Legislation

ComplyAdvantage has released ComplyTry, a new tool that lets anyone verify prospective customers by leveraging live sanctions, politically exposed people (PEPs) and adverse media data.

Most companies lack the tools and mitigation plans to handle imminent attacks, Kocho helps them fix this.

RapidFort, a software attack service optimisation platform, has reportedly collected $8.5m in its seed funding round.

Data breaches are becoming increasingly costly. In 2021, the cost of a data breach reached $4.24m, up from $3.86m, according to data by IBM.

In an increasingly digital and connected world, the need to stay alert to new challenges has never been clearer.  

RegTech solution provider Regnology has acquired Tax Information Reporting (TIR) software from PwC UK.

Nearly half (43%) of large financial institutions have adopted open banking, according to a report from identity management company Curity.

Founded in 2019, Schwarzthal Tech is a UK-based RegTech startup that is developing Wunderschild Know Your NetworkTM, an AI-driven platform that provides financial crime intelligence and speeds up the look-up process for beneficiaries. Two years into its existence, what is next for the company?

Companies are facing increasing pressures to streamline customer-facing processes. The digital ecosystem emphasizes a world where people want things completed instantly and poor experiences mean switching to other providers. Chor Teh - financial crime compliance industry practice lead at Moody’s Analytics - has explored why customers should be at the front of onboarding processes.

The automatic verification of someone’s ID is undoubtedly the first building block in the onboarding process of a digital customer. However, what is needed in this process and what should you be looking for in a tool?