Deal Updates

In today's evolving global financial landscape, the security and integrity of financial transactions are of utmost importance. At the heart of this security lie...

In the past few months, both the SEC and CFTC have targeted numerous Wall Street firms for extensive recordkeeping oversights. This resulted in eye-watering penalties surpassing $1.5bn. Both major and minor firms should anticipate that this assertive enforcement will remain unrelenting.

Despite the vital role of nature in financial decision-making, a new report indicates that the majority of institutions are not giving it due consideration.

Correspondent banking plays a pivotal role in shaping the global financial landscape. Serving as the backbone of international trade, especially for budding and developing economies, it offers a platform for banks to provide services on behalf of other financial institutions, typically situated in diverse countries. This extends to executing transactions, overseeing wire transfers, and collecting crucial documents.

Dock, a B2B player in payments and banking technology in LatAm, has teamed up with Feedzai, a global fraud and money laundering prevention firm.

With the ever-emerging organizational risks, boards are constantly on the lookout for ways to mitigate threats. These include areas like ESG, cyber resilience, human capital management, and even the personal liability of directors.

Starting in 2025, businesses that meet certain criteria will need to align with the Corporate Sustainability Reporting Directive (CSRD), based on their 2024 fiscal operations.

Mastercard has launched a new partnership program designed to explore the benefits and limitations of central bank digital currencies. The collaboration will see seven prominent...

RegTech firm Flagright recently described in detail the UK's regulations on terrorism financing and money laundering. 

In a recent post by RegTech firm Encompass Corporation, it provided an outline of why the cost of inefficient KYC practices can be higher than expected.