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
Fintech spawns RegTech to automate compliance with regulations
Entrepreneurs and innovators are invading the complex and often arcane world of regulatory compliance. Read more: www.bloomberg.com
Percentile to embark on RegTech trade mission to NY
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
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
ComplyAdvantage grabs $8.2m for AI-driven compliance
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
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
ASIC releases licensing exemption for FinTech startups
Eligible businesses will be able to commence testing without a licence for a maximum period of 12 months with up to 100 retail customers. Read more: www.zdnet.com
Is Blockchain a dilemma for regulators?
Gabrielle Patrick is a UK and US lawyer specializing in cryptofinance and distributed ledger technology. Read more: www.baypayforum.com
IOB Singapore looks for new RegTech system
IOB Singapore is looking to modernise its regulatory reporting tech. Read more: www.bankingtech.com
Market surveillance firm Ancoa sets up advisory board
Ancoa Software, a contextual surveillance and insightful analytics provider for exchanges, regulators, and buy and sell-side firms, is establishing an advisory board.