SEBI introduces new charter for securities market investors
The Securities and Exchange Board of India (SEBI) has published an investor charter aimed at those who invest in securities markets.
Cyber firm Shield-IoT secures $7.4m from led Series A
Mass-scale IoT and IIoT network cybersecurity firm Shield-IoT has raised $7.4m from a Series A financing raise.
PassFort teams with Refinitiv to create digital KYC for challenger firms
RegTech company PassFort has partnered with financial market data firm Refinitiv to establish a digital know-your-customer (KYC) solution for challenger institutions.
Pin numbers to be a thing of the past, Valuates reports
Market research company Valuates has predicted that the face and biometrics market will grow at a CAGR of 10.5%, to reach $10.76bn by 2027.
Currently...
HKMA reprimands four Asian banks due to AML abuses
The Hong Kong Monetary Authority (HKMA) has disciplined four banks due to anti-money laundering (AML) violations for a total imposed penalty of HKD$44.2m.
US banks required to report major cyber cases in 36 hours under new law
A new US law set to be introduced in May next year will require banks to report major cybersecurity incidents to federal officials within 36 hours.
Over a quarter of global firms bled more than £1m to financial crime in...
A recent whitepaper by KYC and AML software providers Themis and Encompass Corporation has found financial services’ companies worldwide lost over £1m due to financial crime deficiencies last year.
Zumo eyes decarbonised crypto sector through new purchase pilot program
Crypto wallet and payment platform Zumo has unveiled a pilot renewable energy purchase program aimed at making the crypto sector more sustainable.
Leaders in global digital identity market GBG and Acuant team up
UK-headquartered identity verification and fraud prevention company GBG has entered an agreement to acquire Acuant, a leading identity verification and KYC/AML compliance provider for a...
Lacework closes security industry’s largest funding round ever
Data-driven security platform Lacework has been valued at $8.3bn, after the close of a $1.3bn funding round, which it claims is the largest in security industry history.
