India’s anti-money laundering act has been amended to allow for more KYC options
The Indian Prevention of Money Laundering Act (PMLA) has been changed to allow more flexibility for people to prove that they are who they say they are.
Money laundering reports are on the rise in the UK
The UK’s National Crime Agency has received a record number of reports related to suspected money laundering attempts.
Standard Chartered and Quantexa join forces to tackle financial crime with contextual decision intelligence
Having partnered up with HSBC in September, Quantexa is now going to provide its contextual intelligence software to help international banking group Standard Chartered prevent financial crimes.
Red Balloon to improve security with NHA ATMs
Red Balloon Security is to help Nautilus Hyosung America (NHA) enhance security for its retail ATMs.
Nasdaq releases AI tool to better detect malicious activity
Nasdaq has released a new AI-powered tool for surveillance patterns on the The Nasdaq Stock Market to better detect malicious activity.
Riskified is the new RegTech company to join the unicorn club
Riskified, a payments and fraud-prevention solution provider, has netted $165m in its Series E, raising its valuation to more than $1bn.
RedMarlin bags $10m in its Series A led by ThomVest and Crosslink
Fraud prevention company RedMarlin has bagged $10m in Series A funding led by ThomVest Ventures and Crosslink Capital.
idCredit and GetID launch new KYC tools
The new blockchain solution for identity verification and KYC/AML support from idCredit and GetID has been released.
Taking the fight: What do RegTech companies think about the EU potentially setting up...
European finance ministers are expected to urge the European Commission to set up a new anti-money laundering authority. Whilst optimistic, RegTech stakeholders expect challenges to come.
Germany’s banks lash out against Libra whilst pushing for a digital euro
Could a digital euro be a better alternative to Libra? A leading group of German banks thinks so.
