Understanding beneficial ownership: A deep dive into rules and requirements
In a recent post by Fenergo, the firm took a deeper look into the rules and requirements surrounding the area of beneficial ownership.
Deploying new tech to defend against financial crime
With the width and depth of financial crime increasing as technology becomes ever more extensive, the need for new tech innovation in this area is increasing in tandem.
Blackbaud agrees to $49.5m settlement over massive data breach
Blackbaud, has settled claims amounting to $49.5m, brought forward by the attorneys general of 49 American states and Washington, D.C.
CellTrust, Theta Lake integrate to secure mobile communications and mitigate risk
CellTrust, a provider of secure mobile communication for government and enterprise and Theta Lake have announced a strategic integration.
Tymit employs TransUnion’s expertise for enhanced credit card fraud safety
TransUnion is entering a partnership with Tymit, a fintech firm offering instalment credit cards as alternatives to traditional credit avenues.
Evergrande crisis: unmasking the web of associated risks in FinTech
In a post by Sigma360, the firm outlined how FinTechs can avoid a potential 'Evergrande', referring to the fall of Chinese property giant China Evergrade.
Mastering transaction reporting: Reducing risks and achieving compliance
Firms facing transaction reporting obligations often find themselves navigating multiple regulatory regimes such as MiFID II, EMIR, Dodd Frank, and ASIC. Despite awareness of their duties, many aren't doing enough to meet the stringent regulatory standards.
Guarding data integrity: How CC1 is redefining the reconciliation process
In a recent post by Custodia, the firm detailed how to achieve data accuracy and efficiency with CC1's reconciliation process.
Central banks and BIS unveil new initiative for real-time regulatory compliance
The BIS, in collaboration with a range of central banks is delving into the feasibility of integrating regulatory prerequisites directly into cross-border transactions.
Understanding, identifying, and counteracting skimming in the digital age
In today’s digitally-dominated era, the benefits of swift and easy electronic transactions have become deeply ingrained in our daily activities. The simplicity of online shopping, card payments at dining outlets, and instant stock trading via our mobile devices epitomises modern financial convenience.
