Regulatory technology

Wahed, the world's leading Islamic robo-advisor, announces its new CEO, Mohsin Siddiqui

Retrieved on: 
Sunday, March 31, 2024
Fintech, Series, Regulatory technology, Management

NEW YORK, March 31, 2024 /PRNewswire/ -- Wahed, a global Shariah compliant FinTech, announces the appointment of Mohsin Siddiqui as Chief Executive Officer.

Key Points: 
  • NEW YORK, March 31, 2024 /PRNewswire/ -- Wahed, a global Shariah compliant FinTech, announces the appointment of Mohsin Siddiqui as Chief Executive Officer.
  • Prior to this, Mohsin was with UK–based RegTech ComplyAdvantage serving as its Chief Revenue Officer, tasked with leading its revenue growth objectives after its Series-C round of funding.
  • Mohsin started his career at OANDA, a New York–based online trading fintech, where he served as the Chief Customer Officer and Managing Director.
  • On his appointment, Mohsin said: 'The vision of Wahed is to create an inclusive and accessible global financial ecosystem.

Wahed, the world's leading Islamic robo-advisor, announces its new CEO, Mohsin Siddiqui

Retrieved on: 
Sunday, March 31, 2024
Fintech, Series, Regulatory technology, Management

NEW YORK, March 31, 2024 /PRNewswire/ -- Wahed, a global Shariah compliant FinTech, announces the appointment of Mohsin Siddiqui as Chief Executive Officer.

Key Points: 
  • NEW YORK, March 31, 2024 /PRNewswire/ -- Wahed, a global Shariah compliant FinTech, announces the appointment of Mohsin Siddiqui as Chief Executive Officer.
  • Prior to this, Mohsin was with UK–based RegTech ComplyAdvantage serving as its Chief Revenue Officer, tasked with leading its revenue growth objectives after its Series-C round of funding.
  • Mohsin started his career at OANDA, a New York–based online trading fintech, where he served as the Chief Customer Officer and Managing Director.
  • On his appointment, Mohsin said: 'The vision of Wahed is to create an inclusive and accessible global financial ecosystem.

Prosper Named 2024 "Best Peer-to-Peer Lending Platform" by Fintech Breakthrough Awards

Retrieved on: 
Tuesday, March 26, 2024
Consumer, SAN, Regulatory technology, Prosper Marketplace, Fintech, Bank

SAN FRANCISCO, March 26, 2024 /PRNewswire/ -- Prosper Marketplace , the first peer-to-peer lending platform in the United States, announced today that it has been honored with the prestigious Fintech Breakthrough Award for Best Peer-to-Peer Lending Platform in the Consumer Lending category.

Key Points: 
  • SAN FRANCISCO, March 26, 2024 /PRNewswire/ -- Prosper Marketplace , the first peer-to-peer lending platform in the United States, announced today that it has been honored with the prestigious Fintech Breakthrough Award for Best Peer-to-Peer Lending Platform in the Consumer Lending category.
  • The Fintech Breakthrough Awards program recognizes the top companies, technologies and products in the global financial services industry.
  • "We are honored to receive the Fintech Breakthrough Award for Best Peer-to-Peer Lending Platform," said David Kimball, CEO of Prosper.
  • With a commitment to transparency, security, and responsible lending practices, Prosper has established itself as a trusted leader in the peer-to-peer lending space.

Socure Wins "Best Identity Verification Solution" Designation in 2024 FinTech Breakthrough Awards for the Third Consecutive Year

Retrieved on: 
Tuesday, March 19, 2024
Intelligence, Fintech, Internet, Regulatory technology, Natural language processing, Database, Digital banking, Cryptocurrency

INCLINE VILLAGE, Nev., March 19, 2024 /PRNewswire/ -- Socure, the leading provider of artificial intelligence for digital identity verification, sanction screening and fraud prevention, today announced that it has been selected as winner of the "Best Identity Verification Solution" award for the third consecutive year in the 8th annual FinTech Breakthrough Awards program conducted by FinTech Breakthrough, an independent market intelligence organization that recognizes the top companies, technologies and products in the global FinTech market today.

