RegTech could keep firms from being overprotective
One solution to protecting financial data is simply to treat all data as sensitive. However, this all-or-nothing approach would lead to unnecessarily large data storage requirement. Read more: www.finextra.com
RegTech thrives on change like Trump, Brexit and China
RegTech companies will continue to serve the market of integrating systems while offering these services in a dynamic way as regulations change. Read more: www.bankinnovation.com
Dealflo scores £10m for deal automation
Financial agreement automation platform Dealflo has picked up £10m in a Series B round led Holtzbrinck Ventures. Read more: www.fintechroundup.com
RegTech has become a crucial pillar of FinTech
The financial sector adheres to strict regulations, including the FinTech companies changing the world of finance, but the technology handling regulatory compliance is also adapting. Read more: www.industryandbusiness.ca
Brazilian RegTech solution IDwall secures $600,000
Brazilian RegTech startup IDwall has secured $600,000 in funding for its document validation, background checking and identity verification solutions. Read more: www.fintechroundup.com
Trulioo expands into Korea with AML/KYC solution
Trulioo, an on-demand global identity verification company, has expanded coverage to the Republic of Korea with its GlobalGateway platform. Read more: www.crowdfundinsider.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
IOB Singapore looks for new RegTech system
IOB Singapore is looking to modernise its regulatory reporting tech. Read more: www.bankingtech.com
24 companies accepted for FCA’s FinTech sandbox
The Financial Conduct Authority (FCA) has announced the first 24 companies that will be taking part in its regulatory sandbox. Read more: www.cryptocoinsnews.com
KYC may be the next big thing for blockchain
The KYC process is costly, inefficient, and mandatory but the use of blockchain has the potential to reduce much of the headache. Read more: www.bankinnovation.net