Why do financial firms still get data laws wrong?
Nine out of ten financial services firms struggle to comply with data privacy laws. However, this has presented RegTech companies with new opportunities.
Forex trader ordered by federal court to pay more than $595,000 for fraud
The U.S. District Court for the Southern District of New York has ordered Amada Capital Management and its owner to pay more than $595,000 for forex solicitation fraud and misappropriation
FCA clarifies its position on wet signatures
As the coronavirus crisis keeps on growing, many businesses have expressed concerns regarding their ability to complete contracts if people cannot meet in person to sign so-called wet signatures – signatures written with a pen.
The Malta Financial Services Authority warns of coronavirus scam spike
The authorities in Malta have joined the regulators around the world warning businesses about a rise of coronavirus related scams.
Financial institutions are getting more optimistic about open banking – Tink
It seems as if 61% of financial institutions now feel positive towards open banking, yet 42% do not have clear strategy for realising its benefits, according to new research from open banking platform Tink.
Theta Lake unveils new capture and monitoring solution that could boost compliance during the...
Collaboration risk and compliance company Theta Lake has released the first native capture and monitoring solution for collaboration chat.
Wolters Kluwer is offering free regulatory information to help businesses during the COVID-19 pandemic
To help them through the crisis, RegTech company Wolters Kluwer’s Compliance Program Management (CPM) business has launched a new free service named COVID-19 Noteworthy Developments Bulletins.
Banking industry-funded police task force cracks down on coronavirus-related scams
Hackers and scammers have taken advantage of the COVID-19 crisis to launch email and phone scams. But now a police task force funded by the banking industry has set out to deal with the fraudsters.
The National Crowdfunding & Fintech Association urges Canada’s government to save FinTechs during the...
The coronavirus has wreaked havoc among the world’s FinTech companies. Now, the National Crowdfunding & Fintech Association (NCFA) has sent an open letter to the Canadian government to help the nation’s FinTech industry.
Singapore named most cyberattack prepared country in the Asia-Pacific as fear of hacking delay...
Deloitte has named Singapore, Japan and Australia as the nations in the Asia Pacific that are the best prepared for hack attacks.
