New FinCEN rules target investment advisers for enhanced AML compliance
The FinCEN has recently proposed new regulations that would expand AML and CIP requirements to encompass both registered investment advisers and exempt reporting advisers.
HCLTech unveils AI-driven solutions for real-time event intelligence in IT
HCLTech has launched its latest product, IntelliOps Event Management (HCL IEM), which promises to revolutionize IT operations with its AI-powered capabilities.
ebankIT and Centrilogic unite to advance cloud-based cybersecurity in FinTech
EbankIT, a provider of global digital banking solutions, and Centrilogic, a leader in IT infrastructure and cloud services, have partnered.
UAE unveils open finance regulation to boost digital financial services
The Central Bank of the UAE has launched a regulatory framework, the Open Finance Regulation, as part of its Financial Infrastructure Transformation programme.
Palla Financial strengthens P2P payments security with Flagright technology
Flagright, a FinTech company specializing in AI-native AML compliance and fraud prevention, has welcomed Palla Financial as a new customer.
Moody’s and MSCI forge partnership for advanced ESG and sustainability solutions
Moody’s has announced a partnership with MSCI, a provider of critical decision support tools and services for the investment community.
Fingerprints and Valid introduce next-gen biometric payment cards in Brazil
Fingerprint Cards, a global provider of biometric systems, has partnered with Valid, a major technology provider and integrator, focusing on secure solutions for identification, mobile, and payment ecosystems.
Monzo introduces groundbreaking security features to combat UK fraud rise
Monzo, the leading digital bank in the UK, recently introduced three innovative security controls—Known Locations, Trusted Contacts, and Secret QR Codes—aimed at bolstering fraud prevention for its customers.
Exploring responsible innovation in AML compliance with AI
The challenge of financial crime and its wider societal effects are immense. Estimates suggest that money laundering accounts for 2-5% of the global GDP.
SEBI cracks down on Finfluencers with new compliance rules
The SEBI has announced a comprehensive set of new regulations aimed at the burgeoning influence of finfluencers on India's investment landscape.
