Legislation

In the realm of FinTech, understanding the nuances between Know Your Customer (KYC) and Know Your Business (KYB) is essential for businesses navigating the complexities of regulatory compliance and risk management. Both KYC and KYB processes are foundational in building trust and ensuring financial integrity within companies.

Balancing a seamless customer onboarding experience with stringent compliance measures can be challenging. RelyComply, an intelligent AML compliance platform, recently outlined strategies and best practices to streamline the KYC/CDD process, helping businesses navigate anti-money laundering (AML) regulations while enhancing customer satisfaction.

Transcend, a next-generation data privacy platform, has announced the successful raising of $40m in Series B funding. The funding round was led by new investor...

The UK Financial Conduct Authority (FCA) has published a policy statement confirming the final rules under the Sustainability Disclosure Requirements (SDR) and investment labels...

MAP FinTech recently hosted a critical webinar aimed at equipping EMIR-obliged entities with the necessary insights and tools in anticipation of the EMIR REFIT implementation.

In the latest episode of Napier AI's podcast series, Paysafe’s former MLRO and Napier AI's data scientist delve into the integration of machine learning (ML) in combating financial crimes within the FinTech sector.

FinTech Global recently spoke to multiple industry players to get their insights on whether financial institutions are keeping up with modern sanction/PEPs lists monitoring...

BreachRx, a RegTech firm specialising in intelligent incident response, today announced the closure of its $6.5m seed funding round.

The war in Ukraine has underscored how quickly sanction and PEPs lists can change. Since 2022, the US, UK, EU, Australia, Japan and Canada have imposed over 16,500 sanctions on Russia, according to the BBC. The current turbulent geopolitical scene means financial services firms need to be ready for regular, and often sudden, changes to PEPs and sanction lists. FinTech Global recently spoke to several industry players to ask whether financial institutions are keeping up with the modern sanction/PEPs landscape.

FullCircl, a SaaS platform renowned for eliminating regulatory and verification hurdles, has offered a complete guide to money laundering regulations 2024. The updated guide explores...