Asean introduces ESG framework to support SMEs in supply chains
The ACMF has unveiled a new simplified guide designed to help SMES across Southeast Asia improve how they report ESG practices to their stakeholders.
HKMA targets mule accounts with new fraud prevention measures
The Hong Kong Monetary Authority (HKMA), the Hong Kong Police Force (HKPF) and The Hong Kong Association of Banks (HKAB) have unveiled a raft...
Tariffs are reshaping global supply chains – here’s how companies can respond
In today’s interconnected trade environment, tariffs have moved beyond mere instruments of policy negotiation to become disruptive forces capable of destabilising global business operations.
NY regulator slaps Block with $40m fine over anti-money laundering breaches
Block, the financial services firm behind the popular peer-to-peer payments platform Cash App, has been fined $40m by the New York State DFS for significant AML and virtual currency compliance failures.
KYC Portal launches KYCP as a Managed Service to cut compliance costs
KYC Portal has launched KYCP as a Managed Service, a new offering aimed at helping organisations reduce the costs and complexity of managing compliance processes.
Why automated AML verification is essential for modern financial crime prevention
Money laundering remains a significant threat to financial systems worldwide, not only as a crime in itself but also as a key enabler of serious criminal activities such as drug trafficking, human smuggling, and terrorism. Consequently, it is critical for all businesses handling substantial sums of money to implement robust AML procedures.
FIS study finds 86% of UK businesses hit by costly cyber breaches
Businesses and technology firms across the UK are losing an average of £70m each year due to inefficiencies and disruption within the money lifecycle, according to new research by global FinTech leader FIS, in partnership with Oxford Economics.
CX firm Ushur reaffirms security commitment with HITRUST r2 certification renewal
Ushur, a company specialising in Customer Experience Automation (CXA) for regulated industries, has renewed its HITRUST r2 certification, reinforcing its commitment to information security...
Tracera secures $12m in Series A to enhance AI-driven sustainability reporting
Tracera, a pioneering AI-powered platform, has announced a significant financial boost with its latest $12m Series A funding round.
How AI is transforming financial crime compliance in banking
The integration of Artificial Intelligence (AI) in financial crime compliance (FCC) operations is revolutionizing the banking sector. As of the Celent Dimensions Survey 2025, which involved 232 risk and compliance executives, AI for efficiency has emerged as the top priority for IT investment.