Key Points: 
  • Socure's solution brings unparalleled accuracy and coverage offering 20-40% higher verification rates than competitors for hard-to-verify populations.
  • As a result, Socure customers recoup millions of dollars in revenue previously lost to inadequate population coverage or spent on legacy manual review processes.
  • Their models outperform standard techniques such as credit bureau data, and perform precise matching, even in the presence of variations or misspellings," said Steve Johansson, Managing Director, FinTech Breakthrough.
  • "Congratulations to Socure for winning the 'Best Identity Verification Solution' award.

KDAN Secures Multi-Million in Series B+ Funding, Launches AI Subscription Service

Retrieved on: 
Monday, March 18, 2024
KDAN, Privacy, Chatbot, Workflow, Regulatory technology, Software as a service, AI, API, Medical device

IRVINE, Calif., March 18, 2024 /PRNewswire/ -- KDAN, a leading SaaS provider of digital workflow and data solutions, has launched its KDAN AI service.

Key Points: 
  • IRVINE, Calif., March 18, 2024 /PRNewswire/ -- KDAN, a leading SaaS provider of digital workflow and data solutions, has launched its KDAN AI service.
  • This investment has empowered KDAN to enhance its AI development capabilities, aiming to optimize enterprise workflow and deliver data-driven solutions that generate value for businesses.
  • KDAN AI is different from the majority of AI solutions that serve a single purpose.
  • KDAN AI will introduce an AI Chatbot further down the line that generates document templates automatically based on user inputs and compares edits between versions.

InComm Payments Named "Best Overall FinTech Company" in 8th Annual FinTech Breakthrough Awards Program

Retrieved on: 
Thursday, March 14, 2024
Program management, Health, Fintech, Growth, Digital banking, Regulatory technology, Health care, OTC

ATLANTA, March 14, 2024 /PRNewswire/ -- InComm Payments, a leading payments technology company, today announced that it has been selected as winner of the "Best Overall FinTech Company" award in the 8th annual FinTech Breakthrough Awards program conducted by FinTech Breakthrough, an independent market intelligence organization that recognizes the top companies, technologies and products in the global FinTech market today.

Key Points: 
  • ATLANTA, March 14, 2024 /PRNewswire/ -- InComm Payments , a leading payments technology company, today announced that it has been selected as winner of the "Best Overall FinTech Company" award in the 8th annual FinTech Breakthrough Awards program conducted by FinTech Breakthrough , an independent market intelligence organization that recognizes the top companies, technologies and products in the global FinTech market today.
  • The Healthcare market is an area of intense focus for InComm Payments and its InComm Healthcare business unit.
  • "Whether eCommerce, Program Management, Digital Promotions, Fraud & Compliance, or Healthcare, InComm Payments delivers innovative payment solutions.
  • The FinTech Breakthrough Awards is the premier awards program founded to recognize the FinTech innovators, leaders and visionaries from around the world in a range of categories, including Digital Banking, Personal Finance, Lending, Payments, Investments, RegTech, InsurTech and many more.

RegCheck® by Asurity® Named "Best Compliance Management Solution" in 8th Annual FinTech Breakthrough Awards Program

Retrieved on: 
Thursday, March 14, 2024
Fintech, Digital banking, HOEPA, TILA, Regulatory technology, MISMO, API, QM, Financial adviser

WASHINGTON, March 14, 2024 /PRNewswire/ -- Asurity Technologies, LLC ("Asurity®"), a leader in consumer lending compliance software and advisory services, today announced that its RegCheck® system has been selected as the winner of the "Best Compliance Management Solution" award in the 8th annual FinTech Breakthrough Awards program conducted by FinTech Breakthrough, an independent market intelligence organization that recognizes the top companies, technologies, and products in the global FinTech market today.

Key Points: 
  • RegCheck is a comprehensive loan-level automated mortgage compliance system designed to streamline compliance reviews for mortgage lenders, banks, due diligence providers, and regulators.
  • RegCheck covers the entire lifecycle from submission of loan data to the generation of the final compliance report.
  • The solution offers comprehensive compliance testing of state and federal lending requirements, including HOEPA, QM, HPML, TILA, TRID, and more.
  • The limitations of other automated compliance products often result in compliance failures in loan applications and data gaps," said Steve Johansson, Managing Director, FinTech Breakthrough.

