REGTECH

BNP Paribus Securities Services has invested in compliance startup Fortia giving the BNP Paribus subsidy a minority stake in the business. Read more: www.fintechroundup.com

Artificial intelligence-based compliance startup ComplyAdvantage has raised $8.2m in a Series A round. The investment in the London-based regtech firm was led by Balerton Capital. Read more: www.fintechroundup.com

Founded in 2011, FundAmerica demonstrated its API for crowdfunding platform compliance at FinovateSpring 2015. Read more: www.finovate.com

IOB Singapore is looking to modernise its regulatory reporting tech. Read more: www.bankingtech.com

In an interview with PYMNTS, Cheryl Gurz of CGI said that to properly address financial crime, it must first be defined. Read more: www.pymnts.com

New regulations may be needed to keep up with the “speed and impact” of FinTech developments, said SEC Chairwoman White. Read more: www.thinkadvisor.com

Fintech is transforming consumer financial services, but automation and data innovation can also help banks meet their growing regulatory demands. Read more: www.americanbanker.com

FinTech has been labelled a modern day gold rush fuelled by ambitious entrepreneurs and innovative technologies and consumer demand. Read more: www.theaustralian.com.au

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

A significant number of parties are scurrying to submit their applications to run peer-to-peer (P2P) lending platforms in Malaysia. Read more: www.thestar.com.my