The dramatic increase in digital financial transactions has also seen a rise in fraudulent activities, posing significant challenges to financial institutions worldwide. In response, Galileo Financial Technologies, a subsidiary of SoFi Technologies, has introduced two innovative products designed
The global fintech sector stands at the intersection of cutting-edge innovation and evolving regulatory landscapes. Stricter data privacy laws, Anti-Money Laundering (AML) protocols, and a fragmented regulatory environment create both challenges and opportunities for fintech companies. Through the
The second quarter (Q2) of 2024 witnessed a notable surge in investments within the US regulatory technology (RegTech) sector. Despite a decrease in the number of deals, the total capital invested has seen significant growth, highlighting a strategic shift towards fewer but larger transactions.
As global financial systems grapple with rapidly evolving challenges, financial crime compliance is undergoing a significant transformation. Political upheavals, stringent regulatory demands, and groundbreaking technological advancements are exerting immense pressure on traditional finance systems.
In a significant move that underscores the increasing focus on cybersecurity, Copilot Capital has made a substantial majority investment in SecureFlag, a leading UK-based cybersecurity training company. SecureFlag is well-regarded for offering experiential, hands-on coding training tailored to the
The US RegTech sector experienced a notable shift in investment dynamics during Q2 2024. Investment patterns and deal activities have revealed a trend of cautious investment, with a significant drop in the number of deals compared to the previous year. This detailed analysis delves into the factors