Regulatory technology

EQS-News: Takeover offer successful: Thoma Bravo secures approx. 98% of the share capital of EQS

Retrieved on: 
Wednesday, January 17, 2024
Partnership, Software, Pineapple, Acquisition, Regulatory technology, Thoma Bravo, Security (finance)

In connection with the Offer, Thoma Bravo has secured a total stake of approx.

Key Points: 
  • In connection with the Offer, Thoma Bravo has secured a total stake of approx.
  • 98% of the share capital of EQS, which includes all tendered shares, shares acquired on the market as well as shares subject to the partial re-investment of Achim Weick, CEO and founder of EQS.
  • In addition, Thoma Bravo will subscribe for a 10% capital increase of EQS at closing.
  • The high acceptance rate is a tremendous success for our first acquisition in Germany,” said Irina Hemmers, Partner at Thoma Bravo.

Sumsub Joins the MENA Fintech Association

Retrieved on: 
Wednesday, January 17, 2024
KYC, MFTA, Policy, Fintech, Partnership, KYB, Growth, Environment, Regulatory technology

DUBAI, UAE, Jan. 17, 2024 /PRNewswire/ -- Sumsub, a global full-cycle verification platform, has joined the MENA FinTech Association (MFTA) to drive business growth in the Middle East and North Africa (MENA), raise identity fraud awareness, and foster innovation in the fintech sector. This partnership highlights Sumsub's commitment to establishing and strengthening key industry connections and contributing to the ever-evolving fintech landscape in the Middle East and African markets.

Key Points: 
  • Founded in 2018, the MENA Fintech Association is globally recognized as one of the top-4 fintech groups in the world, bringing together fintech companies, startups, investors, regulators, influencers and academia.
  • In December, Sumsub was announced winner in the RegTech of the Year category of the 2023 MENA FinTech Awards.
  • Nameer Khan, Chairman of the MENA Fintech Association and Founder of FILS, commented: "We are pleased to welcome Sumsub to the MENA Fintech Association.
  • Andrew Sever, co-founder and CEO of Sumsub, added, "For Sumsub, partnering with the MENA Fintech Association marks a new level of presence in the region.

Saifr to be Featured on Advancements Episode, Saturday, February 10th at 8:00 PM ET

Retrieved on: 
Tuesday, January 16, 2024
Software, Entertainment, Professional Services, Technology, Other Education, Artificial Intelligence, Education, TV and Radio, Legal, Marketing, Communications, Finance, Entrepreneurship, Artificial intelligence, Tune, Workflow, Regulatory technology, Machine learning, Fintech, Medical device

The educational segment explores how technology and digitization can reduce inefficiencies and complexities in financial services compliance workstreams.

Key Points: 
  • The educational segment explores how technology and digitization can reduce inefficiencies and complexities in financial services compliance workstreams.
  • “We’re thrilled to be an example of the promise of AI technologies,” said Vall Herard.
  • Saifr is also included on FinTech Global’s 2023 AI FinTech 100 list.
  • Tune in to Bloomberg on February 10, 2024, to watch Saifr being featured on Advancements with Ted Danson, which is scheduled to broadcast in the U.S. via cable and satellite providers.

Third-Party Banking Software Market Size to Grow USD 16620 Million by 2029 at a CAGR of 8.8% | Valuates Reports

Retrieved on: 
Tuesday, January 16, 2024
Cloud, Risk management, Artificial intelligence, FDIC, Business intelligence, Cloud computing, Data management, AI, Business, Ecosystem, Organization, Software, Blockchain, USD, Regulatory technology, OCC, Compound annual growth rate, Information, Biometrics, Online shopping

BANGALORE, India , Jan. 16, 2024 /PRNewswire/ -- The Third-Party Banking Software Market is Segmented by Type ( Core Banking Software , Multi-Channel Banking Software, BI Software , Private Wealth Management Software ), by Application ( Risk Management , Information Security, Business Intelligence , Training and Consulting Solutions).