Branch Recognized for Digital Banking Innovation in 8th Annual FinTech Breakthrough Awards Program

Retrieved on: 
Thursday, March 14, 2024
Fintech, Digital banking, White label, As a service, Publishing, Regulatory technology, Android, Engineering, Workforce, IOS, W-2, Cryptocurrency

MINNEAPOLIS, March 14, 2024 /PRNewswire-PRWeb/ -- Branch, the leading workforce payments platform, today announced that its Branch White Label solution has been selected as winner of the "Best Banking-as-a-Service Solution Provider" award in the 8th annual FinTech Breakthrough Awards program conducted by FinTech Breakthrough, an independent market intelligence organization that recognizes the top companies, technologies, and products in the global FinTech market today.

Key Points: 
  • Branch White Label allows companies to quickly launch a branded payments experience backed by Branch's core payments technology and team of experts.
  • Operating as both a product and a service, Branch provides a digital wallet with fee-free banking services, instant payments, cash back rewards, and savings tools along with minimal technology investment and program management.
  • Using Branch, companies can offer their workers financial benefits and faster payments along with a company branded mobile app and debit card.
  • The FinTech Breakthrough Awards is the premier awards program founded to recognize the FinTech innovators, leaders, and visionaries from around the world in a range of categories, including Digital Banking, Personal Finance, Lending, Payments, Investments, RegTech, InsurTech and many more.

 Wolters Kluwer wins Best Regulatory Compliance Solution for IFRS 9 at the RegTech Insight APAC Awards

Retrieved on: 
Wednesday, March 6, 2024
Technology, Other Professional Services, Legal, Insurance, Finance, Apps, Applications, Consulting, Banking, Accounting, Professional Services, Other Technology, Software, Fintech, Data Management, Standard Chartered, International, Wolters Kluwer, DBS Bank, FRR, ALM, GRC, OCBC Bank, ESG, Risk, Regulatory technology, EHS, CP, Credit Suisse, Wolters, Creativity, HSBC, Financial adviser

Wolters Kluwer, a global leader in professional information, software solutions and services, today announced that its Finance, Risk and Regulatory Reporting (FRR) business has been recognized by RegTech Insight, with OneSumX winning the Best Regulatory Compliance Solution for IFRS 9, in its APAC Awards, 2024.

Key Points: 
  • Wolters Kluwer, a global leader in professional information, software solutions and services, today announced that its Finance, Risk and Regulatory Reporting (FRR) business has been recognized by RegTech Insight, with OneSumX winning the Best Regulatory Compliance Solution for IFRS 9, in its APAC Awards, 2024.
  • Angela Wilbraham, CEO at A-Team Group, and host of the 2nd annual RegTech Insight Awards APAC 2024, commented: “These awards celebrate providers of leading RegTech solutions, services and consultancy across Asia-Pacific.
  • The winners were selected by A-Team Group’s RegTech Insight community and demonstrated exceptional creativity in building solutions that solve regulatory challenges.
  • Our congratulations go to Wolters Kluwer for winning Best Regulatory Compliance Solution for IFRS 9.”
    Wolters Kluwer also won the RegTech Insight honor in 2022 .

MCO (MyComplianceOffice) Wins Best eComms Surveillance Solution in the APAC RegTech Insight Awards

Retrieved on: 
Wednesday, March 6, 2024
Software, Technology, Professional Services, Finance, MCO, Risk, Regulatory technology, Creativity, Trust

Global compliance technology provider MCO (MyComplianceOffice) has been awarded Best eComms Surveillance Solution in the 2024 RegTech Insight APAC awards.

Key Points: 
  • Global compliance technology provider MCO (MyComplianceOffice) has been awarded Best eComms Surveillance Solution in the 2024 RegTech Insight APAC awards.
  • “We’re honored to receive this award from RegTech Insight, and we thank all members of the industry community who voted for us,” said MCO CEO Brian Fahey.
  • The winners were selected by A-Team Group’s RegTech Insight community and demonstrate exceptional creativity in building solutions that solve regulatory challenges.
  • Thanks to our many Asia-Pacific customers for your trust and support and thanks to our stellar APAC team and the entire MCO organisation for your ongoing efforts.”