Face-scanning company Clearview AI sued for scraping public pictures from social media platforms
Lawyers have filed a class-action lawsuit against Clearview AI for scraping public pictures to create its facial recognition software.
European Parliament calls for greater consumer protections in AI
The European Parliament has called for new rules which will protect consumers with interactions involving AI and automated decision-making (ADM).
Governor Software to help international compliance through Waymark deal
Governor Software, a governance and oversight solution provider, has become a global reseller of regulatory update solution Waymark Tech.
Cybersecurity to be a $27bn market by 2023
The rising cyber threats to digital businesses is making a big impact on the cybersecurity industry, which is poised to become a $27bn market by 2024.
BearingPoint RegTech to help GCC Capital with EBA reporting
BearingPoint RegTech, developer of international provider of innovative regulatory and risk technology solutions, will help Sweden-based GCC Capital with its EBA reporting needs.
Deep Instinct collects $43m in its Series C round led by Millennium New Horizons
Cybersecurity company Deep Instinct has collected $43m in its Series C funding round which was led by Millennium New Horizons.
The global e-KYC market anticipated to reach $1,015bn by 2026
Electronic customer identity authentication solutions are expected to grow at a compound annual growth rate of approximately 22% in the next six years.
Barclays’ CEO investigated by FCA and PRA over Jeffrey Epstein connections
Two of the UK’s biggest financial regulators are investigating the ties between US financier Jeffrey Epstein and Barclays’ CEO Jes Staley, the bank has revealed.
MONEYVAL: Cyprus is not doing enough to combat money laundering
The Council of Europe’s anti-money laundering (AML) body MONEYVAL has urged Cyprus to be more aggressive in its efforts to combat criminal transactions.
Fingopay and Reflow pilot to let consumers pay with their veins
Fingopay, a vein-based biometric solution, is launching an open banking pilot with payments company Reflow, to help banks access fingerprint payments.
