Ascent helps big bank with over 30,000 employees comply with GDPR
One of the world’s 50 biggest banks recently tapped REGTECH100 company Ascent to find out how to comply with the General Data Protection Regulation (GDPR).
Credit Suisse’s due diligence questioned after revelations that an executive warned against a $2bn...
Credit Suisse has long claimed that it was deceived by rouge bankers when it lent $2bn in a criticised Mozambique deal.
30 million payment cards could have been compromised in Wawa breach
Wawa revealed in December that payment data on the customers who visited the US retailer’s 850 locations could have been compromised in a hack.
Central Bank of Egypt reportedly launching electronic KYC services
The Central Bank of Egypt has reportedly finished the testing stage of its electronic know-your-customer (KYC) service.
AML360 has become the latest RegTech venture to expand across Southeast Asia
RegTech startup AML360 has revealed ambitious plans to grow acros Southeast Asia, pushing its third-party outsourcing features as one of its key services.
UK regulator orders British banks to explain their overdraft rate hikes
Several UK banks have changed their overdraft rates to be around 40%, more than double some of their previous charges. Now the Financial Conduct Authority (FCA) wants to understand why.
Travelex’s offerings are finally back online after almost a months’ outage caused by a...
Travelex’s foreign exchange services were crippled on New Year’s Eve when the company discovered a ransomware in its system.
UK consumer confidence doubles over the past decade
UK consumer confidence in financial institutions has doubled since 2010, according to research from Harris Interactive.
CFTC slams trader with $10m fine
A US regulator has fined a commodity pool operator over $10m for allegedly filling misleading statements and failing to implementing an adequate supervisory system to prevent such misstatements.
UK government propose new guidelines to boost the cybersecurity of the internet of things
Connected devices can create considerable cybersecurity concerns for businesses. Now the UK government is proposing new requirements to minimise the threat.