Key Points: 
  • BANGALORE, India , Jan. 16, 2024 /PRNewswire/ -- The Third-Party Banking Software Market is Segmented by Type ( Core Banking Software , Multi-Channel Banking Software, BI Software , Private Wealth Management Software ), by Application ( Risk Management , Information Security, Business Intelligence , Training and Consulting Solutions).
  • The Global Third-Party Banking Software Market is projected to grow from USD 10050 Million in 2023 to USD 16620 Million by 2029, at a Compound Annual Growth Rate (CAGR) of 8.8% during the forecast period.
  • The need for regulatory technology (RegTech) solutions in third-party banking software has been driven by strict regulatory requirements and the increasing intricacy of compliance.
  • Third-party banking software companies now have more prospects as a result of the global expansion of open banking initiatives.

Third-Party Banking Software Market Size to Grow USD 16620 Million by 2029 at a CAGR of 8.8% | Valuates Reports

Retrieved on: 
Tuesday, January 16, 2024
Cloud, Risk management, Artificial intelligence, FDIC, Business intelligence, Cloud computing, Data management, AI, Business, Ecosystem, Organization, Software, Blockchain, USD, Regulatory technology, OCC, Compound annual growth rate, Information, Biometrics, Online shopping

BANGALORE, India, Jan. 16, 2024 /PRNewswire/ -- The Third-Party Banking Software Market is Segmented by Type ( Core Banking Software , Multi-Channel Banking Software, BI Software , Private Wealth Management Software ), by Application ( Risk Management , Information Security, Business Intelligence , Training and Consulting Solutions).

Key Points: 
  • BANGALORE, India, Jan. 16, 2024 /PRNewswire/ -- The Third-Party Banking Software Market is Segmented by Type ( Core Banking Software , Multi-Channel Banking Software, BI Software , Private Wealth Management Software ), by Application ( Risk Management , Information Security, Business Intelligence , Training and Consulting Solutions).
  • The Global Third-Party Banking Software Market is projected to grow from USD 10050 Million in 2023 to USD 16620 Million by 2029, at a Compound Annual Growth Rate (CAGR) of 8.8% during the forecast period.
  • The need for regulatory technology (RegTech) solutions in third-party banking software has been driven by strict regulatory requirements and the increasing intricacy of compliance.
  • Third-party banking software companies now have more prospects as a result of the global expansion of open banking initiatives.

Red Oak Compliance Solutions Celebrates Fifth Consecutive Year on the RegTech 100 List

Retrieved on: 
Tuesday, January 9, 2024
Research, Insurance, AI, Software, Risk management, Red oak, Regulatory technology, Organization, Friction, Growth, Medical device

Austin, Texas, Jan. 09, 2024 (GLOBE NEWSWIRE) -- Red Oak Compliance Solutions , a leader in AI-powered advertising compliance technology, was once again named to the RegTech100 list.

Key Points: 
  • Austin, Texas, Jan. 09, 2024 (GLOBE NEWSWIRE) -- Red Oak Compliance Solutions , a leader in AI-powered advertising compliance technology, was once again named to the RegTech100 list.
  • "Red Oak remains dedicated to developing AI-powered solutions that reduce friction, making compliance processes more efficient and helping to reduce regulatory risks."
  • Since its inception, Red Oak Compliance Solutions has consistently set benchmarks in the industry by introducing groundbreaking technologies and solutions that redefine how compliance teams successfully navigate regulatory challenges and help their firms remain competitive.
  • As Red Oak Compliance Solutions celebrates this significant milestone, the company remains focused on driving innovation, fostering strong partnerships, and delivering intelligent, value-driven solutions that empower organizations to thrive in an increasingly complex regulatory environment.

EQS-News: Management Board and Supervisory Board of EQS Group AG recommend accepting the public takeover offer by Thoma Bravo

Retrieved on: 
Saturday, December 30, 2023
Partnership, Bidding, Pineapple, Regulatory technology, Thoma Bravo, EUR, Management, Property management

After careful and thorough review of the offer document published by the Bidder on December 4, 2023, the management board and the supervisory board of EQS recommend that the shareholders of EQS accept the Offer.

Key Points: 
  • After careful and thorough review of the offer document published by the Bidder on December 4, 2023, the management board and the supervisory board of EQS recommend that the shareholders of EQS accept the Offer.
  • The Management board and the supervisory board of EQS are of the opinion that the Offer is in the interest of EQS, its shareholders and its employees.
  • The other members of the management board and the members of the supervisory board of EQS consider the offer price fair and intend to accept the Offer for all EQS shares held by them.
  • Only the reasoned opinion of the management board and supervisory board of EQS is decisive.

