EverCompliant reels in $9.5m to tackle transaction laundering
Transaction laundering detection and prevention company EverCompliant has raised $9.5m in a Series A round. Abor Ventures led the funding with existing backers. Read more: www.fintechroundup.com
FinTech’s road to regulatory acceptance is just starting
Fintech is not a shiny new object attracting attention in 2016. Its fight for market and regulatory acceptance has played out over two decades. Digital technology seemingly became the acknowledged platform for the future of financial commerce almost overnight. Read more: www.fintechranking.com
UK & US FinTech Working Group to explore RegTech
Innovate Finance and Hogan Lovells are looking at the potentially transformative role that regulatory technology (RegTech) will have on US financial environment. Read more: www.fintechranking.com
Automating regulation for financial institutions
Regulatory compliance is timeconsuming and expensive for both financial institutions and regulators. Read more: www.jdsupra.com
ECommPay becomes first to implement MasterCard dashboard
The MasterCard Dashboard is engineered to aggregate insights from across the MasterCard global network to provide a detailed overview of transactions. Read more: www.finextra.com
Bitcoin gets legal protection in China
The Chinese authorities issued a notice on the risk prevention of Bitcoin in 2013. Read more: e27.co
Is RegTech the new FinTech?
Regulation is one of a number of services to receive the ‘Tech’ treatment in recent times. As with its bigger brother FinTech, the definition of RegTech will mean different things to different people in this developing area. Read more: www2.deloitte.com
Chinese banks want to use blockchain to combat fraud
Chinese banks are hiring blockchain experts as the government pushes use of the technology behind bitcoin to increase transparency and combat fraud. Read more: fortune.com
Will IBM Watson endanger RegTech startups in 2017?
The history of RegTech may take a hit and course correction as IBM has silently made its way into RegTech this fall. Read more: www.letstalkpayments.com
Banco Sabadell in RegTech project with AxiomSL
Risk management and regulatory reporting software vendor AxiomSL has been selected by Banco Sabadell. Read more: www.bankingtech.com