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
EverCompliant reels in $9.5m to tackle transaction laundering
Transaction laundering detection and prevention company EverCompliant has raised $9.5m in a Series A round. Abor Ventures led the funding with existing backers. Read more: www.fintechroundup.com
Contego snaps up Right-to-Work solution Working Status
UK RegTech platform Contego has acquired compliance software maker Working Status. The financial terms of the deal are undisclosed. Read more: www.fintechroundup.com
Will IBM Watson endanger RegTech startups in 2017?
The history of RegTech may take a hit and course correction as IBM has silently made its way into RegTech this fall. Read more: www.letstalkpayments.com
Watch out for RegTech, Chatbots and India in 2017
PwC's newly appointed FinTech and RegTech Leader for China & Hong Kong, has put forward some predictions for FinTech in Asia. Read more: www.econotimes.com
What’s in Store for RegTech in 2017?
RegTech has been a famous buzzword in 2016 and the industry – banking and FinTech alike – is looking eagerly at 2017. Read more: www.letstalkpayments.com
Smart contracts in RegTech?
Faisal Khan on how the world can benefit from regulator initiated smart contracts on the blockchain. Read more: www.banknxt.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
Fraugster nabs $5m for AI-powered anti-fraud
Artificial intelligence-powered anti-fraud startup Fraugster has raised $5m in funding. Earlybird led the round with existing backers also participating. Read more: www.fintechroundup.com
Onfido now serves 2 billion unbanked individuals
Onfido announced this week it is helping to bring financial services to the 2 billion unbanked individuals worldwide with its Machine Learning-based solution. Read more: www.crowdfundinsider.com