How gambling operators can tackle account takeover and bonus abuse fraud
Post-account-opening fraud continues to be one of the biggest challenges faced by the online gambling industry, with fraudsters employing increasingly sophisticated techniques. In a...
Harnessing AI to accelerate model risk management in FinTech
The FBI has recently highlighted an alarming trend: cybercriminals are increasingly employing AI to conduct their nefarious activities.
New FCA proposals aim to simplify investment information in the UK
Financial Conduct Authority (FCA) has proposed significant changes to the way investment products are communicated to consumers.
SandboxAQ secures over $300m for advancing AI in key industries
SandboxAQ, a leader in the development of artificial intelligence applications, announced today a significant funding achievement, securing over $300m.
UK moves to adopt global sustainability standards with strategic amendments
The UK Sustainability Disclosure Technical Advisory Committee (TAC), supported by the Financial Reporting Council (FRC), has recommended the endorsement of two pioneering IFRS Sustainability...
How secure collaboration is transforming financial crime detection
Money laundering activities in the United States alone are estimated to total $300bn annually. In 2023, penalties for anti-money laundering (AML) violations in the...
Risk intelligence platform Bureau secures $30m Series B funding
Bureau, a risk intelligence platform focused on fraud prevention and identity decisioning, has raised $30m in its Series B funding round.
The investment round was...
FCA announces PISCES platform to open investment in private companies
The FCA has unveiled plans for the Private Intermittent Securities and Capital Exchange System (PISCES), an initiative aimed at transforming the private securities marketplace.
How NAV lending is reshaping private equity funding amid regulatory concerns
NAV lending, a financing mechanism that allows private equity funds to borrow against their net asset value (NAV), is gaining attention as an alternative...
How automation can transform compliance with US export restrictions
US export restrictions, governed by the Bureau of Industry and Security (BIS) under the Export Administration Regulations (EAR), play a critical role in safeguarding national security, advancing foreign policy objectives, and preventing weapons proliferation. These regulations require financial institutions to fortify their compliance frameworks, an initiative that has grown in complexity due to new guidance targeting exports particularly to Russia and China.