SpecterOps extends Series A with $8.5M investment
SpecterOps, a provider of cybersecurity solutions, has closed an extension to its Series A, raising an additional $8.5M from Ballistic Ventures.
Harnessing KYC technology: Reducing costs and increasing efficiency in financial institutions
In the ongoing global efforts against money laundering, the task of comprehending customer identities has proven to be a crucial element in Know Your...
Harnessing AI for compliant communication ahead of FCA’s Consumer Duty
The UK's Financial Conduct Authority (FCA) recently released a ten-point checklist for companies in anticipation of the new Consumer Duty regulation set to be enforced on July 31, 2023. This regulation marks a pivotal shift in the regulatory landscape, impacting both new and existing services and products available for sale or renewal.
Embracing technology for improved investor onboarding
Upgrading technology in investor onboarding offers immense benefits and the asset management industry is quickly catching on. The landscape of regulatory environments is in...
Eventus on enhancing financial compliance through strong team collaboration
An innovative collaboration approach to financial regulation is being advocated by Eventus, a leading regulatory technology (RegTech) firm, in their latest 'Compliance in Focus' series.
A deep dive into AML non-compliance costs and Flagright’s AI-driven solution
In an increasingly interconnected financial landscape, financial crime has become more sophisticated, underlining the importance of maintaining robust anti-money laundering (AML) compliance for financial institutions. With stringent regulatory scrutiny and technological advancements, financial institutions must adhere to strict AML regulations to deter activities such as money laundering, terrorism financing, and other financial crimes. Moreover, understanding and considering the significant cost of non-compliance is vital.
Smurfing in money laundering: How Flagright’s AI tools are reshaping the battle
Dive into the intricate world of smurfing, a subtle form of money laundering, and learn about the transformative role Flagright's AI-powered tools are playing...
Navigating the AML compliance journey: When is it time to hire an AML Officer?
Today, the growing complexity of financial operations coupled with an ever-evolving regulatory landscape has magnified the importance of AML compliance in businesses. Especially in...
Zoom, Theta Lake boost partnership with advanced security-focused integration
Since 2018, Theta Lake, has formed a strong partnership with Zoom, one of the world's leading video conferencing platforms.
Singapore bolsters green economy with mandatory climate reporting
Singapore is taking significant steps to cement its position as a global business hub and a leader in sustainability.
