Criminals are exploiting DeFi tech in its infancy, Elliptic cautions
Losses from fraud and theft involving DeFi have increased 600% since 2020, reaching $10.5bn in 2021, according to a report released by London-based blockchain...
85% of corporate audit and compliance workers in big firms find data too hard...
The overwhelming majority of corporate audit and compliance workers in large firms find the access to information to be difficult, a report from Sinequa claims.
ComplyAdvantage introduces AML guide for digital-first banks
ComplyAdvantage has launched a new anti-money laundering (AML) guide for digital banks to provide them with a better understanding of the topic.
Finland-based iconicchain scores €1m to bring blockchain to compliance
Finnish RegTech company iconicchain, which leverages blockchain to improve compliance, has collected €1m in funding.
Laminar emerges from stealth to pick up $32m Series A
Cloud data protection provider Laminar has secured $32m from a Series A funding round headed by Insight Partners.
Holiday season is cybercrime season, Arkose Labs warns
Recent data from Arkose Labs, the fraud deterrence platform, predicts a 60% increase in online fraud attempts over the upcoming 2021 holiday shopping season.
The...
Sedric eyes global expansion following $3.5m seed financing
AI-based compliance platform Sedric has secured $3.5m from a seed funding round led by StageOne Ventures.
Ransomware the most significant cyber threat facing the UK, report finds
The UK’s National Cyber Security Centre (NCSC) claims it has fought off a record number of digital intrusions this year driven by a surge in ransomware.
Debt packager referral fees to be banned under new FCA proposal
The Financial Conduct Authority (FCA) has proposed the banning of debt packager companies from being paid to refer customers on to other businesses.
BCBS launches consultation on climate-related financial risk management
The Basel Committee on Banking Supervision (BCBS) has issued a public consultation on the principles for the management and supervision of climate-related financial risks.
