Ladbrokes Coral Group’s £5.9m fine for “systemic failings” to prevent money laundering is just...
The UK Gambling Commission has penalized betting company Ladbrokes Coral Group for not putting up enough safeguards against money laundering and gambling harm. But it’s not finished yet.
Nice Actimize joins FCA’s TechSprint
NICE Actimize an autonomous financial crime management platform, has joined the UK Financial Conduct Authority’s Global Anti-Money Laundering and Financial Crime TechSprint.
Electronic Identification releases case study on benefits of digital onboarding
Electronic Identification has released 22 new use cases exploring how biometrics can improve customer experiences.
Financial institutions need to put conduct risk on same priority level as KYC/AML
KYC and AML have received a lot of RegTech focus, but conduct risk needs to receive more attention, according to Dilip Mohapatra, founder at Cognitive View.
DUST Identity closes $10m Series A led by Kleiner Perkins
DUST Identity, a security tag and identity for things, has collected $10m in its Series A round led by Kleiner Perkins.
More industry collaboration will help boost the fight on fraud
Regulators need to improve how they handle the data they capture from license holders, according to a panel at the Global RegTech Summit.
South Australian Police launches new cybercrime and financial fraud division
The South Australian Police (SAPOL) has launched a new division which will focus on investigating cybercrime and financial fraud.
IXOPAY to help clients protect from fraud through new Kount deal
IXOPAY hopes to help its clients better protect themselves from fraud through its new partnership with Kount.
Reserve Bank of India fines four banks for KYC and AML failures
The Reserve Bank of India (RBI) has implemented fines to four banks for non-compliance with KYC, AML, and account opening standards.
Four Singapore-based RegTechs to watch
The regulatory technology sector has been growing at a feverish rate. Last year, a total of $4.4bn was invested to starups in the space around the world – 2.5-times the amount raised in 2017, data from RegTech Analyst shows.
