Saturday, July 27, 2024

You’ve heard of FinTech, get ready for RegTech

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

5 startups rebooting regulation

FinTech has another cousin. The rise of InsurTech is running parallel to the rise of RegTech. Read more: bankinnovation.net

Bloomberg unveils IRS compliant tax calculation tool

Today, Bloomberg unveiled Tax Solution to help the global investment community adhere to a new IRS withholding requirement. Read more: www.businesswire.com

Automating regulation for financial institutions

Regulatory compliance is timeconsuming and expensive for both financial institutions and regulators. Read more: www.jdsupra.com

Could regulators perform AML in a blockchain world?

Real time networks provide central banks the ability to settle mass market retail transactions in real time. Read more: www.finextra.com

Percentile makes new hires for buy-side and sell side growth

Percentile, providers of technology for risk management and regulatory compliance. Read more: www.finextra.com

SEC Chief White: FinTech may need new regulation

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

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

PayPal receives subpoenas over anti-money-laundering compliance

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

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