REGTECH

Percentile announced that it has been selected to be part of the first UK RegTech mission to New York City. Read more: www.finextra.com

Risk management and regulatory reporting software vendor AxiomSL has been selected by Banco Sabadell. Read more: www.bankingtech.com

NEX Optimisation, which helps clients simplify complexity and optimise their resources, announces the launch of NEX Regulatory Reporting. Read more: www.finextra.com

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

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

Financial agreement automation platform Dealflo has picked up £10m in a Series B round led Holtzbrinck Ventures. Read more: www.fintechroundup.com

With an anticipated wave of deregulation, neither the U.S. nor the U.K. wants to apply the old way of regulation to FinTech firms. Read more: www.bankinnovation.net

Denver-based regtech startup Convercent has raised a fresh $10m in funding. The new round attracted Sapphire Ventures and Tola Capital Fund. Read more: www.fintechroundup.com

Regulation does not exist in a vacuum, and neither does technology: both evolve organically in a geo-political and economic context. Read more: www.finextra.com

PayPal said Wednesday it had received subpoenas from the US Justice Department over its anti-money-laundering compliance program. Read more: www.wsj.com