, the compliance technology and data analytics firm, has raised $10m in Series A funding in a round led by the FinTech Strategic Investments team at Eight Roads, the proprietary investment firm backed by Fidelity, alongside existing investor Illuminate Financial. This takes the total amount raised by SteelEye to $20m to date.
Ingenious Invests in Leading Supplier of Terahertz Technology Systems
- 5 years 10 months ago
- RegTech
Ingenious today announces that its Infrastructure Ventures EIS Service has invested as part of a $6m A-series investment round in TeraView, the pioneer and leader in terahertz technology and solutions. The investment is designed to ensure that TeraView retains its leadership in the growing terahertz market and continues to provide a high level of support to each of its customers across the world while also accelerating product & technology... more
Mercury FX boosts financial crime management capabilities with TruNarrative platform investment
- 5 years 10 months ago
- RegTech
London-headquartered global currency specialist Mercury FX has invested in cutting-edge platform from RegTech firm TruNarrative, to enhance its customer onboarding processes, regulatory compliance and financial crime prevention strategy. As a regulated firm, Mercury FX is required to perform a multitude of Know Your Customer (KYC) checks on companies and individuals they work with. Being a global business, Mercury must be able to onboard and... more
FCA Probes Sterling Spike Ahead of UK Interest Rate Decision
The Bank of England has referred to the UK markets watchdog a spike in sterling that happened just seconds before the central bank announced that it would leave its key interest rate unchanged. The Financial Conduct Authority, whose job it is to detect market abuse, is now scrutinising the matter, according to both the central bank and the watchdog.
RegTech Leader AxiomSL Establishes Business Operations Centre in Limerick, Ireland
- 5 years 11 months ago
- RegTech, Risk Management
AxiomSL, the industry’s leading provider of regulatory reporting and risk management solutions, today announces the opening of a business operations centre in Limerick, Ireland, creating as many as 100 jobs over the next five years. The office will be located in the National Technology Park in Plassey.
Konsentus solution supports checking of Open Banking Implementation Entity (OBIE) issued certificates
- 5 years 11 months ago
- Open Banking, RegTech
Konsentus today confirms that its Third-Party Provider (TPP) identity and regulatory checking solution can verify and validate the identity of TPPs who have been issued with Open Banking Implementation Entity (OBIE) Directory issued certificates, as well as those who have been issued with eIDAS certificates by Qualified Trust Service Providers (QTSP) in accordance with PSD2.
Goldman Sachs Enlists Startup for Quantum Computing Push
- 6 years 1 week ago
- RegTech, FinTech StartUps
Wall Street giant Goldman Sachs is teaming up with Silicon Valley startup QC Ware to investigate the use of quantum algorithms in finance. As the promise of quantum computing inches nearer, Goldman has been working with QC Ware to explore how the technology will eventually outperform classical computers for finance applications. Goldman and QC Ware are investigating whether quantum computing can be used with the Monte Carlo algorithm, which is... more
Shield Awarded Coveted Data Management Insight Awards 2019 - 'Best Data Visualisation Provider'
- 6 years 1 week ago
- RegTech
Specialist Regtech provider Shield is proud to announce it has been awarded 'Best Data Visualisation Provider' in the A-Team Insight
New FCA Regulations Will Boost RegTech Market in UK
- 6 years 1 week ago
- RegTech
The Senior Managers & Certification Regime that comes into effect today is a positive step for the financial services industry – but its failure to include Appointed Representative Firms (ARFs) and their individuals is an oversight, according to Sturgeon Ventures, the regulatory incubator. SM&CR is principally about changing the way financial services businesses operate.
Consumer Financial Protection Bureau Issues Notice Of Proposed Rulemaking On Remittance Rule
- 6 years 2 weeks ago
- RegTech
The Consumer Financial Protection Bureau (Bureau) issued today a Notice of Proposed Rulemaking (NPRM) relating to the Remittance Rule (Rule). The Rule generally requires companies that provide remittance transfers in the normal course of business disclose to consumers certain fees and the exchange rates that apply to transfers. The Rule also includes an exception that allows certain banks and credit unions to estimate certain fee and exchange... more
VoxSmart Acquires Fonetic Trading Business to Build Comprehensive Communications Surveillance Platform for Capital Markets
- 6 years 3 weeks ago
- RegTech, Trading Systems
VoxSmart, the global leader in mobile surveillance technology, has announced its acquisition of the Fonetic Trading business to deliver a comprehensive communications surveillance offering for Capital Markets participants.
Napier Recognised in the Regtech 100 List for 2020
- 6 years 3 weeks ago
- Artificial Intelligence, RegTech
London-based Regtech firm Napier, specialists in AI for compliance and AML, announced today that it has been recognised in the 2020 edition of the annual RegTech 100 list of the world’s most innovative RegTech companies. The RegTech 100 list acknowledges companies for their innovative use of technology to solve a significant industry problem, or to generate cost savings or efficiency improvements across the compliance function.
Encompass named in RegTech 100 list for 2020
- 6 years 3 weeks ago
- RegTech
Encompass Corporation, a fast-growing provider of intelligently automated Know Your Customer (KYC) solutions, has been named within the RegTech 100 - a list recognising the world’s most innovative technology solution providers. Now in its third year, the RegTech 100, announced today [26 November] by specialist research firm RegTech Analyst, highlights “RegTech companies that every financial institution needs to know about” in the year ahead.
ClauseMatch goes live with Keepabl strengthening RegTech ecosystem
- 6 years 4 weeks ago
- RegTech
ClauseMatch, an award-winning regulatory technology company that helps financial institutions and other regulated firms to comply with their internal governance documentation (policies, procedures, controls) announced today it has gone live with Keepabl, the award-winning Privacy-as-a-Service provider. ClauseMatch enables Keepabl to manage their policies and be compliant with multiple regulations which apply to a RegTech ‘’‘’company, such as the... more
Governor Software’s RegTech software on the FCA Handbook website
- 6 years 4 weeks ago
- RegTech
Governor Software Ltd, an innovative governance and oversight solution provider, today announced that Governor Reg: FCA, a live version of the FCA Handbook allowing UK regulated financial institutions to map, track and report regulatory compliance, has been seamlessly integrated into the FCA Handbook website to enhance overall user experience, improve navigation and provide .csv downloads of relevant items.
