Alleged JPMorgan hacker to plead guilty of stealing 80 million customers’ financial data
Andrei Tyurin is expected to plead guilty later in September to the allegations of having hacked JP Morgan Chase & Co in a hack that netted hundreds of millions of dollars.
Swedbank gives prosecutor permission to question the bank’s lawyer over money laundering scandal
Swedish bank Swedbank has allowed authorities investigating a potential money laundering scandal to interview the lawyer who conducted the internal probe into the allegations.
What do FinTech and RegTech stakeholders think about the new Australian senate committee investigating...
Last week the Australian senate announced it would launch a new select committee to ensure the FinTech and RegTech sectors keep growing and remain compliant. Now, industry leaders have revealed what they think about it.
Digital identity company Trulioo raises $52.8m in Series C funding
Trulioo, a Canada-based global identity verification platform, has raised CAD $70m ($52.8m) in its Series C funding round.
Wealth management firms haemorrhage clients because they struggle to comply with new KYC and...
New regulations to prevent money laundering are part of the reason why wealth management firms are struggling to onboard their clients fast enough and risk losing them.
FCA boss says UK firms have stepped up their preparations of a no-deal Brexit
The chief executive of the Financial Conduct Authority (FCA) has stated that preparations for the possibility of a no-deal Brexit have increased, but that there is still work to be done.
Revealing the obstacles RegTech companies must overcome to keep on booming
The RegTech industry is growing massively, but there are still challenges to tackle head-on to keep expanding.
Indonesia’s Bank Mayapada to boost AML through NICE Actimize
NICE Actimize has been selected by Indonesia’s Bank Mayapada Internasional to improve its financial crime operations.
Global regulators to grill Facebook about its planned Libra project
Representatives from Libra will be interviewed by officials from 26 global central banks on Monday in a bid to ease worries about its impact on the financial market. At the same time, investor interest in crypto seems to waning.
UK banks ahead of US and Canada for integrating fraud and financial crime compliance...
UK banks are ahead of those in Canada and US for integrating their fraud and financial crime compliance systems and activities, according to new research from Ovum, on behalf of analytics software firm FICO.
