Why AI is vital for transaction monitoring
With money laundering, terrorist financing and other financial crimes rising in an increasingly digitised world, the use of cutting-edge technology to deal with it is growing.
ECB head Lagarde targeted in hacking attempt
President of the European Central Bank Christine Lagarde was recently targeted in a hacking attempt, however no information was compromised.
Banque de France accelerates CBDC program
The Banque de France intends to speed up its wholesale CBDC program as it looks to be ready to introduce central bank money as a settlement asset as early as next year.
ACMA introduces new rules to tackle SMS scams
The Australian Communications and Media Authority (ACMA) has registered new rules to require telecos to identify, trace and block SMS scams.
KYC Portal releases new tool to streamline due diligence research
KYC Portal has released a new solution that aims to reduce the most time-consuming elements in due diligence, which is the research compliance teams need to conduct to build key principles and related entities in a corporate structure.
Resistant AI deploys tech into FINOM to improve AML fight
Financial crime prevention firm Resistant AI has deployed technology into Netherlands-based B2B FinTech FINOM to bolster AML measures.
Delio launches as South Korea’s first cryptocurrency bank
Delio, a digital finance platform, has introduced the first cryptocurrency bank to be launched in South Korea.
Fed Vice Chair calls for quick action on crypto regulation
The cryptocurrency industry needs strong regulation before it becomes so pervasive it poses financial stability risks, claims Federal Reserve Vice Chair Lael Brainard.
Several RegTechs named in FinTech Global’s latest AIFinTech100 list
FinTech Global has announced the second annual AIFinTech100 list, which recognises the FinTech companies leveraging AI in revolutionary ways.
CFPB to bolster data security amid calls for greater online privacy
The Consumer Financial Protection Bureau (CFPB) in the US is to strengthen data privacy and cybersecurity with new regulations.
