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.
South Korea could do more to fight money laundering and financial crime says the...
While South Korea has established a strong legal framework to fight money laundering, the country must do more to prevent government officials from laundering the proceeds of corruption.
PAAY puts an end to its three week data breach
Anti-fraud company PAAY has reportedly experienced a three week data breach which saw around 2.5 million card transaction records exposed to the public.
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.
FRISS launches on the Guidewire Marketplace
Fraud and risk solution developer FRISS has deployed its AI-powered solution onto the Guidewire Marketplace.
ForgeRock bags $93.5m in new Series E round and becomes latest digital identity startup...
Digital identity verification company ForgeRock has closed a $93.5m Series E round at a time when the sector is poised for massive growth.
Yoti and Synectics team up for new digital identity venture “Project Endeavour”
RegTech startups Yoti and Synectics Solutions have established a strategic partnership to design and pilot a “ground-breaking” electronic digital identity and risk assessment onboarding solution.
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.
