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The Data Differentiator In Compliance

PYMNTS

Banks and financial institutions spend billions of dollars to ensure they are meeting compliance requirements and properly managing risks. In fact, Brett Smiley, general manager of Americas for ComplyAdvantage , shared that only 3 to 5 percent of money laundering that happens around the world actually gets identified.

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Fintech Fundings: 21 Companies Raise $440 Million Week Ending July 23

Fintech Labs Insights

While not a pure fintech play, we included it here because its primary customers are the big insurers, including the U.S. Corporate purchasing management. Fortress Risk Management. Enterprise risk management services for financial institutions. Using the blockchain for managing records. Argos Risk.

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Fintech Fundings: 14 Companies Raise $160 Million Week Ending May 15

Fintech Labs Insights

Two FinovateSpring 2015 presenters landed big rounds: Credit Sesame raised $16 million to expand its debt management and credit tracking platform. Consumer credit management. HQ: Austin, Texas. The post Fintech Fundings: 14 Companies Raise $160 Million Week Ending May 15 appeared first on Finovate. Source: TechCrunch.

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Fintech Fundings: 17 Companies Raise $235 Million Week Ending Sep 25

Fintech Labs Insights

Funding to the fintech sector maintained pace this week with another quarter-billion ($234.3 HQ: Austin, Texas. Risk management. The post Fintech Fundings: 17 Companies Raise $235 Million Week Ending Sep 25 appeared first on Finovate. million) added to the bank accounts of 17 startups worldwide. HQ: Bejing, China.

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Fintech Fundings: 22 Companies Raise $300 Million Plus 2 IPOs Raise $5.9 Billion

Fintech Labs Insights

It was a blockbuster week in fintech with more than $6 billion in new funds flowing to the sector. Expense management solutions for small businesses. 401(k) management. Using the blockchain for managing records. HQ: Austin, Texas. Tags: Enterprise, SMB, investing, wealth management, data. Source: Re/Code.

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Finovate Alumni News

Fintech Labs Insights

Fiserv launches Prologue Risk Manager to streamline and simplify compliance. Hyperwallet begins 24/7 support amidst launch of new Austin contact center. Around the web. RAGE Frameworks unveils LiveSpread , an AI solution to aid in processing of financial documents for credit analysis. Credit Karma announces free tax returns.

Austin 12
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Fintech Fundings: 38 Companies Raised $300 Million First Week of June

Fintech Labs Insights

With 38 deals reported – one shy of the weekly record – fintech companies raised $303 million worldwide the first week of June. Fintech deals by size from May 28 to 3 June, 2016: Partners Life. HQ: Austin, Texas. Tags: Advisors, institutions, investing, trading, risk management. Online insurance. Latest round: $12.5