ThetaRay nets $31m in fresh capital to help grow its market reach
ThetaRay, which claims to accelerate cross-border payments between banks whilst protecting them from financial crime, has netted $31m in funding.
ECB warns banks instant payment levies are hindering uptake
The European Central Bank (ECB) has issued a warning to banks that charges levied for instant payments are proving a barrier to uptake
MAS launches a green finance taskforce to double down on sustainability in the FinTech...
A green finance task force convened by the Monetary Authority of Singapore (MAS) has issued a slew of initiatives for financial institutions to enhance climate-related disclosures and green capabilities.
FBI report finds staggering cybercrime complaint increase over 2020-2021
A report by the FBI’s Internet Crime Complaint Center (IC3) has found cybercrime complaints hiked by 100% over a 14-month period.
Theta Lake boosts compliance, security coverage with Microsoft Teams certification
Collaboration security and compliance company Theta Lake has received compliance recording certification from Microsoft Teams.
DarkSide ransomware shuts down on back of US pressure, lost server access
The DarkSide ransomware variant that was responsible for bringing operations at a US pipeline to a standstill last week has allegedly shut down.
Is data the silver bullet in tackling financial crime?
As the world continues the shift to digital, getting to grips with the threat of financial crime looms large in the minds of banks. But data could be the key solution.
The UK’s FCA has sent more than 4,000 staff on mandatory cybersecurity training
The UK’s Financial Conduct Authority (FCA) has sent over 4,000 staff on cybersecurity training to help combat online threats.
Compliance platform Libryo secures £1.35m in funding
Libryo, which helps companies understand the laws in their local jurisdictions, has closed a £1.35m funding round.
Bank of America reportedly agrees to settle in overdraft fees case
Bank of America has reportedly agreed to pay $75m in the settlement of a lawsuit, which accuses the bank of extracting overdraft fees it didn’t earn from customers with savings and checking accounts.
