We believe the key to financial access for higher-risk legal businesses and individuals is by providing expert guidance and efficient technology solutions to reduce the operational burdens of BSA and the back office; empowering financial institutions to support even the most complex relationships. After decades of developing enterprise software for financial institutions, pioneering cloud banking and infrastructure, and writing regulatory compliance as part of the FFIEC, our team of experts came together to solve a big problem for community financial service compliance. Small to medium sized businesses in higher risk and specialty markets are not able to access financial services because community financial institutions lack the resources, expertise, or infrastructure to expand their business portfolio into higher-risk markets. This compliance barrier leaves many hard-working entrepreneurs without the financial services they need to grow their business. For RiskScout, that is unacceptable. By helping financial institutions solve complex compliance with simple solutions, we help local businesses in higher-risk markets find a community partner like you they can trust.
Location: United States, Texas, Austin
Employees: 11-50
Founded date: 2019
Investors 2
| Date | Name | Website |
| - | BHB | bhbfundvc.... |
| - | Alloy Alch... | alloyalche... |
Mentions in press and media 6
| Date | Title | Description |
| 21.08.2023 | RiskScout Closes Seed Funding Round | RiskScout, an Austin, TX-based regulatory technology company, raised an undisclosed amount in Seed funding. The round was led by Castle Creek Capital and Launchpad Capital’s joint fund backed by community banks. The company intends to use t... |
| 14.06.2022 | CRB Monitor and RiskScout Partner to offer commercial BSA/AML Platform for Cannabis and Emerging Market Businesses | Licensing Agreement Integrates CRB Monitor’s Marijuana Business Data within RiskScout’s Enhanced Due Diligence Platform We’re excited about the partnership & added value for users because CRB Monitor has the most comprehensive, up-to-da... |
| 03.11.2021 | RiskScout and OMNICOMMANDER Team Up to Bring America’s Financial Institutions Opportunity to Enter Highly Profitable Emerging Markets | AUSTIN, Texas (PRWEB) November 03, 2021 RiskScout, the nation’s leading onboarding and BSA/AML business due diligence platform, has today formally announced its new partnership with OMNICOMMANDER, an integrated marketing agency tailored for... |
| 16.09.2021 | FirstPass Provides Seamless Solution for Safer Decision-Making Process Through Secure Web Console | AUSTIN, Texas (PRWEB) September 16, 2021 Trust but Verify. That’s the key to working in industries where there may be significant exposure to risk. How does one know the prospect or client they are about to work with is operating in the way... |
| 16.09.2021 | Former National Bank Examiner Ryan McInerny Joins RiskScout’s Rapidly Growing Dream Team of World-Class Banking Compliance Policy Experts | AUSTIN, Texas (PRWEB) September 16, 2021 Possessing nearly a decade of experience serving as the National Bank Examiner for the U.S. Office of the Comptroller of the Currency, Ryan McInerny has today been announced as joining the Austin-bas... |
| 07.07.2021 | Century-Old West Town Bank & Trust Scales Up Hemp and CBD Banking With Help From Innovative Compliance FinTech Platform RiskScout | AUSTIN, Texas (PRWEB) July 07, 2021 When West Town Bank Executive Vice President and COO Melissa Marsal was researching ways to be able to bank more hemp and CBD businesses, it was a chance meeting with Justin Fischer, founder of RiskScout,... |