Regulations are increasing KYC complexity
Global regulations are continuing to increase KYC complexity and are pushing banks towards technology innovation, according to a new study.
Enigma raises $95m in NEA-led round
Enigma, a New York-based Data-as-a-Service company, has raised $95m in a funding round led by NEA.
Swiss regulator finds deficiencies in Credit Suisse’s AML processes
Switzerland’s regulator has claimed that Credit Suisse has failed to adequately fight money laundering in suspected corruption cases.
Travel Money Club picks Onfido to onboard users
Travel Money Club, a currency exchange platform, has bolstered its identity verification experience by partnering with Onfido.
4Stop partners with Web Shield to offer merchant underwriting
4Stop, a provider KYC, compliance and fraud prevention solutions, has partnered with Web Shield and launched its global merchant underwriting solution.
RegTech needs to be more transparent in the way we do things says CEO
RegTech is about bringing clarity to compliance but there is a lack of transparency between the sector and regulators, according to kompany founder & CEO Russell E. Perry.
FINRA makes first disciplinary action involving cryptos
FINRA has marked its disciplinary action involving cryptocurrencies by filing a complaint against Timothy Tilton Ayre.
EU Commission set to hand the EBA new powers to combat money laundering
The European Commission is proposing to strengthen the fight against money laundering by handing the European Banking Authority new powers.
FCA warns of financial crime risks post-Brexit
The financial conduct authority has warned that the UK will be unable to manage the risk of financial crime under a no-deal Brexit.
BoC US branches taps Fenergo for onboarding & compliance
Bank of China US branches has adopted Fenergo’s solutions to enhance its onboarding and compliance processes.
