RegTech Insight Regulatory Technologies The latest content from across the platform
RecordSure Partners with KPMG to Enter Australia
UK-based data management provider RecordSure has joined up with KPMG Australia to deliver its customer trust and transparency solutions to Australian financial institutions. RecordSure uses AI and machine learning to capture data from customer interactions in order to improve regulatory compliance: including the use of analytics and automation tools to record and transpose speech to…
Ascent Announces AI-Driven Change Management Service
Regulatory compliance firm Ascent Regtech, which offers a cloud-based Intelligence-as-a-Service platform, has launched a new change management product that automatically delivers targeted and bespoke regulatory updates to the customer. The product is designed to improve horizon scanning and change management processes by delivering a targeted feed of new regulations and rule changes that apply specifically…
RegTech Insight Awards 2019 – Shortlist Announced!
The nominations for the 2019 RegTech Insight Awards are now closed, and we are delighted to announce this year’s shortlist. Well done to everybody that entered, and sincere thanks to our advisory board for taking such painstaking care in evaluating the record number of entries we received this year. Now in their third year, The…
Fenergo Launches New Rules-as-a-Service Solution
Client lifecycle management software provider Fenergo has launched a new cloud-based Rules-as-a-Service solution to futureproof financial instititions against evolving regulatory requirements. The plug and play solution will enable financial institutions to integrate Fenergo’s current regulatory rules capabilities into their existing digital platforms. A recent study by Fenergo suggests that the improvement of data and document…
RegTech Could be Worth $7.2bn by 2023
Spending on RegTech is forecast to climb to US$7.2 billion by 2023, from US$2.3 billion in 2018 – a CAGR of 25.4% during the forecast period 2018-23. The Asia Pacific region is expected to hold the highest potential, and will see the fastest growth over the five-year period. The compliance management solution segment is expected…
Shield FC Wins Deloitte RegTech Challenge
Shield Financial Compliance (Shield FC) has been named by Deloitte as one of the most innovative start-ups using artificial intelligence (AI) to solve regulatory challenges in the financial sector. Shield FC’s cross-regulation compliance platform provides a 360 view of all electronics communications and trades, making compliance more efficient and ROI driven. “As Deloitte, we are…
Cambridge Centre for Alternative Finance and EY Japan Join Forces to Launch Global RegTech Benchmarking Survey
The Cambridge Centre for Alternative Finance (CCAF), an international interdisciplinary academic research institute dedicated to the study of alternative finance, has launched its first survey of RegTech and SupTech (supervisory technology) firms in partnership with EY Japan and with support from industry bodies including The International RegTech Association. Fieldwork is now underway for the survey,…
Theta Lake Raises $5m in Seed Funding
Theta Lake, an AI-based RegTech provider for video communication compliance based in California, has raised $5 million in its first round of Series A seed funding led by Neotribe Ventures and Firebolt Ventures. Theta Lake’s platform uses AI to help compliance teams more effectively scale their compliance risk detection and workflow for supervising communication on…
Brussels Issues Draft Guidelines for AI Regulation
In December 2018 the European Commission’s High Level Expert Group on Artificial Intelligence (AI HLEG) released its ‘Draft Ethics Guidelines for Trustworthy AI’, a working document for stakeholder engagement that cites AI as “one of the most transformative forces of our time.” The guidelines emphasise that “an ethical approach to AI is key to enable…
RegTech Blockchain Start-up Raises $1.7m in Seed Funding
TRM Labs, a San Francisco-based RegTech start-up focusing on blockchain solutions, has raised $1.7 million in seed funding from a consortium of investors led by specialist venture capital firm Blockchain Capital and including Tapas Capital, Green D Ventures, The MBA Fund and other angel investors. TRM will use the funds to scale its engineering talent…