iDenfy introduces new phone verification product
Identity verification firm iDenfy has unveiled an enhanced version of a phone verification product.
Santander sends customers £130m in technical malfunction
Santander is attempting to regain £130m after the bank sent out payments by accident to 75,000 accounts on Christmas Day.
Metro Bank fined £5.3m by PRA for reporting failure
The Prudential Regulation Authority (PRA) has issued a £5.3m fine to Metro Bank for failings with its regulatory reporting.
Scammers are stealing $80m per month through fake giveaways and surveys
A report by Group-IB has found threat actors are making $80m a month by impersonating known brands asking people to participate in phoney surveys and giveaways.
Australia’s CFR backs cryptoasset regulation framework
Australia’s Council of Financial Regulators (CFR) has revealed its support for a government plan to create a new regulatory framework for cryptoassets.
Metro Bank fined £5.4m for regulatory reporting failings
The Prudential Regulation Authority (PRA) has slapped Metro Bank with a fine of £5,376,000 for deficiencies related to the governance and controls of its regulatory reporting.
The ongoing rise of RegTech
A recent blogpost by PassFort has summarised what is driving the increased adoption of RegTech solutions and what trends the industry may see in 2022.
Security automation firm ContraForce inks $2m seed
No-code security automation company for SMEs ContraForce has raised $2m from a seed funding round.
The 5 main onboarding threats in 2022 and how to protect yourself from them
Here are the 5 main sources of onboarding-related threat to your financial institution in 2022, and here’s what to do about them.
Tax compliance platform Taxdoo inks $64m Series B
German financial compliance company Taxdoo has raised $64m from a Series B funding round led by Tiger Global.
