MAS unveils assessment methodologies for responsible AI use in financial services
The Monetary Authority of Singapore (MAS) has released five whitepapers detailing assessment methodologies to help guide responsible use of AI in financial services.
European regulators suggest improvements to EU regulations
The three European Supervisory Authorities (EBA, EIOPA and ESMA) have made a joint list of proposals to keep the EU’s regulatory and supervisory framework fit-for-purpose in the digital age.
Trulioo acquires HelloFlow to upgrade onboarding stack
Identity verification platform Trulioo has acquired HelloFlow, a developer of no-code, drag-and-drop client onboarding, monitoring and digital workflow software.
Suffolk Building Society picks TruNarrative for anti-fraud
RegTech platform TruNarrative has been picked by Suffolk Building Society to improve the firm’s financial crime and fraud prevention processes, as well as digitise customer onboarding.
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North Korea stealing millions through cyber-attacks, claim UN experts
North Korea is continuing to steal hundreds of millions of dollars from financial institutions, exchanges and crypto firms, according to UN experts.
Bank of Thailand issues consultation on digital repositioning of its financial sector
The Bank of Thailand (BOT) has unveiled a public consultation on repositioning Thailand’s financial sector to succeed in a sustainable digital economy.
Majority of Brits want government to focus on financial stability post-Brexit
Opinium has found 91% of UK citizens want the government to focus on the future stability of the financial system rather than to promote international competitiveness post-Brexit.
Forensics-powered CyberTech company nets $10m
Binalyze, an enterprise forensics platform that arms clients against cyber threats, has bagged $10m in its seed funding round.
Wormhole hack causes around $320m in stolen cryptocurrency
Blockchain bridge Wormhole has confirmed that around $320m worth of cryptocurrency has been stolen following a hack earlier this week.
Identity verification developer Parallel Markets collects $7m
Identity verification software developer Parallel Markets has collected $7m for its Series A round.
