The benefits of a continuous KYC solution
Despite firms having robust and widespread risk management and compliance processes in place, there is still a strong threat from falling victim to fraud.
SEC suggests rule amendments to enhance and standardise disclosures
The Securities and Exchange Commission (SEC) has proposed rule amendments to enhance and standardise disclosure regard cyber risk management, strategy, governance and incident reporting by public firms.
Italian watchdog slaps ClearView AI with €20m fine
Italy’s data privacy watchdog has given US-based RegTech firm ClearView AI a €20m fine over controversies surrounding its facial recognition software.
How financial institutions can remain compliant in the face of Russian sanctions
As the fighting between Russia and Ukraine forces continue, national governments globally are increasingly imposing severe sanctions on Russia and its financial sector.
HelpSystems to purchase MDR company Alert Logic
Software company HelpSystems has agreed to purchase managed detection and response firm Alert Logic for an undisclosed fee.
SEC charges sibling fraudsters for $124m crypto fraud operation
The Securities and Exchange Commission (SEC) has charged siblings John and Tina Barksdale with defrauding thousands of retail investors out of over $124m.
How automation can help cut risk during customer onboarding
With more people digitally onboarding that ever before, the risks surrounding this process have become clearer and in the spotlight.
Cambodia introduces code of conduct for banks and FIs
Cambodia has unveiled a code of conduct for banks and financial institutions with the aim of promoting more effective and responsible banking and financial practices.
Crypto tax platform BearTax nets $3.2m in seed capital
BearTax, a cryptocurrency tax platform, has netted $3.2m in its seed funding round, which was led by Seattle-based investor Ascend.
Australia-based Cydarm scores $3m funding
Australia-based CyberTech platform Cydarm has reportedly collected a $3m investment.
The round was led by InterValley Ventures, an Australian investment firm, with contributions also coming from Right...
