AuthenticID’s new Smart ReAuth battles identity fraud
AuthenticID, a leader in identity verification and fraud prevention, has recently upgraded its Smart ReAuth platform.
Navigating the complexities of sustainability reporting: ISSB vs ESRS standards
The journey towards enhanced sustainability reporting has taken a significant step forward with the collaboration between the ISSB and the EFRAG.
Nasdaq Futures faces $22m CFTC fine for undisclosed trading incentives
The CFTC has levied a significant $22m fine against Nasdaq Futures, highlighting a serious breach in regulatory compliance.
APRA sets new climate risk guidelines for Australian banks
The APRA has issued a directive that will reshape the approach Australian financial institutions take towards managing risks.
Exploring the perpetual KYC model: Advantages and hurdles in crime prevention
In the financial sector, the introduction of perpetual Know Your Customer (pKYC) practices marks a significant pivot from traditional methods such as KYC.
Navigating CSRD compliance: The strategic role of IROs in sustainability reporting
The Corporate Sustainability Reporting Directive (CSRD) introduces rigorous frameworks for sustainability reporting, with key components like Impacts, Risks, and Opportunities (IROs) playing a pivotal role.
Arise invests $7.5m in Omnisient to advance financial services in Africa
South African FinTech, Omnisient, has recently secured a substantial $7.5m investment from Arise.
Avoiding common pitfalls in BSA/AML compliance reviews
Independent reviews are a cornerstone of a strong, risk-based BSA/AML and OFAC compliance programme.
Falling crypto firm applications raise questions about London’s competitiveness
In recent findings shared by the FCA, it appears that strict regulatory frameworks and prolonged approval times are undermining the UK's goal to position itself as a global crypto hub.
How recent fines shape future communication strategies in FinTech
The SEC and the CFTC have recently imposed fines totalling $477.75m on 26 broker-dealers and investment advisers for failing to comply with electronic communication recordkeeping requirements. This latest enforcement wave pushes the total fines levied for similar violations to over $3bn, underscoring the serious, ongoing issue of non-compliance within the industry.