FCA takes action on debt packaging firms following review
A review by the Financial Conduct Authority (FCA) on the practices of debt packager companies has led to six firms stopping providing regulated debt advice.
Survey finds SFTR is leading to regulatory reporting consolidation
A survey conducted by IHS Markit and Pirum has found over 70% of regulatory respondents plan to consolidate their diverse reporting processes under a single platform.
UBS hit with $8m SEC fine over volatility-tied compliance failures
UBS Wealth Management USA has agreed to pay a $8m fine to the Securities and Exchange Commission (SEC) over its failure to properly supervise...
GetID unveils new identity verification flow builder
Estonian identity verification firm GetID has launched a know-your-customer (KYC) flow builder to help customers set up and deploy personalised online verification procedures.
Clausematch survey details accelerated RegTech growth during the pandemic
A survey conducted by regulatory technology business Clausematch has found the RegTech industry has witnessed accelerated growth during the coronavirus pandemic.
Why Revolut and the CyberTech industry stand out from the 42 funding rounds raised...
FinTech companies continue to rake in millions of dollars with a slew of startups graduating to the unicorn club. The 42 ventures in the...
Cognitive View considers funding for its global expansion
Founded in 2018, the Australian firm Cognitive View analyses customer communication data to identify conduct-related risk. The company – led by CEO Dilip Mohapatra – have had a busy last year, despite the challenges brought about by the pandemic. So what is next for the company?
Compliance versus risk: Why choosing the right approach is so important
As risks of data breaches, plus fines for non-compliance rise, organisations understand the need for cybersecurity risk management.
US introduces ransomware safety site, offers incentives for hacker tips
The US government has unveiled a new website designed to provide businesses with greater knowledge of the threat posed by ransomware to their companies.
US launches inter-agency task force to tackle ransomware wave
The US government has introduced a new interagency task force aimed at combating the increasing challenge of ransomware on the United States.
