How increased accountability is impacting the financial market
SM&CR has increased emphasis on personal accountability within firms and caused many senior managers to abandon ship for less risky roles, Ascent partner lead Maria Phillips told FinTech Global.
The FBI issues warning on apps created in Russia as a potential counterintelligence threat
The US’ Federal Bureau of Investigation (FBI) has reportedly issued a warning that any mobile app created in Russia could be a “potential counterintelligence threat.”
SecuLetter nets $6m Series B, valuing the business at $36m
SecuLetter, an email protection platform, has netted $6m in its Series B round which ups its company valuation to $36m.
UK’s FCA launches consultation on benchmark administrators under SM&CR
The UK’s Financial Conduct Authority (FCA) has released a consultation on how to apply the Senior Managers Regime (SMR) to benchmark administrators.
The European Banking Authority releases new ICT and security risk guidelines
The European Banking Authority (EBA) have released new guidelines for the mitigation and management of information and communication technology (ICT) and security risks.
FIS partners with IBM to improve P2P payment safety
Financial services technology platform FIS has integrated the IBM Safer Payment solution to improve its anti-fraud capabilities on its real-time P2P payment services.
Goldman Sachs fined $1m for failing to record communications
The U.S. Commodity Futures Trading Commission (CFTC) has fined Goldman Sachs $1m for failing to make and keep certain audio recordings as needed for compliance under swap dealer regulations.
Why Theta Lake believes AI is critical for the evolution of communication monitoring
Building a communication monitoring platform which leveraged AI and machine learning from the ground up and covered the full spectrum of voice, video, chat, and text based communication was essential in the creation of Theta Lake
SAR nets $1m seed funding from angel investors
SAR, a data analytics platform for securities class action (SCA), has netted $1m in seed funding from a group of angel investors.
The FCA bans mass marketing of speculative mini-bonds
The Financial Conduct Authority (FCA) will ban the mass marketing of speculative mini-bonds to retail customers from New Year’s Day 2020.