The 13th Golden Bauhinia Award was announced in Hong Kong，OKG Becomes the First Web3 Enterprise to Win the Award

Retrieved on: 
Friday, December 15, 2023
TB, KYA, Motherboard, Economic development, Crime, Blockchain, Risk, Trust, University, Golden Bauhinia Awards, Government, OpenAPI, Regulatory technology, KYT, AI, Fraud, Stock exchange, Policy, AML, Development, Security (finance), OKG, Cryptocurrency

OKG Technology Holdings Limited (1499.HK), a listed company on the Hong Kong Stock Exchange, was awarded the "Most Influential Listed Company in Brand" prize, making it the first Web3 enterprise to receive the Golden Bauhinia Award.

Key Points: 
  • OKG Technology Holdings Limited (1499.HK), a listed company on the Hong Kong Stock Exchange, was awarded the "Most Influential Listed Company in Brand" prize, making it the first Web3 enterprise to receive the Golden Bauhinia Award.
  • This year's Golden Bauhinia Awards began to pay attention to the Web3 industry, and OKG, with its outstanding strength.
  • "We are very honored to be the representative Web3 enterprise to receive the Golden Bauhinia Award, which is an affirmation of the company's past business and products."
  • Web3 is an important field for the future development of financial technology in Hong Kong.

noqodi partners with Napier to secure Digital Payments in the UAE

Retrieved on: 
Wednesday, December 13, 2023
Technology, Finance, Security, Fintech, Banking, Professional Services, Digital Cash Management, Digital Assets, Software, Artificial Intelligence, Business transaction management, Risk management, Face, Anomaly, Digital wallet, Nextgen, Risk, SME, Regulatory technology, Digital, Partnership, AML, Growth, API, AI, Environment, Cryptocurrency, Online shopping

Napier , the London-based financial crime compliance RegTech, is pleased to announce it has been selected as the anti-money laundering (AML) platform for noqodi , the leading Digital Wallet and Payments Solution based in the United Arab Emirates (UAE).

Key Points: 
  • Napier , the London-based financial crime compliance RegTech, is pleased to announce it has been selected as the anti-money laundering (AML) platform for noqodi , the leading Digital Wallet and Payments Solution based in the United Arab Emirates (UAE).
  • Napier is providing its Transaction Monitoring , Client Screening , Client Risk Assessment and Client Activity Review solutions to noqodi, in order to further strengthen its commitment to supporting the government’s initiative to a secure, cashless, digital economy.
  • Building on the announcement of the partnership between Napier and noqodi to fortify digital payments in the UAE, Zahi Kallab , General Manager of noqodi highlighted:
    "This partnership with Napier marks a significant milestone for noqodi in our journey towards revolutionizing digital payments in the UAE.
  • This collaboration reinforces our dedication to providing a cutting-edge, secure, and compliant payments platform for our users, reflecting our strategic vision for the future of digital transactions in the UAE."

Saifr® Named to RegTech 100 List of Most Innovative RegTech Companies

Retrieved on: 
Wednesday, December 6, 2023
Professional Services, Technology, Legal, Finance, Software, Artificial Intelligence, Natural language processing, Organization, Risk management, Research, Artificial intelligence, Regulatory technology, Marketing, Machine learning, AI, Fintech, Medical device

Saifr® , a compliance solutions provider that uses artificial intelligence (AI) to help detect and correct regulatory compliance and brand risks in financial services marketing content, has been named to the 2024 RegTech 100 list of the world’s most innovative RegTech companies.

Key Points: 
  • Saifr® , a compliance solutions provider that uses artificial intelligence (AI) to help detect and correct regulatory compliance and brand risks in financial services marketing content, has been named to the 2024 RegTech 100 list of the world’s most innovative RegTech companies.
  • Presented by FinTech Global, the RegTech100 is an annual selection of the top groundbreaking RegTech companies from around the world.
  • “Saifr’s inclusion on the RegTech 100 list reflects our mission to simplify regulatory compliance using advanced artificial intelligence,” said Vall Herard, Co-founder and CEO of Saifr.
  • Saifr recently won the Best AI Solution for Regulatory Compliance award from A-Team Group’s annual RegTech Insight Awards USA 2023, and is included on FinTech Global’s 2023 AI FinTech 100 list.