• Tech News
  • Fintech
  • Startup
  • Games
  • Ar & Vr
  • Reviews
  • How To
  • More
    • Mobile Tech
    • Pc & Laptop
    • Security
What's Hot

Framework Announces Two Modular Laptops At GDC 2023

March 27, 2023

Eventide Misha review: A playful sequencer that says to hell with tradition

March 27, 2023

Hello There iOS greeting card organizer gets auto card detection, hashtags, custom icons

March 27, 2023
Facebook Twitter Instagram
  • Contact
  • Privacy Policy
  • Terms & Conditions
Facebook Twitter Instagram Pinterest VKontakte
Behind The ScreenBehind The Screen
  • Tech News
  • Fintech
  • Startup
  • Games
  • Ar & Vr
  • Reviews
  • How To
  • More
    • Mobile Tech
    • Pc & Laptop
    • Security
Behind The ScreenBehind The Screen
Home»Fintech»UBS invests in communications compliance platform Shield
Fintech

UBS invests in communications compliance platform Shield

December 1, 2022No Comments1 Min Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
UBS abandons $1.4bn Wealthfront acquisition
Share
Facebook Twitter LinkedIn Pinterest Email

UBS has joined a $20 million Sequence B capital increase for Protect, a office intelligence platform for compliance groups at monetary companies corporations.

The spherical – led by Macquarie Capital and joined by UBS Subsequent, Mindset Ventures and OurCrowd – follows a $15 million Sequence A earlier this 12 months for Tel Aviv-based Protect.

Protect says its platform makes use of AI and NPL to allow regulated monetary establishments to detect market abuse, achieve behavioural evaluation, mitigate poisonous office tradition and in the end automate surveillance over all worker communication channels, saving each operational and compliance price.

The agency will use the brand new funding to develop in its current markets and push into new ones, together with the US. Additionally it is opening a second R&D facility in Lisbon.

Shiran Weitzman, CEO, Protect, says: “We’re thrilled to have the ability to start work with UBS on a number of ranges – as a shopper and now as an investor in our newest funding spherical.

“That is additional proof that there’s a direct market want for a contemporary, proactive answer that supercharges surveillance throughout communication channels and that Protect is well-positioned to fulfill that want.”

Source link

See also  InvestCloud upgrades NaviPlan platform
Communications Compliance invests platform Shield UBS
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Security hardware giant Allegion backs Latchel, a platform to manage single-family rental properties – Startup

March 10, 2023

Helping American Dreams Come True With Compliance By Inkle

February 6, 2023

Swap ‘I’ For ‘We’ In All Of Your Business Communications

February 3, 2023

Publicly traded cannabis fintech POSaBIT acquires three compliance software firms – Startup

January 28, 2023
Add A Comment

Comments are closed.

Editors Picks

Walmart now lets you virtually model clothing on your own body

September 15, 2022

Oubita Card, Mastercard’s debit card for paying with cryptocurrencies, is now available

October 25, 2022

MAS chief floats private blockchain networks for cross-border payments

October 12, 2022

CISA warns that Log4Shell remains a threat 

June 28, 2022

Subscribe to Updates

Get the latest news and Updates from Behind The Scene about Tech, Startup and more.

Top Post

Framework Announces Two Modular Laptops At GDC 2023

Eventide Misha review: A playful sequencer that says to hell with tradition

Hello There iOS greeting card organizer gets auto card detection, hashtags, custom icons

Behind The Screen
Facebook Twitter Instagram Pinterest Vimeo YouTube
  • Contact
  • Privacy Policy
  • Terms & Conditions
© 2023 behindthescreen.fr - All rights reserved.

Type above and press Enter to search. Press Esc to cancel.