Regtech stories

REGnosys has open-sourced its regulatory language Rune to FINOS, aiming to streamline compliance and reduce UK banks' annual reporting costs of up to GBP £4.5 billion.

FinTech Australia’s 2024 Finnie Awards celebrated 19 categories at Sydney's Doltone Wharf, honouring standout contributions in the evolving financial technology sector.

Innovate Finance, City of London Corporation, and Encompass Corporation launch a RegTech Platform to expedite fintech initiatives, provide guidance to RegTech providers, and address sector challenges.

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.

Lithuania's iDenfy partners with StackGo to boost the Australian firm's SaaS solutions for SMEs in regulated sectors, employing Anti-Money Laundering screening for smarter compliance.

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.

Australian consumer data leader, Biza.io, welcomes Jessica Booth as Head of Customer Success to drive further growth in CDR space.

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.

Capital markets tech firm Aquariux appoints Kelvin Chia as CEO. The company received SGD $3m pre-seed investment to expand its team and services.

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

Australia's regtech sector showcases how technology can aid economic recovery post-COVID-19, with support from the government and startups.

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.

Technology is advancing a lot quicker, and the incumbent banks need to be more up to speed but are held back by a lot of legacy systems.

Singapore-based AI startup Silent Eight has won the top spot at the RegTech Association Australia’s inaugural pitch fest this year.

The New South Wales government sponsors The RegTech Association to support growth in the emerging regulatory technology sector.

In the report, regtech is defined as technology that helps businesses comply with regulations efficiently and inexpensively.