Regulatory technology stories - Page 16

Financial firms face rising fines and must adopt digital regulatory reporting to ensure compliance, cut costs and boost operational resilience in 2024 and beyond.

Avalara launches AI tools including Avi and MCP servers to automate global tax compliance, cutting filing times and lowering risks for 43,000 users worldwide.

Irish fintech has secured nearly EUR €1bn in five years, as new data show strong 2023 deal activity despite weaker European VC flows.

i-GENTIC has unveiled GENIE, an AI platform enabling real-time compliance automation for regulated industries like finance and healthcare.

WiseTech has secured a seven-year deal to digitise New Zealand's customs tariff, launching an online portal and free local BorderWise access.

GTreasury launches GSmart AI, an AI platform enhancing CFOs' treasury operations with secure, compliant insights and automation in volatile markets.

Pure Global appoints Ran Chen as CTO to advance AI-driven regulatory automation, aiming to cut costly delays for medical device manufacturers worldwide.

As corporate banking undergoes a digital transformation, real-time KYC processes powered by Corporate Digital Identity are set to significantly enhance operational efficiency.

The future of financial crime prevention is being reshaped by AI and quantum computing, presenting both opportunities and risks, says Efficient Frontiers International.

A recent ISACA report reveals that privacy professionals face soaring stress levels due to budget cuts and regulatory pressures, with 63% feeling more stressed than five years ago.

XChain has launched its transaction monitoring services for Virtual Asset Service Providers in the UAE, enhancing compliance and risk management in the sector.

Neil Acworth steps into the role of Chief Information Security Officer at Encompass Corporation, bolstering the firm's commitment to delivering robust, data-centred financial security measures.

94% of senior UK finance professionals consider AI-driven market manipulation an impending threat, as bots harbour potential to covertly disrupt trading, cites a study by eflow Global.

Lithuanian RegTech firm, iDenfy, teams up with Czech fintech, CO2IN, to bolster the verification process, making carbon credit transactions safer and directly aiding the fight against climate change.

Regtech firm eFlow Global announces plans for international expansion, strengthening its position in the US and increasing its already significant client base by 57% in the past year.

Judged by an expert cross-industry panel, the awards celebrate the association's members who have achieved the most significant impact over the last year.

Australian start-up CredShare has announced it's raised a further circa $2.7 million while unveiling the next evolution of its credentials platform.

Regulatory technology in the Asia Pacific is facing a difficult challenge of bridging the divide between developed and developing economies in the region.

Australian tech firm TAS warns businesses that neglecting compliance is nearly as risky as cyber threats, urging a compliance-first culture.

Kyckr raises AUD $5.2 million through share placement, bolstering global commercialisation plans and strategic partnerships with the likes of AXA Singapore.