Chris Cunningham of C2 Ventures offers some predictions for what 2021 will bring to tech, covering AR, privacy, insurtech, and much, much more…
Privacy and Security
Data volumes are growing exponentially and expected to hit 175 zettabytes by 2025. For businesses managing this unprecedented growth, ensuring compliance with regulatory initiatives like GDPR and the California Consumer Privacy Act has become a challenge. eXate is the data management solution that enables enterprises to have a single application to manage data visibility and privacy across the data landscape. Companies can now readily capture the value of the data that they possess and share the data internally without getting bogged down by privacy concerns, resulting in significant value creation, cost savings, and efficiency. London TechWatch caught up with CEO and Cofounder Peter Lancos to learn more about pain point that eXate addresses, the burgeoning data privacy space, and the company’s recent funding round from investors that include Outward VC, ING Ventures, and Triple Point Ventures.
95% of online shoppers browse websites anonymously and this number will only continue to grow as browsers such as Google Chrome will phase out 3rd party cookies in 2022. Personify XP is the world’s first anonymous real-time personalization platform. Personify’s AI-powered technology understands online shopper’s interests in real-time and can deliver personalised content, or product images, to consumers without sacrificing their anonymity. Personify XP has experienced a 420% YoY growth since August 2019. London TechWatch caught up with Ben Mercer to learn more about Personify XP, how its technology drives a 10% increase in revenue on average for brands that are leveraging the technology, and the company’s recent funding round from investors that include Founders Factory, Touker Suleyman, and other high-profile angels.
Sumsub’s AI-based identity verification software automates 95% of the customer onboarding process and is trusted by AML/KYC (Anti-Money Laundering/ Know Your Customer) service providers to provide a range of compliant- solutions. Sumsub has already been used by 600+ businesses with no plans to slow down as the identity verification market is expected to grow to €20B by 2022 with a variety of use cases that is ever-increasing as the pandemic drives digital transformation. London TechWatch caught up with Founder Jacob Sever to learn more about Sumsub, the technology infrastructure powering the platform, the company’s latest funding round led by MetaQuotes,and much, much more…
Global money laundering is 2 – 5% of global GDP annually or $800B – $2T. Charles Delingpole built ComplyAdvantage, the dynamic global risk database of people and companies, to evaluate the risk of who you’re doing business with. Through the use of the machine-learning powered solution that integrates with existing workflows, financial institutions are able to meet regulatory compliance requirements and manage risk obligations. Delingpole walks us through the inspiration for the company, how it reduces financial crimes, and the company’s recent funding round from investors that include Ontario Teachers’ Pension Plan, Index Ventures, and Balderton Capital.
For too long online users have been too willing to hand over their personal data in exchange for using mobile services (e.g., Apple, Facebook, Amazon, Google, etc.). As these companies continue to expand their footprints, untethered by regulators, into every facet of their customer’s lives there is a growing revolt.
Recently, the Interior Department ordered the grounding of its drone fleet that was made in China or contained Chinese parts. This comes on the heels of similar actions taken by the Department of Homeland Security in May and the United States Army in 2017. While political pundits credit the ban to the Trump administration’s policy initiatives […]
The importance of establishing a digital identity and taking ownership of your online, personal data is now a core necessity. Digital identity app Yoti taps into the power of biometrics to enable secure website logins, instead of remembering passwords. With over 4.7 million downloads, Yoti prioritizes the consumer, so individuals can share specific identity details – […]
With a 126 percent increase in stolen sensitive personal information, there is a growing population out there worried about all the people intent on hurting them.
I’ve narrowed digital policy development down to five things you absolutely must do to protect your business, your employees, and your customers.