Anti-money laundering market to be worth $1.99bn by 2025
The global market for solutions preventing money laundering is set to skyrocket to be worth $1.99bn by 2025.
Clunky identity verification and AML practices hold back banks from winning at online banking
Even though the coronavirus pandemic has made digital banking a must-have for banks, many of these financial institutions risk losing customers because of their clunky onboarding practices, according to a new FICO survey.
How different RegTechs tackled the Covid-19 crisis
More than nine months into the coronavirus pandemic, different segments of the RegTech industry has been responding to the crisis in various ways.
Is the criticism against the EU for removing the Cayman Islands from its list...
The European Council has removed the Cayman Islands from its list of non-cooperative jurisdictions for tax purposes. However, not everyone is happy about the decision.
BGL Group launches AI tool to prevent false auto claims
BGL Group has launched an AI-powered counter fraud pre-sale technology solution, which will be capable of identifying criminal activity.
The FinCEN Files showcases how outdated some countries’ financial crime rankings are
Following the release of the FinCEN Files in September, RegTech Sigma Ratings shows how old risk ratings on financial crime are often static and out of date.
Financial institutions struggle with money laundering and Covid-19 is making matters worse
Banks struggle to detect money laundering and Covid-19 is making the situation worse, according to new research from BAE System.
How OakNorth has weathered the Covid-19 crisis and Brexit so far
Despite Covid-19 and Brexit, challenger bank OakNorth claims to have been able to avoid many of the hurdles other neobanks have faced.
Money laundering fugitive Richard Baldwin ordered to return £1.6m or face eight more years...
The Financial Conduct Authority has secured an order against money laundering fugitive Richard Baldwin that would force him to either pay £1.6m or face another eight years in prison.
NatWest uses Featurespace’s tech to fight financial fraud
Crime prevention software developer Featurespace has been enlisted by NatWest to protect the bank's customers against fraud.
