ID-Pal teams with Lerex for fraud protection
Identity verification provider ID-Pal will help payment solution provider Lerex Technology with its identity verification, e-verification and anti-money laundering and KYC requirements.
What is the difference between advanced and qualified electronic signature?
As more firms digitise their operations, it is likely more confidential documents will need to be signed digitally. There are three types of e-signatures,...
Theta Lake, Movius partner to improve communication monitoring in messaging services
Theta Lake, a communication compliance and security solution developer, has teamed up with fellow communication security solution Movius to help companies improve compliance with collaboration tools.
Why real-time transaction monitoring is the next step for compliance
Sentinels, which helps detect money laundering in real-time, has released a report outlining why real-time transaction monitoring is the next step for compliance functions.
How to maintain communication monitoring compliance when using tools like Microsoft Teams
With digital collaboration tools becoming as ingrained to the working world firms need to aware of the compliance risks and upgrade their communication monitoring tools.
Data protection platform Sotero extends seed round by $8m
Data security platform Sotero has raised $8m in a seed extension round, which brings the round’s total to $13m.
Aspire and Know Your Customer to empower SMEs across Southeast Asia
Aspire, a platform designed to help a businesses with their financial needs, has partnered with RegTech provider Know Your Customer, to facilitate access to its financial products to underserved SMEs and entrepreneurs across Southeast Asia.
How FNZ is improving the foundations of a three lines of defence model
It is no secret that regulators around the world are becoming increasingly tougher on financial services companies. There is an unrelenting level of regulation being drafted and fines are hitting eyewatering sums. A report from Finbold pegged fines for non-compliance with AML, KYC and data privacy regulations at a total of €12bn in 2020.
Identity fraud cases increased by 109% in 2021
Last year saw a 109% increase in identity fraud cases, according to a new report from payment intelligence company Fraugster.
Is the crypto crash a failure of regulation?
The crypto industry has been on a white-knuckle rollercoaster over the last few years. Establishing a market presence back in 2013, the price of Bitcoin rose from just over $10,000 in 2017 to over $61,000 in October 2021. However, the market is now experiencing a bust. Was a failure to regulation to blame?
