LexisNexis helps Darlington Building Society prevent financial crime
LexisNexis Risk Solutions will help Darlington Building Society onboard customers and bolster financial crime prevention and compliance screening.
Managed detection and response provider Lumifi Cyber bags funds
Managed detection and response provider Lumifi Cyber has received an investment from Californian private equity firm HCAP Partners, which partnered with BOK Financial for the deal.
Crypto-related crime plummets in H1 2022
Revenue from crypto related crime has fallen 65% in the first half of 2022 compared to the same period last year, a report by Chainalysis has found.
Why firms should care about the EU Digital Identity
The EU Digital Identity Wallet is an initiative under the European Commission and aims to create a unified digital identification system across Europe.
Federal Reserve Board proposes changes to payment system
The US Federal Reserve Board has issued the final guidelines that establish a transparent, risk-based and consistent set of factors for Reserve Banks to use when reviewing requests to access Federal Reserve accounts and payment services.
Bahrain’s identity verification startup FACEKI closes seed
Identity verification platform FACEKI has reportedly closed its seed round on an undisclosed amount.
Why a ‘machine line of defence’ is needed for the FCAs Consumer Duty
With the UK’s FCA having released its final guidance on Consumer Duty proposals, firms have been given new requirements they must meet.
5 elements that make an effective compliance program
With regulations continuously changing, there are always new challenges to overcome. To help firms stay on top, Diligent has outlined the five elements that make an effective compliance program.
How KYC can fight fraud in FinTech
As the FinTech sector continues to grow, so does the prevalence and cost of fraud. As such, security remains one of the biggest challenges the sector is facing today. eID outlines the role KYC in onboarding new customers has to play.
Continuous compliance automation platform RegScale bags $20m Series A
Continuous compliance automation software platform RegScale has closed its Series A round on $20m.
