FCA aims to streamline financial regulations to boost UK economy
The FCA has initiated a comprehensive review to simplify the regulatory framework governing the UK's financial services.
Unpacking the major regulatory fines and decisions impacting Fintech in 2024
Q2 2024 marked a notable period in financial regulatory actions, with a significant increase in fines from $10.5 million in Q1 to $16.5 million.
How Verizon and Theta Lake are revolutionising SMS compliance in finance
In today’s digital age, reliable communication networks are vital for business operations, especially in the financial sector.
Why robust compliance is key to harnessing BaaS opportunities
Banking as a Service (BaaS) has been celebrated as a significant catalyst within the European FinTech industry, driving its influence on a global scale. Napier AI, which offers a financial crime compliance solution, recently explored why a risk-based compliance approach is vital for BaaS.
Lucinity and Knights Analytics join forces to advance AI in FinCrime compliance
Lucinity, an AI software company focusing on financial crime operations, has entered into a strategic partnership with Knights Analytics, a leader in AI-driven data solutions.
SBTi aims for net-zero with new draft standard for financial institutions
The SBTi is advancing its efforts towards a sustainable future with the recent unveiling of its consultation on a new draft standard specifically for financial institutions.
Men more likely to fall victim to romance scams while women lose more
Barclays is alerting the public to an increase in romance scams this summer, as shown in their latest Scams Bulletin.
Basel IV unpacked: How different jurisdictions are setting their timelines
Different jurisdictions around the world are gearing up to implement Basel IV, each adopting a unique approach that considers local market conditions and regulatory frameworks.
The rising need for automated compliance technology in finance
In the financial services sector, tracking employee compliance such as licensing, registrations, and continuing education is a complex task.
Axle Automation secures $2.5m in seed funding to revolutionize AML compliance
Axle Automation, a trailblazing provider of AI-powered solutions for compliance teams, has successfully closed a significant seed funding round.