Debunking the myths of AI in RegTech
AI technology has taken the world by storm. While the technology can do wonders to improve compliance processes, myths surrounding AI’s use have gained weight and forced many to reconsider using it.
Sanctions screener GSS lands £37m
Global Screening Services (GSS), a sanctions screening platform, has scored £37m in its first funding round.
SEC slaps Nexo with $45m fine
The Securities and Exchange Commission has charged Nexo with failing to register the offer and sale of its retail crypro asset product the Earn Interest Product.
Bitzlato founder charged with illicit money transmitting
Anatoly Legkodymov, founder and majority owner of cryptocurrency exchange Bitzlato, has been charged for alleged illicit money transmitting.
Federal prosecutors seize nearly $700m in assets from FTX founder
Federal prosecutors have reportedly seized around $700m in assets from FTX founder Sam Bankman-Fried, as part of an ongoing court case.
GRC platform Exterro snaps up Zapproved
Exterro, a leading provider of GRC software, has acquired Zapproved, a provider of e-discovery software known for its strong customer outcomes.
Tech organisations call on Congress to prioritise blockchain privacy regulation
More than 28 tech organisations that develop open-source projects have called on Congress to protect consumer privacy when regulating the blockchain space.
The benefits of transaction monitoring
Transaction monitoring is a huge part of compliance and fraud protection for FinTechs and neobanks. What are the key benefits of this technology?
Signifyd links with commercetools to in exemption management offering
Signifyd has launched the first plug-in with built-in dynamic exemption for SCA management alongside commercetools.
Cyber risk management dev KYND names new board chairman
KYND, which offers a variety of cyber risk management products and services, has named Dave Moreau as its new chairman of the board.
