Companies

Proycon, a privilege access management platform built for multi-cloud environments, has landed $6.5m in an equity financing round.  

The FINRA Annual Conference brings together practitioners, peers and regulators to discuss the compliance space. Red Oak Compliance has released a whitepaper detailing some of the top pain points those attending the conference had.

With the financial industry continuously ripe for disruption, challenges surrounding risk and compliance in the industry are always evolving.

Gary Gensler, the chair of the US SEC, has said the SEC is considering adjusting its climate risk disclosure rules for public firms.

As financial companies face tougher regulators, ensuring risk management in AML compliance is becoming ever more important. 

The Federal Trade Commission (FTC) has ordered MoneyGram to return $115m in refunds to consumers who were frauded by scammers using their payment system.

The PSR has published a consultation on guidance to support PSPs providing correct data when they report authorised push payment scams to regulators.

The Chartered Banker Institute (CBI) has welcomed an FCA discussion paper that focused on enabling finance to deliver on its potential to drive sustainable change.

Network International, an enabler of digital commerce in the MENA region, and Carrefour have implemented the Face Pay face verification platform for payments.

In the face of current economic tribulations, companies are tightening their belts, seeking value in every pound spent. At the same time, criminal activity, particularly financial crime, escalates during such precarious times, amplifying the demand for effective and resilient financial crime mitigation programmes.