Banks to compete in cyber tournaments to raise security awareness
Banks are set to engage in a series of tournaments and events to raise awareness around cyber issues, Finextra has claimed.
The key steps to an effective sanctions screening policy
When it comes global AML regulations, sanctions screening is an imperative part of it and plays a huge role in the fight against money laundering and terrorism.
What are the regulatory technologies that will shape the future?
Over the course of the last decade, RegTech has gone from a complete unknown to a key part of a company’s regulatory and compliance toolkit. As we look towards the future, what technologies in this space will stand out?
Strong Customer Authentication non-compliance costs £2m in sales
Businesses not compliant with Strong Customer Authentication (SCA) miss out on £2m in sales each day, a report from Barclaycard Payments claims.
ECB: digital euro will not be available until 2026 at least
The European Central Bank (ECB) has said EU citizens are unlikely to see a digital euro until 2026 at the earliest as the bank considers further design and distribution considerations.
What does a data-driven regulator expect from you?
In its most recent Consumer Duty Solutions Series Webinar, RegTech firm Aveni examined what a ‘data-driven’ regulator expects from a company in light of consumer duty.
How are KYB and KYC related?
While the Know Your Customer (KYC) process is very well known, the KYB – Know Your Business – process is less so. How are the two related?
IMTF teams up with Parashift for AI document automation
RegTech IMTF has partnered with Parashift, a provider of advanced machine learning-based document classification and data extraction software, to accelerate document processes with AI.
TAINA Tech CEO Scott accepted into Forbes Technology Council
Maria Scott, founder and CEO of RegTech firm TAINA Tech, has been accepted onto the invitation-only Forbes Technology Council.
SEC slaps Oracle with $23m fine
The Securities and Exchange Commission (SEC) will require Oracle to pay $23m in fines due to foreign corruption charges.
