Chainguard secures $140m in Series C to bolster software security
Chainguard has announced a boost in its financial standing by securing $140m in a Series C funding round, catapulting its valuation to $1.12bn.
Navigating the UK EMIR REFIT: Essential updates for OTC derivatives reporting
The UK FCA and the BoE are gearing up to roll out significant updates to the over-the-counter (OTC) derivatives reporting standards under the UK EMIR REFIT programme, effective from the end of September 2024.
Corlytics bolsters leadership team amidst dynamic expansion and innovation
Corlytics, a prominent global player in regulatory intelligence and policy compliance technology, has significantly strengthened its leadership team with the addition of three key senior appointments.
How Theta Lake’s Integration with Verizon Transforms SMS Compliance
Verizon has long been a leading carrier in business communication, particularly in the financial services sector. With over 99 million postpaid connections, Verizon’s robust network facilitates vital communication channels, especially through SMS, which is critical for transaction alerts, client communications, and internal coordination within financial institutions.
The critical role of data in managing vendor risks in FinTech
Last week’s IT disruption, triggered by a standard update from CrowdStrike, affected millions of Microsoft devices globally, severely impacting sectors like healthcare, media, and aviation.
Unlock the advantages of ETFs: Trading flexibility, lower costs, and tax benefits
Exchange-traded funds (ETFs) offer numerous benefits over traditional mutual funds, from trading flexibility to cost efficiency and favorable tax conditions. ACA Group, a provider of scalable compliance, risk and technology solutions, recently explored the potential benefits of an ETF.
How the 50 percent rule impacts international business compliance
The US, UK, and EU each implement a "50 percent rule" within their sanctions frameworks, crucial for monitoring international financial activities.
Navigating the global landscape of customer due diligence regulations
Customer Due Diligence, or CDD, plays a pivotal role in the realms of Anti-Money Laundering (AML) and Counter-Terrorist Financing (CTF).
UK financial firms face rising penalties amid tightening regulations
More than a third of financial services businesses in the UK have been penalised for failing to meet regulatory compliance demands over the past year, highlighting a significant challenge within the industry.
Evolving strategies in transaction monitoring for enhanced financial security
Risk-based transaction monitoring represents a proactive method aimed at detecting financial crimes by closely analysing financial transactions to unearth potentially fraudulent patterns or signs of money laundering.
