Regtech
New Wealth Partners With Apiax for Real-Time Cross-Border Compliance Checks
New Wealth, a Singaporean B2B wealthtech company, announced that it has tied up with Switzerland’s regtech firm Apiax to embed actionable compliance knowledge into its software to ensure relationship managers are compliant at all times. This collaboration will help banks
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Silent Eight Secures US$40 Million in Series B Funding Round
Silent Eight, a Singaporean regtech startup leveraging artificial intelligence (AI), announced the closing of a US$40 million Series B funding round, bringing its total funds raised to US$55 million. This round brings the firm’s total valuation to four times its
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Walking the Tightrope Between Legal Compliance and User Experience in the Financial Sector
The digital revolution has upended the business practices of countless companies operating in almost every industry imaginable – but perhaps none have been quite as affected as the financial sector. With data security and cyber crime such high priorities for
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Here Are the Key Findings From OneSpan’s Global Financial Regulations Report
OneSpan recently released its second annual Global Financial Regulations Report, that outlines major developments in the regulatory landscape. In conjunction with comprehensive research into how the changing regulatory landscape is impacting the banking community, this year’s report also reveals how
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4 Must-Haves to Build an Effective Online Fraud Prevention and Detection Strategy
Financial crime has increased in recent years and is constantly evolving. With total combined fraud losses reaching a record high of $56 billion in 2020, financial organisations around the world are facing a growing challenge from fraudsters who are becoming
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ADVANCE.AI Harnesses Dow Jones’ Compliance Solutions to Bolster Core Services
ADVANCE.AI, a Singapore-based artificial intelligence (AI) and big data company, has teamed up with Dow Jones, a global provider of news and business information, to strengthen its core suite of B2B risk and compliance products across South and Southeast Asian
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Future-Proofing Against Compliance and Risk When Expanding Globally
Globalization Partners, a US-based compliant and automated global employment platform, found that companies that grow internationally without prioritising compliance are sure to run into problems according to its “7 Compliance Challenges Companies Face When Growing Globally” e-book. As a fast-growing
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Explosion of Data Fuels Demand for Regtech Amidst Growing Regulatory Complexity
The proliferation of data and an ever-so complex regulatory environment are driving the rise of regtech, forcing financial institutions to look for new ways and tools to comply, experts said during a panel discussion. During Fintech Fireside Asia’s latest virtual
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Napier Provides AML Controls for Cross-Border Payments Specialist ONEPIP
Napier, provider of advanced anti-financial crime compliance solutions, has announced that cross-border payment specialist ONEPIP will be using its technology as part of the latter’s upgraded anti-money laundering (AML) controls. The regtech firm’s AI-led transaction monitoring, client activity review and
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The Evolving Opportunities and Roadblocks in Singapore’s Maturing Regtech Scene
Progressive regulations, strong government support and the availability of talent and capital are cementing Singapore as a fintech hub with a maturing regtech market. However, the impact of Covid-19 has catalysed the development of its regtech sector, according to a
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