India bars Mastercard from onboarding new customers due to data storage non-compliance
Reserve Bank of India has indefinitely barred Mastercard from issuing new debit, credit or prepaid cards to customers in the South Asian market over noncompliance with local data storage rules.
ECB to examine digital euro potential through two-year investigation
The European Central Bank (ECB) has revealed it is set to begin a two-year long investigation into the possibility of launching a digital euro.
REvil ransomware group sites go dark following string of attacks
The Russian-speaking REvil ransomware gang has seen its sites go dark, a few days after it claimed responsibility for the massive cyberattack of US IT provider Kaseya.
US Senate confirms ex-National Security Agency official as CISA director
The US Senate has confirmed Jen Easterly as the new director of the Cybersecurity and Infrastructure Security Agency (CISA).
MAP FinTech outlines best execution monitoring compliance importance
European RegTech leader MAP FinTech has underlined how RegTech companies can remain compliant with best execution obligations going forward.
What will the new face of the office be after Covid-19?
When the coronavirus pandemic spread like wildfire in the early months of 2020, many companies and individuals alike had no idea what was to come – and how their work lives would change. With widespread vaccines, many companies are beginning to open up again, but what will be the ‘new normal’ for the financial sector in terms of working arrangements?
Can modern technology assist regulated institutions in their AML commitments?
Technology has the potential to combat money laundering and terrorist financing (AML/CFT) therefore making compliance faster, cheaper and more efficient, according to a new blog post by Sigma...
Electronic IDentification unveils digital solution to simplify onboarding process
Spanish identity software specialist Electronic IDentification (eID) has launched a new solution aimed at building any digital onboarding process within hours.
FCA provides warnings to banks over money laundering failings
The Financial Conduct Authority (FCA) has issued warning letters to retail banks due to ongoing weaknesses and failings around their financial crime controls.
Interpol calls for police, industry unity against possible ‘ransomware pandemic’
Interpol has urged police agencies and industry partners to unite to prevent a possible ransomware pandemic from taking hold.
