TSB Bank launches UK’s first refund solution to cover all types of transaction fraud
TSB Bank has revealed a Fraud Refund Guarantee which protect customers fallen victim to fraudulent activity.
German regulator BaFin has reportedly warned N26 to improve its fraud response
German challenger bank N26 is reportedly being told by the country’s banking regulator BaFin to improve its response to fraud.
FCA slaps Standard Chartered with £102.2m fine for ‘poor’ AML controls
The Financial Conduct Authority has issued its second largest financial penalty ever for AML controls failings, after fining Standard Chartered Bank £102.2m for breaches in two areas of the business.
International Screening Solutions bags $1.5m in angel-led round
KYC and risk screening company International Screening Solutions (ISS) has closed a $1.5m funding round led by a group of technology-focused angel investors.
Simulation technology platform Simudyne pulls in $6m for Series A
Simudyne, a platform which hosts financial market simulations to identify fraud, has pulled in $6m in Series A of fundraising.
Arctic Intelligence welcomes Unity Bank as its latest customer
Arctic Intelligence, a provider of audit, risk and compliance services, has revealed that member-owned bank Unity Bank has become its latest client.
New Zealand’s FMA reveals new focuses for AML/CTF
New Zealand’s Financial Markets Authority (FMA) will increase reviews on independent audits as well as client onboarding and account monitoring processes.
US challenger bank Varo Money partners with Feedzai
Challenger bank Varo Money has teamed up with Feedzai to support its fraud prevention capabilities.
equensWorldline deploys fingerprint and faceID tools to platform
equensWorldline, a subsidiary of payments company Worldline, has enhanced its trusted authentication services with the addition of fingerprint and faceID security options.
SentiLink said to raise $14m in Series A round
SentiLink, an online fraud protection platform, has reportedly raised $14m in its Series A round.
