FCA urges banks to boost accessibility of basic bank accounts
The FCA is urging banks, building societies, and payment firms to enhance their efforts in making basic bank accounts more accessible.
From threat to prevention: Addressing the surge in global sextortion scams
Sextortion is rapidly becoming a significant online threat, especially to teenagers, predominantly teenage boys.
According to Moody's, the Federal Bureau of Investigation (FBI) has...
From risk to reward: Elevating exit valuations through effective cyber strategies
Private equity firms have gradually begun to recognize the importance of cybersecurity oversight, moving beyond basic pre-acquisition cyber due diligence.
According to ACA Group, initially,...
Mastering KYC and AML essentials to enhance customer security
KYC is more than just a compliance requirement; it's a critical safeguard against financial crimes such as money laundering and fraud.
MidWestOne Bank enhances digital customer onboarding with Temenos SaaS on AWS
MidWestOne Bank, headquartered in Iowa and servicing around 140,000 customers across four states, has successfully implemented Temenos Digital Onboarding as Software as a Service (SaaS) on Amazon Web Services (AWS).
One year on: How has Consumer Duty impacted the industry?
On July 31 last year, the long-awaited Consumer Duty legislation came into effect in the UK, following months of preparation and industry attention.
American Sustainable Business Council takes on Texas in ESG lawsuit
The Texas legal landscape is heating up as the American Sustainable Business Council (ASBC), a champion for sustainable business practices, has filed a lawsuit against the state to overturn Senate Bill 13.
Dutch data watchdog DPA fines Clearview AI $33.7m
Dutch data protection authorities have imposed a fine of €30.5m ($33.7m) on Clearview AI, citing violations of the European Union's GDPR.
Navigating KYC and KYB complexities in emerging markets
When delving into the complexities of KYC and KYB procedures, it's evident that these frameworks are pivotal in safeguarding financial systems.
Lloyds Bank and Cleareye partner to streamline compliance checks
Lloyds Bank is set to implement artificial intelligence technology from Cleareye to streamline trade finance documentation processes, reducing the need for manual paperwork and...
